Taking the Leap
You have spent weekends visiting open houses, and looking at properties with your real estate agent. You have put in hours on the computer researching properties, and the marketplace. You have carefully reviewed your finances, to see how much you can afford. After all that, you think you may have found the perfect property. Now, how do you know if you should make a purchase offer? First, go back and review your wish list, the roster of criteria you set forth when you first started looking at properties. Does this listing have some, or most, of those qualities? Can you live without the ones it does not have, or could you add those amenities in the future?If you answered yes to the above questions, look carefully at your finances. Run the numbers one more time, and make sure the price fits within your budget. Look closely at how much it will cost you to own this home on a monthly basis. In addition to mortgage and property taxes, consider things such as home owners insurance, utilities, emergency repairs, improvements, upkeep, and furnishings. If the numbers work, consider the area where you are looking to buy. Can the neighborhood support your investment? What about the proximity of facilities such as schools, parks, recreational opportunities, and public transportation. Plan with your present, as well as your future, needs in mind. Next, consult your real estate professional. Discuss what would be a fair, and reasonable bid. Data on what homes in that area have been selling for during the past six months will help you develop an attractive offer. It is also wise to come up with a plan should the offer be rejected. Once you’ve considered each of these items, go ahead and make that bid!MARKETA JONAS-HAGY is a Real Estate Broker with Century 21 Gold at 507 Main Street in Frisco. She has been helping clients with their Summit County Real Estate buying, and selling, needs for over 17 years. You can reach Marketa at (970) 668-2121 ext. 215, (800) 548-0021, or via email at firstname.lastname@example.org. Go to c21summitcounty.com to search, and view, all properties for sale in the Summit County MLS.
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