Buying in a different state can be tricky. Here are a few tips to help make the process easier.
Whether you're buying a home in a different county or a different state, it’s important to know what to expect. Here are the four things you should pay special attention to:
1. Know what your costs are. What’s customary for buyers to pay in the area you’re moving to? It can vary from county to county as well. You need to know what inspections, taxes, and other fees you’ll have to pay.
2. Be aware of local disclosure laws. In some states, sellers are required by law to tell you everything they know that’s wrong with the home. In other “buyer beware” states, the seller doesn’t have to disclose a thing and it’s your responsibility to vet the home via an inspection. This can make a huge difference in the amount of money you set aside for this step.
3. Know the market. You will want to do your research so that you know if you’re buying a home in a buyer’s market or a seller’s market. When trying to decide what offer to write, you'll need to look at this. If homes are selling quickly and over asking price, you don’t want to make a lowball offer. On the other hand, you don’t want to leave money on the table by offering too much.
4. Find the right Realtor. We work with agents from all over the map and we have seen that there are good and bad agents out there. Buying a home is one of the most important purchases of your life, so you want to make sure the agent you hire is trustworthy, knowledgeable, and experienced.
If you have any questions for us or need help finding an agent in any state or county, don’t hesitate to reach out and give me a call or send me an email. I look forward to hearing from you soon.