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Checklist Before You Buy

By
Real Estate Agent with Golden Spike Realty 5501959-ab00

Finding a home that you can see yourself in for the next five to twenty-five years is a great feeling. Don’t let that feeling cloud your judgment and leave you with unexpected issues after the closing.


Here are a few things to consider before you buy:


1. Hire an expert to do your own home inspections and attend them if possible.


2. Evaluate possible repairs/immediate improvements. Ask the seller to repair them or include the cost into your bidding.


3. Purchase an environmental report.


4. Know all of the vital systems that connect to the house (electrical, sewage, heating, air conditioning, garbage disposal, and water.) Investigate the ins and outs of these systems.


5. Perform an energy audit. Confirm that your budget will match what your new home is going to cost on a monthly basis.


6. Examine potential neighborhoods with a 24 hour perspective. Are there any dogs howling late at night? Again be sure there are no regular surprises.


7. Do multiple practice commutes. One day is not enough time to judge the next 5+ years of driving to work.


8. Consider your furniture, electronics and appliances. Will they fit into the new home or will you need to purchase new home furnishings?


9. Know the local political landscape. Are there any issues you should know about? Make sure you understand how utilities, schools and public services are funded.


10. Research the local area to understand its economics, climate, and variables that will be part of your long-term lifestyle.If you're considering a move, or hear that any family, friends, neighbors or colleagues are, please feel free to contact me.
Posted by

 

Lori Fleming - CRS., GRI., Epro., CDPE

Associate Broker

Golden Spike Realty

2609 N Main Sunset Utah 84015

 

                          "8" Simple Steps to Buying and Selling Utah

          

 

Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

This is a grea checklist and often buyers don't think about checking into all of these things.

Mar 18, 2011 03:40 PM
Melissa Brown
Helen Adams Realty - Charlotte, NC
Realtor - South Charlotte NC Homes for Sale

Lori, this is a great checklist that today's buyers will find very helpful.  I particularly liked #6 - I would add weird traffic patterns to the barking dogs!

Mar 18, 2011 03:46 PM
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Lori,

In our area, school quality drives real estate value. If a buyer has not checked out the schools in the area in which that want to buy, they have missed a significant bench mark in the decision to buy.

Mar 18, 2011 03:52 PM
Lori Fleming
Golden Spike Realty - Ogden, UT
CRS.,GRI.,Epro.,CDPE,SRS,.MRP

John 

That is a great suggestion and you are right schools are big. Something to add to my next checklist presentation!!! 

Mar 18, 2011 04:01 PM
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 #6 is also tops on my list.  

I encourage Buyers to visit the neighborhood after 5:00PM on weekdays, then again on Friday night, and once more on Saturday Afternoon.  

The neighborhood that looks so peaceful and quiet on weekday mornings or early afternoon,  may be crammed with cars after "Quitting Time".  Worse yet, the neighborhood (even in an "Affluent Area") may become Party Central on Friday Night and Saturday.

Mar 18, 2011 04:43 PM
Richard Weeks
Dallas, TX
REALTOR®, Broker

Great advice for buyers.  So many pieces to the real estate puzzle.  Thanks for sharing.

Mar 19, 2011 03:07 AM