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Preparing Yourself for Home Buying

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At the White Picket Fence Home Buying Institute, we know the anxiety that comes with trying to find your dream home as a first time home buyer. Many times, the novice home buyer can leave their fate in the hands of a realtor. Although relators can be helpful in guiding you through the home buying process and sifting through various homes for sale, you shouldn't rely on them completely.

In order to find the home that's right for you, you need to assess the positives and negatives and learn how to draw conclusions from them. A realtor may have a rough idea of what you're looking for, but only you know your dream home. Furthermore, although realtors may seem like they are genuinely concerned with your home buying needs, some are, unfortunately, just concerned with the fat paycheck they get after you buy a home. Many will do anything to get you to that point as quickly as possible. This rush can often leave you feeling like you just got punched by Oscar de la Hoya.So before you drop dead because of a swindling realtor or a lemon of a home, make sure you take these tips into account:

Understand the home buying process to the fullest. Be familiar with the common lingo in real estate. This can help you decipher for yourself what is an attractive deal, what isn't, and what is in your price range.

Have a good idea of what type of home you are looking for, what things do you need in a home, and what things are merely perks. Knowing what you want can help fend against realtors selling you a house that just isn't for you.

Find out what your potential mortgage will look like before you begin looking at houses for sale if you can. Knowing your financials and what you can and can't afford can help deter realtors in pushing a home that you really can't afford. 

Find out your realtor's credentials before you decide to use them as your realtor. You don't want to have someone that is a novice at the real estate game. If you choose to use a friend as a realtor, make sure he or she is a good friend and has your best interests in mind. And if they aren't giving you a break on realtor fees, there's really no reason to use your realtor friend. You'll also want to be careful, as mixing business with pleasure can often lead to sour relationships.

Lastly make sure you take the time to express what type of home you are interested in to your realtor. The more criteria you give them, the better chance you have of having your dream home. And although it may take your realtor longer to find it, it will be time well spent in the long run.

For further information regarding home buying, visit www.wpfnj.com or call 1-877-97-FENCE.
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