Wilson Property Management

single-family home for rent

5 Tips For Finding The Perfect Home

Here at Wilson Property Management, we understand the hassle of finding your dream home. We know the process requires a lot of time and effort. Which is why we have made of list of 5 tips for finding your perfect home.

1. Research

First and foremost, before buying a home, you want to do some research. Deciding where you will settle down with your family is a big step. So choosing which neighborhood and community you will be joining is key. Your commute to work is also another factor for where you will live. Schools if you have children, and various other amenities you want are important to keep in mind. Once you have found a decent area to live, it’s time to browse which houses are available and their asking prices. Monitoring these prices constantly can help you get a good idea of the housing market in the area.

2. Budget

Now that you have researched the specific area in which you want to live, it’s important to figure out your budget. Making sure that you can be approved for a home loan before you go home shopping. After you are sure you will be approved for said loan, it is time to figure out what your price range is based on that loan.

3. Consider Remodeling

Various homes that you look at will not be in the best condition. However, you can think about the home’s potential. Let’s say you enjoy the layout of the home, but don’t particularly enjoy the carpet in the home. Replacing it with hardwood flooring can turn any home into your dream home. If you’re not too thrilled about the basic kitchen inside the home you’re looking at, you can remodel it to your liking. There are many things you can fix up in your home without having to break the bank. Such as lighting fixtures or painting your home.

4. Home Inspection

A home inspector will look at everything in a home and give you a non-bias opinion.They will check both the interior and exterior of the home. Also, the inspector will be sure to check if there is any structural damage to the home that needs repair or replacement. Once the inspection is complete, both you and the seller will receive a report from the inspector. After this, you can decide if you want to ask the seller to fix anything on the property before closing the sale.

Another key aspect to keep in mind is the appraisal of the home (preferably independent) in order to estimate the home’s value. Making sure that you are paying a fair price for the home.

5. Close The Sale

There is a lot of paperwork that is involved with buying a home. Your lender will arrange for a title company to handle the paperwork. After all the paperwork is complete, including your loan documents, it will take a few days to process the loan. Once the check is delivered to the seller, you are ready to move into your new house.

How Can We Help?

If you need more advice or have any further questions regarding buying a home in Raleigh, NC, feel free to Contact Us. Established in 1989, Wilson Property Management, Inc. (WPM) is a full service management company offering both homeowner association and rental management.