Uncategorized June 20, 2016

4 Things Most First Time Buyers Don’t Think About…..But Should!

If you are getting ready to buy Lynden, WA real estate, you likely have thought about all of the obvious things: Saving up money, cleaning up any credit issues or errors, shopping mortgage rates and getting pre-qualified. While all of those "to do's" are incredibly important, there are a few other things to think about when taking the plunge into home ownership.

1.) Think long-term and re-sale.

This is so important when buying a Lynden home for sale. Instant gratification is a driving force behind purchases both large and small. So when it comes to buying a home, not everyone is thinking future. Since buying a home for sale in Lynden is a huge (and great) investment, you should think long term. Ask yourself these questions: Will you be having kids? Caring for in laws or grandparents? Do you intend to move in a few years? Could this home be an income property at some point? These are all things to consider. If this property for sale in Lynden is a temporary home for you and you want to rent it out, you will need to consider more than just your needs. You will need to think of your target demographic. If you want a family renting the property, you will want to make sure it is in a good school district in a neighborhood that is family friendly. If you are hoping for a retired couple you will likely want something that is one level in a quiet neighborhood. Thinking long term is one of the many facets that come with making a major financial investment.

2.) Do a demographic analysis.

You don't need a marketing or business degree for this either. Chances are, you will want to be around folks that are living a similar lifestyle to you. If you have children, you probably desire a quiet and safe street with other families. If you are single with no plans for a family, you may prefer being close to your office or a great nightlife scene. When choosing a qualified Lynden, WA Realtor, ask them about their knowledge on the local area and which neighborhood they think is best for you based on your lifestyle and activities.

3.) Imagine your stuff in their home.

When searching for a Lynden home for sale you will likely see all different types of properties. Some may be cluttered and filled to the max while others will be staged and look like something out of a TV show on HGTV. You may think you can imagine your belongings in the home but you may not be getting the full picture. If a home is over filled with items, you won't be able to get the full picture space wise. Not to mention, it may be covering something up you don't like. If a home is staged, some things may not be in a realistic location. For example, lamps may be placed in a location doesn't have an outlet. Your furniture may be larger than the staged items taking up more space than you realized. Regardless of the condition of each home, pay attention to the layout and space. Bring measurements of your main furniture items so you get an idea of how much space each item will take up in its desired spot. Just don't let bright paint, ugly carpet or vibrant wall paper deter you if the home for sale in Lynden has all your other needs. Those things can be removed.

4.) Read before you sign the dotted line.

Buying a home for sale in Lynden, WA is likely going to be one of the largest purchases you will make. Understanding the terms of your real estate contract is incredibly crucial. If you have any questions, do not hesitate to ask your Lynden real estate agent or mortgage broker. If they cannot explain it to you, let them go and pick a qualified Lynden Realtor and mortgage broker who can.

For more information on Lynden real estate, give me a call at 360-410-0848. I would love to help you!