Now that you are pre-approved and have decided on the area you want to live in it is time to start the home search for your home. At this point you are going to have a list of homes that you have identified from your web search. We can then schedule a time that works for both of us to look for your home.I don’t recommend looking at more than 10 homes at a time. I have found if you look at more than that it becomes difficult to remember what you have seen. You are going to want to bring a notebook or iPad along so you can take notes as we go. If you can tell that a home is not going to work then it is best just to move on to the next home.
My real estate mentor years ago gave me some wise advice. She told me to never sell a house that I couldn’t resale. I have taken her instructions to heart and as we go through theTomball TX homes I will be looking for anything that would make this home hard to re-sale down the road. There are many things that can make a home hard to re-sale. What does the home back up to? It can be hard to re-sale homes that back up to businesses or roads. In our area a 2 bedroom one bathroom home would be another example of being functionally obsolete. Almost all homes in our area have at least 3 bedrooms with 2 bathrooms.
In our area where the master bedroom is located is a big deal. Most buyers prefer either a one story or the master bedroom downstairs. If you buy a home with all bedrooms up you just have to realize when you go to re-sale the home it might take a little longer and you will probably not get as much for your home. On the plus side you probably got a good deal when you bought the home. I have to admit we did not realize this when we bought here almost 13 years ago and coming from the north all of our bedrooms are upstairs. Back then my husband was a day sleeper so I don’t know that we would have bought with a master bedroom downstairs anyway.
Once you have narrowed down the homes that you are interested in we will want to compare these homes to other homes that have sold in that area in the last 6 months. Sometimes this will tell you that the home is priced good and other times it might tell you that the home seems to be a little over priced for the area. Recently I did comparatives for a client and we found that the home was fairly overpriced; in doing the comparatives we found another home that was priced good with similar square footage. In this case my client ended up buying the comparative. Doing a buyer’s comparative analysis will then give you the information you need to make an educated offer. My next article will cover what price to offer for your home.
© 2017 Houston Association of Realtors All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Real estate listings held by brokerage firms other than Results Realty are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2017-06-23.
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