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September 29, 2012

The Ultimate House Hunting Guide – II

by terresteinbeck RODEO REALTY

Easy does it. Sure that L.A. home you’re itching to buy is packed with plenty of wow. But wow can turn to woe if you don’t lay some solid groundwork before you pounce on a property.  Some of these preparatory steps were lovingly covered in the introductory article of this series. Those of you who read it can feel more confident. You’re now standing on firmer ground. Those who didn’t still have plenty of time to dive in. Ignore this wisdom at your own peril.

OK. If you have the initial batch of info under your belt, you’re ready to graduate to a new level of learning. Here is the next set of guidelines to devour.

Pre Approval.  Speculation about home affordability is a game you’ll likely lose. Banks have a mountain of criteria to determine how much credit they’ll send your way. You really want to know how much home you can afford? Then ask your friendly lending institution to pre-qualify you before embarking on a house hunt.  Unless you have a unquenchable yearning for last-minute surprises.

For the Record. Memory, like guesswork, can prove a very imperfect thing — especially when your mind is crammed with info about the million and one homes you’ve explored in the span of one week. It’s far more reliable to take notes and let your laptop, mobile device, or pad of paper keep track.

Comfort Counts.  Clothes make the home shopper. And they can make the home shopper very uncomfortable if they’re the wrong ones. Word to the wise: Wear comfortable clothes and shoes. You could be in the thick of house hunting action for a long stretch. Tired, aching feet and an overheated body do little to improve the experience.

If you’d like more info about launching a house hunt, feel free to reach out to me.  Or just fire your questions or comments into the box below. There’s always a vacancy.

And, of course, if you want to be connected to the latest info and opportunities in the Beverly Hills real estate market, I’m ready to make it happen.  Call or email today.

Back soon.

Terre Steinbeck

(310) 666-4094  DIRECT

(310) 724-7100   OFFICE

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