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How To Not Fall for the Wrong Home

 

So you’re looking to buy a home. It is fall, market traffic has slowed with the starting of school, but for you it’s a great time to start shopping. However, not unlike House shopping at any other time of the year, it’s plenty easy to fall for the wrong home. So what should you do?

Well first off you need to get pre-approved. A pre-approval is basically your lender giving you an amount of money he or she can give you for a house. There’s no way for you to have a REALISTIC idea of what you can buy without pre-approval. It would be like trying to buy a TV but not knowing if you have 100 or 1000 dollars.

Once you’ve been pre-approved you’re going to want to start looking at houses. When you’re doing so, you’re going to want to be considering not only your daily activities but your potential activities later in life. Keep in mind that you’ll want to live in this house for a few years before selling it will even be worth it. Consider the flow of the house, how people move around, does that fit with your daily life? If you and your spouse plan on children will the house accommodate them? Are there enough bedrooms? Are there enough bathrooms for the morning rush? Where will your kids put their back packs, and do their homework? These are just a few things to think about. If you’re not sure just  by looking at the house, stay a bit and run around the house even if you look ridiculous. You’re making a huge investment with a house, you should be certain you can comfortably live your life in it.

So let’s say the flow is great but keep in mind you’re not done yet. You also need to look at the basics of the home. By that I mean the basic features of the home. For instance, if you never cook, why have a house with big, decked out kitchen? Why have a large, fancy, delightfully posh dining room if you always eat on the couch? Keep in mind that the wallpaper, appliances and carpet can be easily changed, but the floor plan… Not so much. Make sure you’re not sacrificing or investing for or in something you do not actually need, or ever see you and your family using.

Lastly, never settle. If you ever say, “I guess this one will do.” don’t buy the house. Remember a house is a commitment and a huge investment. Why settle? I wrote another blog called “Why you should just buy the better home”, check it out, it may help.

As always, if you have any questions, stop by or call National Realty Group. We are the One-Stop Solution offering Real Estate Sales and Mortgages. You can also visit our website at NationalRealtyGroup.com.

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About National Realty Group

National Realty Group was founded in October 1991 by Jeff Maas. It started as a two man office but soon grew to a medium sized office. One of the original agents formed a new home development company soon after. Steven Walker Homes is now a large national home builder. Southfork Mortgage Company Corp. was founded in April 1990 by the owner of a large home builder. Jeff Maas stepped in as its Broker in September 1993. With the help of Jeff Evens, Jeff Maas was able to expand the company. In July 1994, the owner of Southfork retired and Jeff Maas and Jeff Evens purchased the company. They continued the growth and soon built it into a multi-million dollar corporation. National Realty Group remained separate until Jeff Maas sold it to Southfork Mortgage in 1996. This allowed the owners to expand National Realty Group while allowing its agents to provide mortgage services to their clients. In 1996, a branch office of Southfork and NRG was opened in San Bernardino. It was later moved to Redlands in the most well-known office in the city. In 1998, they opened an office in Temecula in the Temecula Valley Bank office. The offices were expanded and closed 45 million in real estate and loan transactions in 1998. In 1999, Jeff Maas purchased the company from Jeff Evens becoming sole owner and broker. Shortly after the name was changed to National One Mortgage Corp. The company outgrew its 3000 square foot office in Riversideand moved to a building of approximately 6000 square feet. The growth continued at a spectacular rate. The company grew to over 40 agents within one year. The expansion continued with the addition of 2800 square feet and later adding more space for a combined total of nearly 13,000 square feet. At our peak we had over 125 agents and 12 employees in the Riverside office alone. During the summer of 2003, we opened an office in Temecula at the corner of Rancho California and Margarita. This office was soon bursting at the seams with 42 agents and 3 full time employees. Due to the increased demand for our unique programs, by the public and real estate agents, offices were opened in Corona and Ontario in early 2005. The year saw more amazing growth with offices opening in Moreno Valley, Hemet, Las Vegas and Norco. Rancho Cucamonga and Phoenix opened the first part of 2006. A Murrieta office opened summer of 2007. The economy has not been kind to many real estate and mortgage companies. We have remained strong and successful. Our business model of a One-Stop Shop provides the exact service and convenience the Home-Buying public desires and needs.

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