Tips For Buying a Home in Portland, Oregon

Jan 4, 2019 by admin

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When buying a home in the Portland area, there are a few things to keep in mind before settling on a home or property. For starters, it’s important to get the most bang for your buck in regards to saving money and purchasing real estate. You can do this by shopping around and seeing what comparable homes or properties in the same area or similar areas are selling for. While every home or property is different, you can get a general idea of how much money you should be spending based on this information alone. If you still aren’t sure, don’t chance it. Contact a real estate agent or office in the area and see what they recommend. Chances are, they can point you in the right direction and make the purchasing process a breeze.

Once you’ve contacted an established real estate agent with a proven track record for success, the next order of business to take care of is

the loan process. Unless you have the money in hand to purchase your home or property, you’ll probably end up taking out a home loan. Getting a good loan with a low mortgage is something that first time buyers often worry about, but if this isn’t your first rodeo and you’ve purchased before, you know the process.

After settling on a loan amount, how long you plan on having a mortgage (15-30 years is common), and which real estate agent you’ll be doing business with, it’s time to take one final look at the home or property in question. While the cosmetics of a property or home may be obvious to the naked eye, the mechanics may not be. This is why it’s important to bring in an outside party (perhaps a contractor) to take a look at the home and everything in it, from the plumbing to the electrical work. The last thing you want to do is buy a home thinking it is ready to go and find out later down the road that you have to make replacements or repairs that you weren’t prepared for. This can definitely cripple the average buyer.

Moving on, you’ve met with a real estate agent, scoped out a few properties of interest, and researched various money requirements (picking a loan if needed, shopped around, etc). At this point, it’s time to sit down with your real estate agent of choice in the Portland area and either finish the deal or move on to another property. Your real estate agent should be able to help you finish the home buying process and have you on your way and into your new home. While it can sometimes take anywhere from weeks to months to purchase a home or property, a good real estate agent will make the process both easy and hassle free.

Are you ready to get started? If so, contact the best and most driven real estate agent in the area to purchase your new home. It’ll be one of the best investments you’ll ever make.

– See more at: http://www.armrealestatesolutions.com/tips-for-buying-a-home-in-portland-or/#sthash.srKnK70S.dpuf