How has the real estate market changed over the last 10- years?
Technology has changed the playing field. Consumers have more data at their fingertips. We used to rely on Pages on pages in multiple real estate books to locate properties and fax machines. Now with electronic signatures, just a click of a button, we can complete a transaction with a client who is on a cruise on the other side of the world. We show houses on FaceTime now… However, there’s no substitute for seeing a house in person. Buying a house can be a very emotional experience.
What’s your best advice for a Buyer?
Make sure to do your due diligence. You have to weigh all the options, then decide. Make sure you are being represented by a professional who is knowledgeable about the area you’re interested in and who understands your needs, and who is looking out for your own BEST interests.
Tips on Purchasing a Home.
Potential home buyers who are looking into purchasing a home know exactly what they are looking for. You want something a cut above the rest, something you can enjoy and show off. You can’t just stumble into finding one. There is a science in knowing what to look for. Here are a few tips to keep in mind.
Do Your Homework
You don’t want to go blindly into your home search. Instead, spend some time researching before you even meet your real estate agent. Think about your price range and the type of house that you are looking for. Then, spend some time researching agents and checking out their websites. Their sites usually have pictures of homes they are currently representing. See if any of them impress you.
Take Your Time
Unless you fall absolutely in love with a home, don’t feel any pressure to rush the home buying process. This is a significant investment, and it should not be taken lightly. You never want to settle for a home only to have buyer’s remorse soon after signing the paperwork. Once you have narrowed down your selection to a couple of houses, do your homework on those properties with a careful eye on potential construction that could hamper the privacy or the views that your new home may offer in the future.
Don’t Rely on Photos
No matter how busy you think you may be, always make it a point to see any potential homes in person rather than relying on photos. Photos can be touched up and taken at angles that can make the house look better and bigger than it might look in person. Another good idea is searching the property on Google Earth, so you can see what’s around the home before visiting.
Home Inspections
Find a thorough and highly reviewed home inspector that specializes in homes to ensure that everything is up-to-date.
Think About Resale Value
Sure, you might be in love with your potential home but that doesn’t mean that you will want to stay in it for the rest of your life, so consider a home that brings with it a solid resale value. Consider this: while you might like the gothic architectural features or elaborate ornamentations in a potential home, it doesn’t mean a future buyer will feel the same. Resale is something to keep in mind no matter how much you love the house.
If you are looking for a home in the Palm Beach Gardens, North Palm Beach or Jupiter area, consider the resources provided by Fabian McCullon ( The Bormac Team). We are all about building relationships and ensuring that finding your dream house is an easy and enjoyable experience. Please contact us by calling 561-262-3565 with any questions you may have!