You’ve saved, skipped expensive vacations, brought lunch to work and skipped on the coffee clashes with co-workers and you’ve finally saved enough to purchase your own home so time to find kansas city homes for sale! Congratulations and now the search is on! Finding a skilled and seasoned Realtor is one of the first steps to gaining the perfect piece of real estate. Friends, family and co-workers generally have recommendations or picking up the local real estate magazines which are free to the general public can also be a great way to enlist with an experienced realtor. With modern technology one can also perform a search online and go directly on to a realtor’s website and start a search right away!
Preparing to purchase the perfect property can be made much easier by getting a pre-approval on a home mortgage loan prior to enlisting with a realtor. This can be advantageous for the potential buyer as this reflects a serious buyer and also one that is very attractive for the seller. This also gives the buyer a figure on what he can afford to spend when looking at properties of interest. Qualifying for a home mortgage will depend on many factors such as how good his credit may be along with his debt ratio. Most lenders want to see no debt or with a credit rating of seven hundred and above. There are three major credit agencies that this can be retrieved from. All three of these agencies will send along a free credit report once a year if requested.
There are many factors to look for when purchasing any piece of real estate. One of the most important would be the foundation of the property. As this is where the property is built on it is vital that the foundation be sound and solid without cracks. Secondly, plumbing is very expensive to fix if there are major issues involved with the property. Lastly, roofing is also another major expense and can run into the thousands of dollars if it is in need of repair. Cosmetic issues like painting, carpets, fixtures or windows can all be repaired as the need arises and can be written in as part of the agreement as part of the negotiating terms.
Once the buyer has extended an offer and the seller has accepted his offer, a professional and licensed house inspector can be contracted out to perform his duties. This is a highly recommended procedure as he will climb under the property to check for damages, inspect all the electrical parts as well as check on all the necessary features of the home to ensure that everything is working and up to code. He will provide detailed pictures of items that need to be fixed as well as how the foundation has held up. This can be presented to the buyer’s realtor and inserted into the contract with a desired timeframe to fix these repairs prior to the new owner’s occupancy.