Focus Your Search
Sit down with your agent and begin to focus your search on the one or two
houses that best meet your needs. You should have notes on each house, an understanding
of the local real estate market and a list of priorities you made out
when you started. It is time to carefully analyze the data and make an
informed decision.
Your real estate agent will be able to help you with this task. The important
things to remember are:
What are the Market Conditions?
Are you in a buyer's market where you can negotiate a better price or is it
a seller's market where you may have to compete with multiple offers? This could
be an important consideration when deciding on which home best suits your needs and
budget.
What are your Priorities?
Which home best matches the list you made earlier? Have your priorities changed?
Of the homes you viewed, are there some that can be easily eliminated by following
your list?
Listing notes
Reconsider the notes you have made. Are there any priorities that you have re-thought
and now might consider changing. Now is the time to consider where you will compromise and
where you will not.
Comps
How do the homes that interest you stack up to other homes in the area?
Most real estate offices can prepare a comparative market analysis for you.
It looks at similar homes in the neighborhood which have sold in the past six
months or are currently for sale, and compares their prices and other
attributes.
Focus!
. . . Next "Find a Home" Topic: Make a Decision
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