Some Dos and Don’ts for home buyers

The prevailing recession has turned the real estate industry into a buyer’s market. The market is flooded with an enormous choice of listed homes, many at prices well below what they are actually worth. Despite this, a first time home buyer should exercise caution and avoid all possible pitfalls. The following are some useful suggestions to keep in mind:

Ensure you have pre-approval for a home mortgage which should be given to you in writing. There’s nothing more dispiriting than a last-minute credit problem that requires resolving.

Approach an experienced real estate agent who has been recommended. Nonetheless check out his references and website. Meet him/her first and satisfy yourself that he/she understands your requirement and meets your needs. If you’re planning to buy a home in the San Jose neighborhood, Dale Warfel is an experienced realtor who knows the area intimately.

Before making an offer, get a comparative market analysis. This is where Dale Warfel with his vast experience can be of help. Dale Warfel will give you a fair estimate with the justification to support his calculation.

Be dispassionate when making a selection. Every home has some disadvantage but never compromise by accepting one with a serious defect.

Ensure you have appropriate contingency clauses built into your preliminary agreement and that the seller consents to a professional inspection.

Get the right advice on buying and selling

Dale Warfel will give you all the professional guidance as a potential home buyer. Do contact him at 408.624.6202 for a quick response. Meanwhile visit his website at www.dalewarfel.com for useful advice to buyers and see some market listings.