Buying a home in Solihull is the single, most important, and probably most expensive item you will ever purchase in your lifetime. This is a bad time to experience buyer’s remorse after the Solihull home buy. Here are ten steps to ensure that this does not happen to you.
Buyers want to fall in love at first sight with a property. This does not always happen. It is much more important to open your eyes than your heart to the prospects offered by the home or property.
Don’t be afraid of a bargain. Yes, it may seem too good to be true, but sometimes bargains do exist. Use due diligence to make sure the deal is genuine and a good realtor can guide you. If you are new or unfamiliar with the process or homes in the area, acquire the services of a good realtor.
Shop around. Look at several different properties. This will make it easier to spot a genuine bargain because information is key. Build a relationship of mutual trust by sticking to one realtor.
Make your bid stand out from your competitors by bidding or increasing your bids by odd numbers instead of rounding them out. Instead of bidding ten thousand pounds you should bid ten thousand, one hundred pounds for example.
Ask questions. Always clarify the issues before signing on the dotted line. Be clear about what is included in the purchase price. The questions should also extend to your realtor and be clear and upfront about fees and expectations from the start.
Make an impression. It is true you never get a second chance to make a first impression. Stand out from the competition by being prepared. Include in your offer all the pertinent information the seller needs to make a favorable decision. All financial information such as mortgagers or lenders, bank statements showing funds for the deposit, solicitors, early closing date, or flexibility on closing date depending on the needs of the seller.
Be prepared to negotiate. You won’t get a better price or discount unless you ask. Most sellers enter the market expecting to negotiate on price.
Trust your instincts. If you do not feel comfortable at any point in time, walk away; just give it a rest and walk away. Sometimes a break and a fresh perspective is needed, especially if you have been looking forward to a Solihull buy for a long time and you are experiencing frustration.
Make all bids and offers in writing subject to contract. You may make a verbal offer to a seller. However, do not delay in submitting a written offer.
Double check the figures, work with your lender, and on your own to make sure you can truly afford a Solihull buy. Include all the little expenses. Including travelling costs and the cost of moving and settling into your new home. You don’t want to be house poor when you move into your new Solihull home.
To see a list of homes available for sale in Solihull visit Netmovers.
To learn more about Solihull, visit Solihull Borough Council.