Tips on House Hunting in Indiana

Nice house with for sale signThe real estate market can be confusing.  With some basic knowledge, it can be a little less intimidating.  Following are some tips on house hunting in Indiana that we hope you will find helpful in the home buying process.

  • Before you begin house hunting, talk to a mortgage adviser about getting pre-qualified first.

click here to see if you’re eligible for pre-qualification

  • If you are not planning on staying long term, don’t buy a home that backs or faces a busy road.  Although you may not mind the noise in this location, you could potentially have a hard time reselling the house in the future.
  • When you are trying to make a deal on real estate, do it moderately. Often, people who are too aggressive about trying to make the best possible deal work against their own best interests. Simply state your preferences and then let the Realtor handle the negotiations. This is what they are trained to do!
  • Once you start searching for a home, you need to exercise patience and remain level headed about what may be on the market. It can take a long time to find that property that fits each of your needs.
  • Plan out your questions before you have a chat with an real estate agent.  Any agent should be ready to give you answers to your questions.
  • Prioritize your goals when negotiating your real estate deals. Look at all of the issues involved, and determine your expectations for every one of them. Knowing what you feel strongest about will help you to determine which issues are a personal priority. However, it is likely that you will not get every one of your expectations fulfilled. Remember this and stay flexible on the less important issues.
  • When house hunting, check that there plenty of parking spaces in the area. This is very important if the home you are interested in doesn’t have its own driveway. Without plenty of parking spaces near your home, you may end up with a spot that will have you walking far.
  • When purchasing a house, make sure you have enough room for current and/or future children. Think about the safety of a home and look out for potential hazards to young children like pools or long stairways. A house that was previously owned by a family with children might feature a lot of built-in safety devices.

We hope that you find some of these tips to be helpful.  You can always ask us any other questions you may have by clicking here.




DISCLAIMER: Neither Indiana 203K Mortgages ( nor Luminate Home Loans is affiliated with any government agencies, including the FHA.