Irene Szeglin – Five Important Tips For Home Buyers

Irene Szeglin, with her exceptional background in real estate, can help people find just the home they’re looking for.  She is an agent at Mark DeLuca Realtors and has a strong reputation for getting results.  But the home buying process will go much smoother if you’re prepared before you begin your search.  Before home buyers begin searching for a new home, Irene Szeglin wants them to know these five important tips.

Firstly, Irene Szeglin strongly recommends that buyers ask their lender to provide them with a home mortgage pre-approval.  An offer to purchase Totowa New Jersey real estate should ideally have as few contingencies as possible.  If your offer is conditional on whether or not you can get financing, it can easily kill a deal.  Cautious sellers might want to accept a competitor’s bid for less money, instead of taking the risk that you might not get a loan.  Having a pre-approval letter in your possession sends a message to a seller that you’re a serious buyer.

Irene Szeglin warns home buyers that it’s very important to know when it’s time to give up.  If you forgo reason and allow your emotions to control you, then you could easily spend more money than you intended.  This might occur when you find a home you’re absolutely in love with, and you start to fantasize about living there.  You can also be tempted to pay too much when a bidding war sets off your competitive streak.  In this scenario you might get carried away and buy the house without thinking through whether you really want it or not.  A savvy agent with negotiating skills from Mark DeLuca Realtors can help you avoid making this mistake.

Remember to budget enough money so that you’ll be able to pay for your closing costs without an undue financial strain.  So now you have your down payment ready for buying Totowa New Jersey real estate.  Be prepared for the fact that there is usually a list of additional expenses you need to pay at closing.  The exact expenses you can expect will depend on any laws affecting the area you’re buying in, and the lender you’ve chosen.  At closing you’ll need to come up with enough cash to pay somewhere between 2 and 6 percent of the full loan amount.  This is why you should ask your mortgage lender for a realistic list of the additional loan-related expenses you’ll have.  For a list of other possible expenses, Irene Szeglin will give you an idea of what you can expect.

Irene Szeglin strongly recommends that buyers try to coordinate when they’ll take possession of their new home with their actual moving date.  Try to avoid needing to leave your current home before you can move into the home you’re purchasing.  Otherwise, the only choice you have is to pay for a rental home temporarily or bunk with friends or relatives.  Buying Totowa New Jersey real estate should go as smoothly as possible, and moving even once is enough for most people.

Last but not least, you always want to tie your offer to purchase to a satisfactory home inspection.  You don’t want to find out too late on the first cold day of the winter season that your furnace isn’t working.  Mark DeLuca Realtors works with several respected home inspectors that they can recommend.  If defects are found, get an estimate of the cost and require that the seller has any repairs done before going through with the sale.  Alternatively, you can subtract what you estimate the cost will be from the final sale price.  Important issues like this are just one among many that Irene Szeglin will help you negotiate during the home buying process.