Aspects and Issues that Home Buyers Need to Address Upfront

Finding a home that suits all our preferences while is offered at a great price can be a challenging job. But many a time first-time home buyers ignore the essential aspects and jump into buying a home based on the curb appeal, which is completely an unwelcoming decision.

Usually it has been observed that first-time home buyers jump directly into buying a home as they find it extremely appealing to their eyes. However, top real estate agents suggest that the buyers should be vigilant enough before making any final decision. Are you also planning to buy a home for the first time? Looking for potential homes for sale in Wheaton MD? There are three primary issues you should address upfront that are offering price, condition of the home and location of the home.

Offering Price

To handle the deal tactfully and smartly home buyers should base their offer on the nearby comparable sales and not on what the other sellers ask for their homes. Generally, home buyers compare prices of similar homes in the neighborhood before finalizing on a price. But they should realize that the asking price varies with the actual home value or the price a buyer should offer. What experts advise here is not to focus on previous sales completely, instead use the information as a guideline for specific purpose.

Condition of the Home

Make sure to take help of a home inspector to find out the flaws or repairs needed to be made within the home you are intending to buy. It will help you to know the structural issues or deferred maintenance that the home has in advance and hence you can negotiate the offering price accordingly. Ask the estimates for the repairs to the seller instead of assuming the potential costs. As far as condition of the home is concerned check the roof first as it is one of the most essential parts of a home that offers safety to the residents. Hence, if any flaws found the seller needs to repair it before closing.

Other aspects of home condition scrutiny include the foundation, plumbing system, electrical systems, insulation in the walls and attics and the appliances incorporated within the house. Everything should be in good condition to avoid hassles in future. If not repaired then the cost needs to be adjusted in the offering cost.

Location of the Home

The location of the home has a great impact on the sales price. It is obvious that you will never like to buy a home that is located in a bad location as reselling it will be a daunting task for you. Also, if the locality is not good it won’t be safe for you and your family to reside in. Look for homes for sale in Wheaton MD where the neighborhood is friendly, safe and has proximity to all necessary places like schools, hospitals, shopping centers and likewise. Also, check if the area is free from traffic nuisance and other factors that might affect your life on daily basis.

Author Information:

This article is written by Magnolia Realty, a premier real estate agent in MD and DC. They can help you in finding the best homes for sale in Wheaton MD and nearby areas that are safe for residing.

Author: Aya Netanel

Magnolia Realty is a full-service real estate brokerage servicing Maryland and Washington DC. Our goal is to help home buyers and sellers achieve their real estate goals while keeping as much equity as possible. Our Home Buyer Rebate is the largest Realtor Rebate in both Maryland and Washington DC