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First Time Homebuyers Across America Part 3 of 3

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Knowledge is the Power for Your Freedom to a Worry Free Home!

First Time Homebuyers Across America, other market information to think about before you make a purchase offer.

Family Home

Look for information about other factors than just the selling price of homes comparable to the one you may want to buy. Take time to look at the other homes that have sold in the neighborhood you and your family are going to buy a home in. What kind of condition is the outside of the home in, what about the yard ?

What do you see

How do they compare

Does the home you and your family want to buy appear to be in better condition than the others ?

Look way beyond the size and number of rooms in the home. This information can make a big difference in just how much you are willing to offer the seller's. Offer to buy

Also think about any extras the home you are looking at may have. Does the home have an addition that may include a expanded kitchen may be another bathroom ?

Is there a pool or does it have an extra large garage ?

Is the landscaping a part of its charm to you and your family?

Expanded living space of a home can influence the final price. Be careful not to be talked in to overestimate cosmetic additions, such as a swimming pool or that beautiful yard. That swimming pool in the back yard may be a deciding factor for you and your family. Remember pools are a lot of hard work to keep up. The pool could also be a big disadvantage if and when you may try to sell the home later. Just because a pool cost $40,000 does not add $40,000 to the value of a home.

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Baker Home Inspection and Consulting Blog is a part of the Active Rain Real Estate Network, which is a social community network made up mostly of Professionals in the Real Estate Industry.

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I hope you and your family always have a fun and safe day!

Link to Part 1 of First Time Homebuyers Across America

Link to Part 2 of First Time Homebuyers Across America

Real Estate Home Inspections

Posted by Dale Baker,The #1 Home and Commercial Properties Inspector-in NH&VT-on AR on 09/27/2008 11:41 PM

Comments (19)

First Time Home Buyers in the Home Buying Channel

new hampshire real estate, sullivan county real estate, claremont real estate, sullivan county home inspectors, claremont home inspectors

Originally posted at: Baker Home Inspection Blog: First Time Homebuyers Across America Part 3 of 3

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19 Comments on First Time Homebuyers Across America Part 3 of 3

SEP

Good information in that post Dale. Keep up the good work informing consumers.

Hi Dale, You are right about cosmetic things that give a home appeal. They do not always carry the same value as square footage just like the pool example you gave.

Dale, Pools are expensive. I have one in a rental that I used to live in myself. My pool guy is $85.00 per month and he charges extra for every little thing he can. It costs me around $1600.00 year for up-keep.

Howdy Steven, Ricki, Jane

Glad to have Y'all stop by my little ol Blogging Homestead to visit and comment.

Steven - Thank ya kindly. We are all here to do our best to be of help to folk's.

Ricki - Just way to many folk's think a pool will help a home go up in price. But these with the way costs are, they don't really do that.

Jane - That they are. You also have so many rules that go along with having a pool now a days, that take the cost of having one now it just ain't funny.

Baker Home Inspection and Consulting

Dale, Great post. Inspectors have been my biggest wealth of information. I can tell from your posts and your comments, you would be very knowledgeable and, if you were in my neck of the woods, one of favorite inspectors!

SEP

Dale Great wrap up of a very fine series. I agree with Sherry that you would definately be on my list of inspectors! Have a good week!

Howdy Sherry

Thank you for stopping by my little ol Blogging Homestead and leaving a comment.

Glad you enjoyed it. I'll be posting the other two parts this week.

Thank you for your very kind words.

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Howdy Russell

Glad to have ya visit and leaving a comment on my little ol Blogging Homestead.

Glad you liked it. I'll be getting the other two parts posted this week.

Thank you for your very kind words.

Baker Home Inspection and Consulting Blog

OCT

Good info, Dale! One thing I always ask my clients who are looking for property with a pool is: "Are you aware of the maintenance required on a pool...and the cost of it?" It isn't just a hole in the ground with a bunch of water in it!

Howdy Kent

Glad to have ya stop by to visit and comment on one of my post's, at my little ol Blogging Homestead.

Thank ya kindly, my friend. That is a really good thing to ask them. A lot of folk's just don't really know what goes in to owning a pool. Thats for sure!

Baker Home Inspection and Consulting

OCT

Hey Dale looks like you have been busy with this 3 of 3 post. Awesome information!

OCT

Howdy Deb

Glad to have you stop by to visit and comment at my little ol Blogging Homestead.

I am working on geting part 1 and 2 written tonight. Have gotten a bit behind on posting and replying back to folk's. My lady and I have be busy looking at homes. We have one under contract now. After we close on it, I'll be writing some post's about it. From the day we found it to the day we close on it.

First Time Home Buyers Across America Part 3 of 3

OCT

Hello! You said a mouth full in this little post my friend! Many people look at the wrong thing thinking it adds value. Congratulations on your new home... I think a post on the process would be very good for new home buyers. I can not wait to read it! Your Tennessee Friend Brenda :)

Howdy Brenda

Glad to see you out and about the Active Rain community, my friend. It's always nice to have you stop by to visit and read the comments you leave. At my little ol Blogging Homestead.

Folk's just sometimes see all the extras of a home they want to buy, make it worth a whole lot more money than it really is.

You'll have to wait for a bit. I need to wait to write about it after we close on the home. Right now it looks like it'll be in Nov.

First Time Homebuyers Across America

OCT

Dale - This has been a great information blog; especially the outside cost that people sometimes don't take into consideration, pool service, lawn service, homeowner association fees. I think sometimes people just think for the moment and not long term. Hidden fee service can certainly add up over the years.

OCT

Howdy Carl and Ceil

my friends, it's always good to see you have visited and commented, at my little ol Blogging Homestead.

A good Real Estate Agent, should help their First Time Home Buyers to understand these things. Just like a good Real Estate Agent, will go out of their way to Negotiate to get them the very best price for the home. Even if that means the Agent will not make as big of a commission from the sale of the home to their cilent's.

Baker Home Inspection and Consulting

Dale - If I were buying a home today I would interview the person that would be representing me and would look out for my welfare. If they conduct the project in a good way everyone would be a "winner".

Howdy Carl and Ceil

Anyone that is thinking of buying a home, should always conduct an interview of the Agent that will be helpping them to find and buy their home.

Baker Home Inspection and Consulting

OCT

Dale - I think we both commented on a blog that Trey wrote recently where he gave up a listing to reach out and help a home owner stay in his home by encouraging him to contac the lender which in turned worked out a deal where he could stay in his home. Just needed a little help until he started his new job.

These banks really don't want these homes back and if people really want to remain in the home they be able to find a way. The realtor can also help. Trey really outdid himself on that one. He's a good man.