Checking Out Open Houses

Becoming a home owner for the first time is a big stepsurveyor, so avoid homes that obviously have a damp
in any one's life. If you are young then you're probablysmell in the basement (or excessive air freshener!)
plied with so much advice from older members of theYou can also ask to you use the bathroom and wash
family that your head is spinning. If you are not a springyour hands - thus surreptitiously checking the flushing
chicken anymore, then everyone thinks you have allsystem and the hot water taps.
the answers - but you don't!It is a very good idea to check the open houses in
The decision is fraught with doubt for a good reason: ityour area before you are ready to buy. This will give
is probably the single most expensive thing you haveyou more confidence for when you are ready. There
bought in your life. No-one wants to waste theirare many question that you can ask the real estate
money!Checking out open houses is one way toagent who is showing the house.
familiarize yourself with the real estate market.For instance you can ask about the neighborhood and
In order to feel you are making a good investment youthe larger area. Ask for the pros and cons so that you
need to start studying the property market of the areacan hear both sides. Find out the average street price.
you plan to buy in. Read the local ads in theAsk about the defects of the house! Remember the
newspaper both by realty companies and the onesperson showing the house may not always be the
that are 'sale by owner'. If you are on a low budget,listing realtor, but you can ask if this is the case.
and notice a consistently cheaper area, drive over andGet used to asking if there has already been any
check it out. Also check it out at night-time.offers on the house. If so why were they rejected,
Often when we are planning to buy our first home, wewas it because the price was too low, or was it the
have lofty ideals that the bank do not seem so keenconditions of the agreement? Ask if the seller has any
to back up! You may have to fore-go the secondconditions attached to the sale (i.e. they may want 4
bathroom or the laundry room or a deck,to buy amonths to completion).
house within your price range. But, once you have yourGive a careful look at the outside of the house near
foot on the property market, you can work towardsthe ground, check for water leakages. Are the gutters
'moving up' the property ladder, instead of struggling tospilling over - this may indicate how well the house is
keep your down payment up with it.looked after.
If the house needs a coat of paint or if the exterior isDoes it have any noise issues? Is it near a railway line,
very plain, try to visualize it with a porch that you cana shooting range, or a club that turns out late at night?
add, or with shutters or painted an exotic color.Do not feel embarrassed to ask questions. Once you
There are some flaws which you do not want tohave checked out a few open houses, you will feel
consider, and these run into the structural, electrical andmore comfortable about this and also more
water problems. A surveyor will spot these for you.knowledgeable about what type of house feels right
However it is more financial outlay for you to hire afor you.