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Tips on Buying Your First Real Estate by Cleo Gib





Tips on Buying Your First Real Estate by
Article Posted: 03/17/2011
Article Views: 117
Articles Written: 12921
Word Count: 420
Article Votes: 0
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Tips on Buying Your First Real Estate


 
Real Estate
Buying your own piece of real estate is an exciting and challenging experience. Home ownership has its own set of benefits that many people tend to quote to you when you are deciding to buy a home. But how can you make sure you come out with a fair deal? Navigate the system expertly by following these tips.

First, you have to define your search parameters. Know how much you can afford each month on a mortgage payment and stick to that number. Define your needs versus your wants. Once you have taken these initial steps, begin researching desired areas for homes that fit within your parameters. With the Internet, you can take virtual tours, browse hundreds of listing, and view photos of homes and neighborhoods. This initial legwork is important because it helps you narrow down your list of requirements even further.

Next, contact a real estate agent. An agent can help you get in doors you might not otherwise know were open to you. They can also do the searching mentioned above for you; this can be a great boon to individuals and families who are tight on time.

Third, be prepared to view a home. Come with equipment to take notes on design features, likes and dislikes, colors, initial impressions, etc. It is even a great idea to bring a digital camera with you so you can more readily distinguish between each house you view. Take into consider the location and the home's surroundings. Immediately upon leaving, rate the house on a scale of 1 to 10, with 10 being the highest. When you go back to think about each house, rely on your notes and initial impressions. Things can become skewed after you have viewed a couple houses and your instincts will be your best guide at this point.

Once you have made a decision, contact your agent to make an offer. If it is accepted, buckle down to prepare for the loan and closing process. Remind yourself that you are one step closer to owning real estate. If your offer is not accepted, do not become disheartened. Rather, take a second look at the other houses you saw or continue your search. The home for you is out there and with perseverance, you will find it.

Coldwell Banker (http://www.coldwellbankermag.com/) the brand was founded in 1906 on a commitment to professionalism and customer service that remains the core of our business philosophy today. The nation's oldest real estate organization, Des Moines real estate.

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