Finally, some great news for folks who are in the home-shopping game. August 2013 saw the highest peak of home sales since the housing market crashed in 2008. And why not buy a new home now, with median home prices steadily on the rise for nine consecutive months?
Buying a new home requires so much more information than what a simple open house or tour with a real estate agent can provide you. In order to ensure you are making a good investment, you have to look at the big picture: What will your housing situation be like 10 or 20 years from now? To help you answer that question, here are five tips for buying a home in Yuba City:
1. Scope out the scene at different times of day.
You might get a nice, idyllic look at the neighborhood on a sunny afternoon when you take your tour. But come back at night and see what the neighborhood is like after dark. Is there a noisy highway nearby that you did not notice before? What traffic patterns tend to develop around rush hour? These are all important new home buying tips to keep in mind.
2. Make a realistic wish list and stick to it.
Of course, homeowners are going to show off their pools, hot tubs and other luxury items for potential buyers. When you go to sell your home before moving into a new one, those are good tips to increase your homes value. But when you are the buyer, it is important to stay realistic and pragmatic, not idealistic, with your finances. You might want a big backyard, but how much land could you live with?
3. Get the place inspected by a professional.
This is one of the most essential tips for buying a home in Yuba City. A professional inspector knows what problem areas to look for in a potential new home. Getting this estimation up front can save you scores of money in the future by simply alerting you to the issues. Make sure to hire a professional, too, not just Uncle Bob who allegedly knows problems when he sees them.
4. Factor in the inevitable.
Statistics show that you will be paying around $3,000 more on home furnishings and appliances than an identical household that stays put. Make sure you never live beyond your means, and that includes having a safety reserve stored up for home repairs and other unexpected expenses. Whether you are into flipping houses or making a new permanent home for yourself, these tips for buying a home in Yuba City can help you keep your head above water.
5. Consider the future owners.
The real estate market trends might be in your favor now, but how easily will you be able to sell this home in the future? Take a look at its specifics. You might only need two bedrooms, but a three-bedroom home will likely be easier to sell. This is one of the top tips for buying a home in Yuba City you can remember. Links like this.