Tips for Buyers

1. Commit to the Process

    Buying a home is the largest and most important purchase in the lives of most people. 

    The savvy home buyer makes a conscious decision and commitment to buy, plans carefully and deals with       financing issues first, allocates adequate time off from work to look, keeps emotions in check and listens to the advice of a professional.

2.  Find an Agent

    With an ever-changing real estate market, it's important to have a knowledgeable real estate agent to guide you through the process.

3.  Get Pre-Approved for Financing

    When a seller receives an offer to purchase there are 2 primary factors that will be considered - How much is the offer and does the buyer really have the money?  The seller may be more willing to negotiate price and/or other terms if money is assured.

    When a buyer makes the effort up front to get pre-approved for financing it does 2 things - Establishes exactly how much home you can afford and puts you in a strong negotiating position with sellers.

  For help in determining your financing needs visit one of our local banks or click here www.mortgage-calc.com

  Information on USDA Housing Programs for first-time home buyers call us or click here                                   www.rurdev.usda.gov/ia/rhs-cf.html.  We also have information available on Region 12 funding for down payment assistance.

4.  Be Realistic about Needs and Wants

    Buyers should come to terms with what they really need, want and can afford to buy.     

5.  Make the Right Offer

    A rule of thumb is that a too low offer usually results in the buyer either losing the home or paying more.  A low ball offer puts the seller on the defensive and contaminates the environment needed to result in a win-win negotiation.  A too high offer can also send the wrong signals, especially if the home just recently went on the market.  The too high offer may cost the buyer money but could cause the seller to be less agreeable to other terms and condition.

Regardless of your knowledge of investing, buying a home will be one of the largest investments of your life.  The real estate agents at Peckumn Real Estate will assist you every step of the way in the home buying process, from screening current properties to negotiating the best deal.  Our agents have experience in Residential, Commercial, Land, Development, Multi-Unit and Investment Opportunities.

Let us show you why we should be your real estate agent.