I remember the days of youth. Living with my parents, not paying rent and not worrying about people yelling at me for being on their property when I thought I wasn’t. Now that I’m older, I live by myself. It took a lot of effort to find a place for me. So I have decided to give you some friendly advice on your first time house hunting.
The Real Estate Industry can be a daunting task to explore so it is better to seek a professional who can help such as an agent and at times a lawyer.
I would personally suggest to not buy a place with bad/ complicated history i.e. disputes, boundary issues (what is yours and what is not), lien foreclosures (when a property has been through many owners and have caused problems one of them could be who owns what percentage of the property, you do not wish to be caught in the middle of that). Basically anything that can make your life difficult in the future.
Location is important as you know but it is also important to have good neighbors. They do not have to be your best friends but at least ones that will not bother you. Keep in mind you also need to be a good neighbor as well.
Is the location close to work? To school? These are questions that need to be answered. And the most important one: can you see yourself in this house for the rest of your life? It may not happen but that is how all home owners think and feel.
Real Estate can also be very confusing. Not only with disputes, has boundary issued, lien foreclosures but also negotiation, leases and other unseen pitfalls. Are you getting the best deal for your life? You do not wish to be ripped off or to be tricked (for lack of a better word) into these unseen pitfalls. One of the best things you can do is to get a lawyer to check through your contract before you sign it. I would suggest The Phoenix Law Team. Lawyers can also do more than check contracts. They can make sure everything runs smoothly and that there are no pitfalls and delays. That is their job, it may cost you a bit more but in the long run it is better than dealing with a random angry cousin’s niece’s sister’ parent that thinks they still owns three percent of the property you are living in. I do not know how that works, like I said Real Estate in complicated.
So first time home hunters go fore into the world of Real Estate with your trusty agent and lawyer and conquer your adored house. Watch out for the unseen and do careful research even if it is just listening (also knock all the walls to check if they are walls and sniff around to check for water damage). I wish you the best and happy hunting.