Listen to your real estate agent’s advice, but follow your own instincts on deciding a fair price. Calculating your offer should involve several factors: what homes sell for in the area, the home’s condition, how long it’s been on the market, financing terms, and the seller’s situation. By the time you’re ready to make an offer, you should have a good idea of what the home is worth and what you can afford. And, be prepared for give-and-take negotiation, which is very common when buying a home. The buyer and seller may often go back and forth until they can agree on a price.
Your real estate agent will assist you in making an offer, which will include the following information:
Remember that a sale commitment depends on negotiating a satisfactory contract with the seller, not just making an offer.
It’s not required, but it’s a good idea. Following the inspection, the home inspector will be able to answer questions about the report and any problem areas. This is also an opportunity to hear an objective opinion on the home you’d like to purchase and it is a good time to ask general, maintenance questions.
There isn’t a set number of houses you should see before you decide. Visit as many as it takes to find the one you want. On average, homebuyers see 15 houses before choosing one. Just be sure to communicate often with your real estate agent about everything you’re looking for. It will help avoid wasting your time.
In addition to comparing the home to your minimum requirement and wish lists, you may want to consider the following:
Take your time and think carefully about each house you see. Ask your real estate agent to point out the pros and cons of each home from a professional standpoint.
The two don’t really compare at all. The one advantage of renting is being generally free of most maintenance responsibilities. But by renting, you lose the chance to build equity, take advantage of tax benefits, and protect yourself against rent increases. Also, you may not be free to decorate without permission and may be at the mercy of the landlord for housing.
Owning a home has many benefits. When you make a mortgage payment, you are building equity. And that’s an investment. Owning a home also qualifies you for tax breaks that assist you in dealing with your new financial responsibilities- like insurance, real estate taxes, and upkeep- which can be substantial. But given the freedom, stability, and security of owning your own home, they are worth it.
You can find out by asking yourself some questions:
If you can answer “yes” to these questions, you are probably ready to buy your own home.
Taj has been my letting agent for over 12 years and has always found me good tenants.
Earlier this year when I decided to sell my property Taj gave me good sound advice on price and timing and within couple of weeks of it going on the market the sold sign was up.
Well done Taj!
Taj has been brilliant with my mortgage applications and house purchases.
He has gone the extra mile to provide all the support that I needed to ensure that my transitions go smoothly.
I was very happy with the whole service and experience obtaining my mortgage through Streets Ahead Mortgages.
I was explained in details from the beginning the process it was easy to understand.
It only took matter of few weeks to complete.
I highly recommend Streets Ahead for mortgages.
J S Kainth.Oct 2020
Streets ahead and the managing director, Taj Gill have given me a 5 star service for renting and selling my property in Derby even whilst I am based in London.
I would definitely use them again.
A highly professional service, with excellent local market knowledge.
Property on the market swiftly.
Viewings arranged and an offer on the table in days.
Couldn’t be happier!
Agent engaged to sale completed in nine weeks.
Although we haven’t had many issues, any time there has been an issue you have been incredibly helpful and whenever you have come out for an inspection you have been so personable and absolutely lovely to be around.
I never feel i am waiting about for any action to be taken and you are always so swift in giving us an update or resolution if there is a problem needing to be taken care of.
We have been in our home for nearly 4 years and i can honestly say i have never felt so looked after and treated so well. I can only assume the landlord is as happy with you as we are.
I’ve been using Streets Ahead for almost 2 years now to manage my properties and cannot fault them in any way. They always go above and beyond and because of them my property ventures have been successful. Friendly and approachable team who know what they’re talking about.
My portfolio has been managed by Streets Ahead Estates for a number of years now and I find them a breath of fresh air to work with. Always on the ball and always very informative whenever I need an update on anything. I also sold a property last year and the service was as expected, outstanding from start to finish. Would highly recommend.
I have been a landlord for 2 years now and have only used one agent. I will not go elsewhere as I have received such an informative professional service. I recommend any landlord to use this firm. Not only do they thoroughly reference their tenants to ensure I don’t have any issues with them. All round amazing service!!
Streets Ahead made selling my property a pleasant experience. They took all the stress away and I felt like I really had a team helping me throughout the process. They managed to negotiate the offer to above what I expected and then communicated with the solicitors well to make sure the sale went through fast. I recommended to a friend who also had a great experience. I’d highly recommend Streets Ahead and would only use them again if I ever need to sell!