{"id":2484,"date":"2016-07-07T19:03:34","date_gmt":"2016-07-07T23:03:34","guid":{"rendered":"http:\/\/dankrell.com\/blog\/?p=2484"},"modified":"2018-09-20T06:38:35","modified_gmt":"2018-09-20T10:38:35","slug":"5-home-buyer-life-hacks","status":"publish","type":"post","link":"https:\/\/dankrell.com\/blog\/2016\/07\/07\/5-home-buyer-life-hacks\/","title":{"rendered":"Home buyer life hacks"},"content":{"rendered":"
\"home<\/a>
5 Home Buyer Life Hacks<\/figcaption><\/figure>\n

\u201cLife hacks\u201d have been trending everywhere the last few years, from the internet <\/a>to social media.\u00a0 Life hacks are typically actions or “wisdoms” to make life easier.\u00a0 However, home buyer life hacks are not easy to find.<\/p>\n

The home buying experience<\/a> can be time consuming and stressful.\u00a0 Over time, the home buyer\u2019s responsibilities change.\u00a0 In fact, the home buying experience has drastically changed in the last decade.\u00a0 Consider that mortgage programs and Realtor\u00ae contracts changed and continue to evolve.\u00a0 Which includes the TILA-RESPA Integrated Disclosure (TRID) rule that went into effect last fall, which changed how a transaction settles.\u00a0 Here are a five home buyer life hacks to make the experience straightforward and more enjoyable.<\/p>\n

The first home buyer life hack is to learn about the home buying process<\/a>.\u00a0 Certainly a must for first time home buyers.\u00a0 However, even experienced home buyers may find themselves in strange waters if they\u2019ve not bought or sold a home in the last couple of years.\u00a0 Becoming acquainted with home buying process can help you anticipate and prevent most surprises that can upset the flow of the transaction.<\/p>\n

Home buyer life hack number 2 \u2013 make a budget<\/a>.\u00a0 Creating a budget may take the romance out of the buying process, but will help you with your home search and contract decisions down the road.\u00a0 Consult a professional if necessary.\u00a0 In making your budget, consider your income, debts and other financial obligations, as well as your life style.\u00a0 Make a housing budget that includes mortgage, property taxes, HOA or condo fees (if any), homeowner\u2019s insurance, utilities and maintenance.\u00a0 In creating your budget, also consider future changes to income and home related cost increases.<\/p>\n

Home buyer life hack number 3 \u2013 know what to expect from the housing market<\/a>.\u00a0 Knowing whether the housing market is benefiting the seller or buyer can help decide on a winning home buying strategy.\u00a0 Understanding that a low inventory market may necessitate you and your agent to do a little more leg work to find homes for sale.\u00a0 Know the current housing trends for the neighborhoods you are perusing, so you can prepare for competition and multiple offer scenarios.<\/p>\n

Home buyer life hack number 4 \u2013 hire a professional<\/a>.\u00a0 The process isn\u2019t rocket science, however, you can easily find yourself in over your head if you\u2019re not experienced in buying a home in today\u2019s market.\u00a0 Although some home buyers believe they can get a better deal by not using an agent to help them buy a home, it could end up costing more because of poor negotiating in price, home inspection, and other add-ons.\u00a0 Hiring a buyer agent can also free up time that is necessary to conduct the process.\u00a0 Experts know the market such that they can help you determine the best offer price.\u00a0 They can also package your offer in a way that facilitates the transaction.<\/p>\n

Most home buyers will follow home buyer life hacks 1 through 4.\u00a0 However, they will take for granted that everything they are told is true.\u00a0 Which brings us to home buyer life hack number 5 \u2013 do your due diligence<\/a>.\u00a0 As you can imagine, not everything you are told is true or depicted accurately.\u00a0 \u201cTrust and verify\u201d can help you identify and reduce hidden and obscure risks by verifying the truth.\u00a0 Conduct your due diligence throughout the home buying process; from the veracity of a seller\u2019s statements about their home to vetting the professionals you hire.<\/p>\n

Original published at https:\/\/dankrell.com\/blog\/2016\/07\/07\/5-home-buyer-life-hacks\/<\/p>\n

Copyright \u00a9 Dan Krell<\/p>\n

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<\/a>
\nDisclaimer<\/a>. This article is not intended to provide nor should it be relied upon for legal and financial advice. Readers should not rely solely on the information contained herein, as it does not purport to be comprehensive or render specific advice. Readers should consult with an attorney regarding local real estate laws and customs as they vary by state and jurisdiction. Using this article without permission is a violation of copyright laws.<\/p>\n","protected":false},"excerpt":{"rendered":"

\u201cLife hacks\u201d have been trending everywhere the last few years, from the internet to social media.\u00a0 Life hacks are typically actions or “wisdoms” to make life easier.\u00a0 However, home buyer life hacks are not easy to find. The home buying experience can be time consuming and stressful.\u00a0 Over time, the home buyer\u2019s responsibilities change.\u00a0 In … <\/p>\n

Continue reading “Home buyer life hacks”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[174,270,1012,405,1045,13],"tags":[516,814,1119,490,511,1118,1046,797],"class_list":["post-2484","post","type-post","status-publish","format-standard","hentry","category-first-time-homebuyer","category-home-buyer","category-home-buying","category-homebuyer","category-life-hacks","category-real-estate","tag-buying-a-home","tag-first-time-home-buyer","tag-hack-my-life","tag-home-buyer-2","tag-home-buying-process","tag-life-hack","tag-life-hacks","tag-real-estate"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p1VZLf-E4","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/dankrell.com\/blog\/wp-json\/wp\/v2\/posts\/2484","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dankrell.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dankrell.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dankrell.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dankrell.com\/blog\/wp-json\/wp\/v2\/comments?post=2484"}],"version-history":[{"count":10,"href":"https:\/\/dankrell.com\/blog\/wp-json\/wp\/v2\/posts\/2484\/revisions"}],"predecessor-version":[{"id":3832,"href":"https:\/\/dankrell.com\/blog\/wp-json\/wp\/v2\/posts\/2484\/revisions\/3832"}],"wp:attachment":[{"href":"https:\/\/dankrell.com\/blog\/wp-json\/wp\/v2\/media?parent=2484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dankrell.com\/blog\/wp-json\/wp\/v2\/categories?post=2484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dankrell.com\/blog\/wp-json\/wp\/v2\/tags?post=2484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}