Buying A Home with Insight Residential Realty
Buying a home is an exciting and complex adventure. It can also be a very time-consuming and costly one if you’re not familiar with all aspects of the process, and don’t have all the best information and resources at hand. One of our specialties is representing the best interests of Raleigh area buyers throughout the home buying process. Our comprehensive, high-quality services can save you time and money, as well as make the experience more enjoyable and less stressful.
If you’re like most people, buying a home is the biggest investment you will ever make. So, whether you’re buying a starter home, your dream home or an investment property, why not take advantage of my experience as a local market expert for Wake and its Surrounding Counties to make the most informed decisions you can, every step of the way?
Consider this for a moment. When searching for a home you have several factors you need to consider before even starting your search. Some of this may seem rather obvious but it is important to get off on the right foot.
You need to know what you can afford. If you are considering a mortgage you need to talk with a reputable knowledgeable loan officer who can help you determine a price point that is within your budget and something, you feel comfortable with. When folks search online mortgage calculators don’t factor in taxes and escrows required by lenders to establish the loan. You need to know what it is going to cost to “close the loan”, how much money you will need at closing.
Next you need to consider where you are in your life buying cycle. If it is a first home, you can focus on something that will meet your needs for the next 5 to 8 yrs. If it is your first move up the additional space, you are trying to move to and location. Once you have bought a couple of homes you learn the drill. You need to search for homes within a 5% range of your upper limit and within $25000 below what you can afford. Example you can afford $100000 home search homes around that price. Looking at homes in the $125000 range won’t work. Unless the seller is distressed no one will be selling you a market priced home for a 25% discount in this lifetime. Remember the seller has established their price on market comps and conditions and in most cases on the advice of a realtor, so it’s best to be realistic.
Location Seems obvious but think about what time you want to spend in your car commuting to work, school, shopping and alike. What type of amenities you want to be close to? If you are a relocation buyer, you really need to study the entire area before you focus on a particular location. You must do some homework. Don’t search by price alone narrow your target area. When price alone is the determining factor, you may find homes all across the county an hour and over 50 miles apart.
Once you have determined these items search in that location for the home in the price point that best meets your criteria at the affordable budget you have established. If you can’t find what you are looking for then expand the search area slowly…. think of throwing a pebble into a pond and how the rings expand. Small in the beginning then bigger as they ripple away.
Engage with your Realtor early, hopefully you choose an Insight Residential Realty agent. We can save you time and energy with our thorough knowledge of the area. Share with us what you’re looking for, what your budget is, and we can tell you where you will likely find it. We go into several hundred homes a year across all price points over a 6-county area. We know where all the new construction is and what type of homes are being built in what price points…it’s what we do all day every day. Call us we can help.
How To Get Started
Obligation free Consultation First thing you need to do is contact us here at Insight Residential Realty. Search our team and see if there is someone there you would like to work with. Reach out and we will organize a call or meeting to discuss what it is you are looking for how we can help and how we will find your dream home.
It is important we understand exactly what type of home it is you hope to find so we can help you narrow the options and find the property at a price you are comfortable with in a location you desire. Our agents will help you set up searches in the areas of interest in the price points you are comfortable with. As we are constantly showing homes all across the Triangle, we will be able to make recommendations as to where you can expect to find that home you are looking for.