Planning to buy your own house? The principal of caveat emptor still very much applies to house purchases, and therefore, to ensure you don’t end up making a wrong decision or signing a bad deal, we’ve compiled a few key pointers that will assist you during your house buying process.

Not all mortgage lenders are created equal

Mortgage lenders come in all shapes and sizes. The way they work differs, the Lender Incentives in Texas they offer vary, and in some cases their target customers are also different, where one lender may prefer to lend to non-first-time-buyers while another lender may prefer to lend to first-time home buyers only. You need to visit quite a few lenders before you can find the one that best fits your lending needs.

Don’t fall for the superficial

That impressive, large patio could easily send you drooling but remember not to fall for the superficial. You’re making a big ticket purchase and so you need to make sure everything is in good working order. Inspect the house properly. Check every corner. Move everything upside down. Oh, and yes, don’t be afraid to get your nose close to the carpet. Be the tut-tutting husband, be the tut-tutting wife; make note of every detail that annoys you.

Pre-owned homes can have unpaid liabilities

No, the seller won’t always tell you that; this is your responsibility. Hire a title inspection company and run a check to ensure there are no unpaid taxes or leftover liens on the property. If there are any, make sure to ask the seller for a discount when negotiating the final price.

Realtor rebates allow you to buy a property for a lower price

Rebates are basically refunds offered by real estate agents to buyers on commission fee. Using realtor rebate Dallas County TX, home buyers can save 2% or more on their investment. Currently, 40 out of 50 states in the U.S permit realtors to offer rebates to their clients.

Always shop for the present… and the future  

When shopping around for a house, always keep your present and future accommodation needs in mind. This is especially vital if you’re planning to start your family. You’ll have kids, they’ll grow up, they’d want their own rooms, and it’s important your house is big enough to serve you all.

That brings us to the end of our post; we hope you find a really nice house for yourself and your family.

A BONUS read: How Realtor Rebates Work When Buying Property