Are you ready to buy a home this year?
The new year often brings with it new predictions. Many home buyers wonder whether or not the housing market will go up or down. With the recent increase in mortgage rates at the end of 2016 many home buyers are considering if now might be the best time to buy a house. You can still lock in relatively low rates but there is some uncertainty about how long until they go up again.
Bankrate.com just posted “10 Mortgage Tips For 2017” with lots of helpful information for home buyers. You can learn more about how to get the best deals in home financing by considering different loan programs and not overspending on a loan or going too low on a down payment.
When buying a home it is important to know as much as you can to get the best deal. Many people spend a significant amount of time shopping for lenders, investigating loan programs, and watching the latest mortgage rates, but there is more to investigate before closing on a contract. One of the most important is the actual condition of the home. What if that dream house you found in the perfect neighborhood has hidden problems? A failing roof or cracked foundation might add up to tens of thousands of dollars.
The best way to protect your investment is to learn as much as you can about a house. Before you complete the closing have a detailed home inspection by a qualified inspector. This can help you to negotiate a fair price or move on before you make a big mistake. If you are considering buying a house in 2017 contact me to learn more about how I can help you.