Buying a home can be overwhelming. It can often be an emotional journey, but it's still a great purchase to make!
Here is an exciting story. Christine is a hardworking manager in a construction company. Your dream is to have a home of your own. After years of hard work, she decided to make her first investment. It took her years to save enough money to buy her own dream home. For her first home, she wanted everything to be perfect. She sought advice from family and friends. Soon she was ready to take the plunge and become a homeowner. She searched the internet every day for houses to buy. One day she saw a house in a place she liked. It was love at first sight!
In many ways, it was everything she imagined. The house had a small garden, a parking lot and a lot of space behind it. "This is it! My dream home!" she said to herself. She couldn't sleep because she was so excited! She contacted the seller the next morning. The salesman Dave was helpful and accommodating. Dave sent photos of every room in the house. She even called Christine to quickly answer all of her questions. Christine is determined to own the house. So she set a schedule for the trip home for the coming weekend. She couldn't hold back her excitement. Dave greeted Christine in front of the house and greeted her with a big smile. Christine went in and was surprisingly impressed by its beauty. The house has been freshly painted and the furniture has been reinstalled. Everything was perfect! After visiting the house for only a few minutes, Christine wanted to discuss the price. She negotiated and asked for a discount.
Surprisingly, Dave agreed. Christine got a massive discount as it was a rush sale. In addition, Dave gave Christine all the furniture as a bonus. After that, an agreement was made between the two. It took months to process, but Christine was overjoyed when she walked into the house. She had waited for this moment all her life and it felt like a dream would come true.
Tip 1: Be sure to do a home inspection before signing on the dotted line
Christine loved her new home and couldn't wait to decorate it. She planned to rearrange some furniture over the weekend to make room for all of her belongings. When Christine put a heavy bookcase close to a wall, she noticed cracks hiding behind the bookcase. The damage seemed easy to repair, so she thought she could quickly mend it with cement. Christine spent the day moving boxes and other items to prepare for her move, but was shocked to find that she couldn't take a bath before heading home. The drains were blocked. She suspected that the house she had just bought had hidden flaws.
The first impression of her new home was not what she expected. Upon closer inspection, the house had extensive hidden damage. Thanks to the help of the professionals. You worked hard to evaluate everything and resulted in such damage being exposed. Christine sighed, disappointed with the current condition of her new house. This damage includes the sewage systems as well as the secured drains. During the inspection, she was surprised by a crack in some of the walls. They also found a leaky toilet with its unpleasant foul odor. After the examination, Christine found that some windows are old and rusty. She could see that others had mushrooms around them because of their age. And it is not suitable for the living conditions at all.
Christine also tried to use the sink but only found that it was clogged. Christine thought the discount was too good to be true. She tried to contact Dave, but she can no longer reach him. The deal she thought would save her turned out to be a nightmare. The business Christine thought instead had been a catastrophe for her all along. Christine spent a lot of money renovating her dream home. Your move-in schedule was delayed because of all the repairs that needed to be done. It seemed like everything that could go wrong was being done when it was time to move into Christine's dream home. She spent all summer taking care of these repairs before moving in. And that made her realize that there are more things that need fixing.
Buying your first home can be exciting, and some first-time buyers tend to get too excited and miss a lot during the home inspection. Asking for help is a great way to avoid this mistake. Talk to someone who has previously bought real estate. It could be a family member or a friend. Or one of the best ways to do this is to reach out to professionals like in Property Ph. The same goes for buying one Condominium in Pasig. Professionals who handle the process of buying a home make sure that the property is prepared in good condition before it is sold to a homebuyer like Christine. Don't hesitate to ask for help or you may regret your purchase in the future.
Tip 2: Avoid houses in areas prone to natural disasters like earthquakes and floods
It was the rainy season when Christine moved into her new home. On a rainy afternoon, she noticed some leaks coming from above and bubbling out of our ceiling like an open faucet. The rain dripped from above and gathered in an ever-growing puddle on their floor. She could feel the frustration build inside her as she looked around at what needed to be done. Still, she spent too much and didn't leave her bag with enough money for repairs after other repairs.
In addition to the usual home inspection, you should also do some general research about the neighborhood. When choosing a house, pay attention to the course of the flood. You may want to ask your future neighbors if they experience flooding during the rainy season.
Tip 3: Don't let the home you're buying be your first and only tour of the property
Christine made the mistake of overlooking a critical inspection of her new homes. To name a few, they couldn't check for leaks and other problems. Since it was her first time a homebuyer, this is an easily avoidable mistake that many others are known to have made as well. Since Christine has no experience, she has not re-inspected the house she was going to buy. Before signing anything, ask the seller for another opportunity to inspect the house. A second or third glance can help you identify possible dangers and damage to the house. You may also be able to plan for future renovations by visiting the house frequently.
Tip 4: Don't buy a home that is more than 25% over budget
Set a budget and stick with it. The first home you buy may need repairs and renovations. Overspending can result in insufficient funds for necessary repairs and renovations to make the house habitable.