About the author  ⁄ Rodger Schmeltzer

You might be a couple looking to settle down, or you could just be looking for a new project to invest in. Whatever your purpose, you’re going to want to make sure you know what you’re getting yourself into when you’re buying a new house. How much do you know about real estate? Are you planning on hiring an agent, or will you be looking around yourself? In either case, you should be wary of a few things first.

Open House

A lot of private sellers and real estate agents will have open houses, special days on which you can visit the house of interest and look around. Often these house tours will be guided, and either the home owner or estate agent will highlight the key features and selling points of the property. This will give you a better idea of what you’ll get and if it’s worth your investment. Use this as an opportunity to ask questions and make clarification about anything that strikes you, as there may be things left unsaid. Go in with a sharp eye and listen to your gut. If the house just doesn’t feel right, it’s probably not what you’re looking for.

Consultations

You don’t have to hire a real estate agent, although doing so may help you find what you’re looking for. At the very least you should consult a property or estate agency for Property Investment Advice, as they will be able to tell you what the housing market is like and point you in the right direction. You might find yourself continuing to work with them, and that will probably be beneficial as they can let you know about important documentation, procedures, and housing loans.

Neighbours

An important resource that prospective buyers miss is the neighbours. Whenever you visit a property or house, you should explore the neightbourhood and speak to as many of the immediate neighbours. After all, you should know who you’ll be living next to if you choose to live there. Talking to the neighbours will give you an idea of whether you’ll fit in with the community, and you can find out what the general environment is like. Find out about nearby schools and medical care as well. You might be buying a nice quiet suburban property, but the area may have a lot of petty crime. A real estate agent is not going to be quick to tell you the negative sides, but the neighbours will be a good source of advice and information.

Compare and Contrast

Make sure you visit a few houses or properties and make note of all the pros and cons. If you can consult an independent professional to help you compare the different sites you visit, you’ll be able to better avoid getting cheated or conned out of more money than you should be paying. When you’re looking at these houses, keep in mind what you plan on doing with it, and let that be the deciding factor. If you’re planning on remodeling anyway, for example, it’s ok to go for the slightly run down house. If you want to start a family, you should probably go for the suburban house with the well known kindergarten.

These few tips be the difference between a dissatisfied customer and a lifetime of happiness.

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If you’re spring cleaning or just doing some home maintenance, you may find that there are plenty of repairs that you’ll come across. Some of them you will be able to handle yourself, but you need to know when to call in the pros. You also need to know when you’re being stingy. Don’t hesitate to repair something that’s heavily damaged because you fear the cost. It may be more dangerous to leave the damaged items as they are. Here are a few more tips for home repair and maintenance.

Mold

Mold is one of the biggest problems most homes face. You may think that scrubbing away the mold and grime in those damp areas is enough. However, especially if the mold seems to reoccur in these spots, it may be that there is a leak inside a wall or ceiling that needs to be tended to. Call a plumber to assess the damage, and find out if more extensive repairs might be required.

Replace or Repair

Before you order brand new product, see if you can find someone to fix weatherboards Melbourne. You might be able to save more if you know when to repair and when to replace. If some window frames have rot, for example, you don’t need to replace them all. The wood can be replaced only where necessary, and treatment can be applied to all wooden areas to prevent further damage. In other cases, however, it may actually be more cost-effective to replace items altogether, like with some appliances. You might as well replace the old obsolete model of refrigerator, for instance.

Safety Hazards

Do a thorough inspection around the house to find any potential hazards that need to be dealt with. If you are unsure of what counts as a safety or environmental hazard, it is best that you contact a building inspector. However, you should generally be on the lookout for fire hazards, loose or expose electrical wiring, and structural damages around the house.

Know when to Do-it-Yourself

Take care that you don’t mess with any of the wiring, plumbing, or any other big jobs. Many of these need proper licensing, and often pose serious dangers. Don’t risk injury to you or your family by trying to repair something you’re unfamiliar with, no matter how accurate those YouTube video instructions are. Basic things like changing light bulbs, replacing a tile, or patching up paint are usually where you should limit your involvement. Don’t let the idea of saving money jeopardize your health and safety or risk damaging the house further.

Preventative Measures

Whatever extent of maintenance you’re performing, it pays to see to some preventative measures. You’ll prevent future damage and minimize costs on repairs. Cover pipes with insulation, especially in preparation for winter, use weatherproof outdoor paint, and apply weathershield protection to your woodwork.

These are just a handful of ways that you can maintain your home and repair household damage. The best way to make sure you are being safe and following correct procedures is to hire the right professionals. It’s not advisable to do any of these repairs yourself.

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One of the main things that you need to know about the real estate industry is that one cannot survive in it alone. Whether you are a team player or not, you will require the assistance of a number of other people in order make profitable income. Among these individuals, the aid of a real estate agent is paramount to the success of your business. Therefore, it is important for you to ensure that you hire the right agent for the job. When hiring an agent, make sure to see whether he or she has the following characteristics.

Tenacity

A real estate agent who is not tenacious will not be able to get you what you want. Remember that consumers will be quite hesitant when buying houses, especially from an unfamiliar seller. It the responsibility of the agent to persuade these individuals to make the purchase. Some buyers will be stubborn about the price or about certain aspects of the house. At such circumstances, the agent must not give up easily. He or she must be able to close the deal one way or another.

Local Knowledge

It can be quite difficult for you to find the right property or suitable customers when you are unaware about your place of living. Local knowledge is an essential qualification for all real estate agents. These individuals must always follow up on property news in order to know where the profitable prospects lie. If the agent has experience in selling homes in the particular area, he or she will have a clear understanding about the requirements of the customers.

Useful Connections

It is imperative for a real estate agent to have a useful network of contacts. When selling a house, you will require the services of various professionals in order to meet the demands of the customers. For instance, you will require the contacts of an inspection company to make sure that the house is clean and hygienic. In the same way, you will require a real estate lawyer or a conveyancer to oversee the conveyance procedure. You must make sure that your agent has such professional contacts.

Honesty

The real estate agent must be both honest with you and the buyer at all times. It does not matter even if it is for your personal gain, the agent must never lie to the buyer about the house or any other details regarding the contract. Deceiving the buyer can not only ruin your reputation, but it can result in legal and financial complications as well. Moreover, it is important for the agent to be true to his or word as well. For instance, if the agent says that the purchase will be closed within a deadline, it must be done within that time period.

Of course, finding an individual with all the above characteristics can be tough. But if you look in the right places, you will definitely be able to find the right one.

 

 

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