Now is the time to start looking for a Rehoboth Beach home...mortgage rates are low, and homes are being added to the market daily. If you are looking to buy a new home, you need to be prepared before going out in search of the perfect property. Here are some things that every prepared house hunter should have when they go.
How much do you want to spend? — Calculate the amount you can spend on a monthly mortgage payment. Make sure you take the cost of insurance and taxes into consideration. Then, go to the bank and get yourself pre-approved for a loan. The bank may tell you that you can afford more than you want to spend, so be aware that you restrict your search to what you are comfortable with. If the bank says you can afford more than you want to
Buying a new Rehoboth Beach home is an exciting feeling, and it is so easy to get carried away and fall in love with a home that may not be the best one for you. There will be plenty of time for celebrating after the closing. When you are looking for a new home, here are a few things to focus on.
Foundation and Structural Elements – Ugly paint and bad draperies can be changed very easily and with minimal cost, but when it comes to foundation or structural problems, it may be best to just walk away. Look for evidence of cracks or bulges in the foundation wall. If there has been renovation in the home, ask an inspector to check if any load bearing walls were modified or removed.
Electrical and Plumbing – Many people like to do their own home