The Critical Facts No One Tells You About Buying a House
As the premier realtor serving all corners of the Main Line from Merion to Haverford to Malvern and everything in between, we understand that there are so many things that comprise the process of house hunting. Not only do you need to understand current market conditions, but you'll also want to be aware of new developments, prioritize your features, determine your budget, etc. The list goes on and on. That's precisely why Main Line Homes is dedicated to helping our clients buy the perfect new home.
Whether you’re a first-time buyer or a seasoned housing market veteran, we help all of our clients make looking for their dream home easy, efficient, and straightforward, all at no cost to them. In fact, we're dedicated to making the process of buying a home transparent and accessible. While buying a home is part of the "American Dream," it does come with a few unforeseen realities. Let's take a look at how you can expect the unexpected.
Regardless of Whether You Have Children or Not, School Districts Still Make a Difference
While many parents place a high priority on the school district they'll live in, childless individuals probably don't think much of it. But even though you may not have children or be planning on ever having them, the school district you choose to live in will make a significant difference when it comes time to sell your home later on down the line.
Even If You're Not Renovating, Get a Contractor
Of course you'll be getting your potential new home inspected, but after that, you should also bring in a home building contractor to give you an estimate of what the repairs would cost you. This can help you negotiate the cost of the home if the repair credits that the seller offers won't actually cover their actual cost.
Throughout the Process, Don't Open or Close Any Credit Cards
You may have your eye on that new sofa you're planning to put into the living room or the new fridge for your garage, but hold off on opening a new credit card for these charges until the entire home buying process is complete. The same goes for closing a credit card during this process. It can alter your debt-to-income ratio and negatively affect your home loan.
For more information or to learn more about how Main Line Homes can help you find your dream house, contact us today!
Janis Peterson, REALTOR®, GRI, ABR, SRES, CSP
Main Line Homes Luxury Real Estate Agent