- Find a realtor that you trust. We all know that realtors can cut prices for you, and can make the home buying experience easier, but finding a realtor that you trust is unquestionably key. Also, keep in mind that realtors make a commission and the seller pays the commission, not the buyer.
- Rember that buying a house means you are signing a contract. Remember that there are standard contracts, but you don’t have to sign the contract, you waive to have inspections done. If the home was built before 1950 then there is a possibility that the home has asbestos. You can also opt for a Radon test if the levels are high in your area. A lead test should be done if you are thinking about getting new windows, or are thinking about demoing the property.
- Think about the big picture. Buying a house is an investment and a long term one at that. When you get married, the laws of your state generally determine how your assets are treated and ultimately how they’re distributed at divorce. The same rules don’t necessarily apply when you’re not married. That means you need to think long term. When you buy a house with your significant other who is not your spouse, make sure you have an exit plan if things don’t go the way you hope. It’s a good idea to have an agreement in place with respect to titling, mortgage payments and liability, repairs, and the like: it’s best to get it in writing (and yes, I’d recommend getting a lawyer).