Buying Tip #4: Don't Time The Market

 

It is essential to refrain from obsessing about trying to time the market. Figuring out when the best time to buy, and anticipate the housing market is next to impossible. Sure there are many economists, and cyclical patterns that you can refer to , but when it comes down to it, the best time to buy is when you find the perfect house , and you can afford it!

Remember to Educate yourself, means to Empower yourself!

Check out the video segment below from HGTV's 20 Best Kept Secrets for Buying and Selling that helps reiterate this point...

 

Contact me directly for additional Tips, Tricks, and Ideas to Ponder when it comes to Buying and Selling Real Estate.

Aimee Gabriel, Real Estate Broker

"I AIM to Serve"

480-382-2128 Cell
aimeemgabriel@gmail.com

www.aimeegabriel.com

 

Buying Tip #3: Survey Says...

I can't stress this enough...It is essential that you get your own property survey prior to closing, so that you know exactly what you are buying. Not only will it identify where your property lines to help avoid potential disputes with neighbors, but it will also let you know if there is an easement running through the middle of your yard, or perhaps if the property is located in a flood zone.

Be careful on accepting a survey from the Seller. 1) Will your lender approve it 2) Check the date, it may be too old. 3) Is the survey "transferable". You will want to be sure and verify this if you are going to accept an existing survey from the Seller.

Sometimes these items are unknown until the time of the survey, and obtaining flood insurance maybe an extra cost that you can not absorb, or perhaps you intended on building a pool but something on the survey prevents you from doing so. Be sure to obtain the survey within the allotted time stated in the contract, and if need be make objections before your time to do so expires.

Last but not east, cross reference the tax records to the amount of property the survey states. Most likely your property tax is based upon how much property you have, so it is best to have an accurate map drawn up.

Remember to Educate yourself, means to Empower yourself!

Check out the video segment below from HGTV's 20 Best Kept Secrets for Buying and Selling that helps reiterate this point...

Contact me directly for additional Tips, Tricks, and Ideas to Ponder when it comes to Buying and Selling Real Estate.

Aimee Gabriel, Realtor
480-382-2128 Cell
aimeemgabriel@gmail.com

Buying Tip #2:Getting Pre-Approved

Anyone can be pre-qualified for a loan, but you want the be in the strongest negotiating position when making an offer on a home. That's why it is crucial for you to be pre-approved, which means a lender has reviewed your financial information, made you aware of how much you can afford, and how much they will lend you.

In the long run, you will be glad you took this step up front. There is nothing more deflating that running around looking at houses you can't afford. This will also allow time for you to shop around for the loan program that suits you best and the best interest rates. There is a lot of research to do at this juncture: learn about junk fees, processing fees or points and make sure there aren't any hidden costs or "sleeper costs" associated with the loan.

Remember to Educate yourself, means to Empower yourself!

Check out the video segment below from HGTV's 20 Best Kept Secrets for Buying and Selling that helps reiterate this point...

Contact me directly for additional Tips, Tricks, and Ideas to Ponder when it comes to Buying and Selling Real Estate.

Aimee Gabriel, Realtor
480-382-2128 Cell
aimeemgabriel@gmail.com

Buying Tip #1: Keep Your Money In The Bank

It is important that you refrain from making any huge purchases, or move your money around for about three to six months before purchasing a new home. Your credit profile needs to appear consistent and reliable to Lenders. If you open new credit cards, rack up too much debt or make extravagant purchases, you're going to have a hard time getting a loan.

I have seen this time and time again where Buyers were not aware that this would effect them getting the best possible loan. Remember to Educate yourself, means to Empower yourself!

Check out the video segment below from HGTV's 20 Best Kept Secrets for Buying and Selling that helps reiterate this point...

Contact me directly for additional Tips, Tricks, and Ideas to Ponder when it comes to Buying and Selling Real Estate.

Aimee Gabriel, Realtor
480-382-2128 Cell
aimeemgabriel@gmail.com