If you’re looking for a house for sale in Flower Mound, TX, you probably have some general ideas about house hunting and house buying. You know about researching school districts and getting pre-approved for a home loan but there are things to keep in mind before and during the process that most of the home-buying shows on television don’t tell you. Before you ever get into your car to look at a house for sale in Flower Mound, TX, think about how yourfinancial pictureis going to look to potential mortgage lenders. Don’t make any major purchases or commitments in the months leading up to your house hunt. Keep your income to debt ratio balanced to show lenders that you’re a good risk.
Don’twait too long to buy a home because you’re trying to time the housing market. When it’s time for you to buy a home, you should buy a home you can afford without worrying about the cycles in the housing markets and fluctuating interest rates. If your interest rate when you buy is a little higher, you can always refinance later. When you’ve found a home you like, stalk the neighborhood. Don’t just look at the house at the time of day or day of the week the seller wants you to. Drive by on weekends and at night to get a more accurate picture of what the neighborhood is like. Figure out how far away it is from schools, grocery stores and work.
Stay within your price range. It’s best not to look at any home above your maximum price just because you think you may be able to bargain the seller down. You could end up with more house than you can afford. Look at more than one house and try not to fall in love with any one house based on anything other than a complete picture of price, value, location and layout. Just because the seller has upgraded the kitchen or put a treehouse in the backyard or painted every room your favorite color doesn’t mean you should let emotions alone decide which house to buy.
Offering less than the seller is asking for a home is acceptable as long as you don’t insult the seller with your offer. Your realtor can advise you about comparable houses in the area and if the house you want is in line with prices for those homes, you can bid realistically. A bid that’s too low could make your seller walk away from negotiations. If your mortgage company doesn’t demand one, hire a home inspector yourself to find any potential big-ticket problems the home may have. And once you buy your home, have a survey done on the property to head off any border disputes with your neighbors.
When you’re ready to start your search for a house for sale in Flower Mound, TX, call us at Sean May Homes in Flower Mound at 972-457-3002. We know the Flower Mound housing market and we’ll guide you to the best homes in the area and make the home-buying process as painless as possible. Visit www.seanmayhomes.com to begin your home search.
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