On average couples look at 14 homes before making an offer.  With an average of an hour to look at each home, that is a minimum of 14 hours invested. If you cannot answer these 5 questions, the number of houses and hours spent can double and even quadruple.

  1. Make a list of the MUST haves, and make sure you both agree on everything listed
  2. Make a list of the MUST NOT haves, and make sure you both agree on everything listed
  3. Agree which party will be responsible for the final decision on the house
  4. Narrow the location down as much as possible, but be realistic and open to other options. Example: I want a 3/2/1 in Historic Kenwood, fully renovated for under 200,000. With the average house in Kenwood selling for $270,000 this is not a realistic neighborhood. However, 10 minutes south in Pasadena Estates is MLS# U7783885 is a beautiful 3/2 fully renovated for $165,000.
  5. Where will the escrow money come from?  Is it already in my bank account? And do I have my pre-approval letter from the bank?

Having the answer to these questions will make the house buying process much more enjoyable.

 

Buying a Home