Full Potential Real Estate highly recommends conducting research on the neighborhood where you are looking to purchase a real estate property before you make an offer. Keep in mind that this is where you will be living for the coming years and it is important that you ensure you will have a peaceful and comfortable life in the neighborhood.
This becomes even more important if you have children in the household. You want to ensure their safety and consider their needs are met in the neighborhood. Is there appropriate security in the neighborhood? Is it located near parks and other recreational areas? Is there a nearby daycare center where you can leave your smaller kids while you go to work?
Home buying is a huge financial investment that you make and you need to be entirely sure about the house that you are buying and the neighborhood that you are buying in before you sign the contract.
Researching the neighborhood not only entails searching through Google or browsing through the neighborhood’s website, if they have one. There are other simple things that you can do in order to learn more about the neighborhood before you make a real estate purchase.
Real Estate Buying Tips
Strike up a conversation with other homeowners in the neighborhood
Where else can you get first-hand information about the neighborhood than from its residents, right? So, the next time you visit, strike up a conversation with one of the resident homeowners. Introduce yourself and let them know you are planning to buy a home nearby and that you would like to learn about living in the neighborhood.
Inquire about any potential problems or issues that the neighborhood may have. There are lots of things you can ask them about. You can ask about any recent robberies (you can also check this out on your local news station website), garbage collection schedule, the best utilities to use, and even their recommended plumber or handyman to work with. Just remember to not be intrusive when asking your questions. Remember that you are seeking information and asking for their opinion.
Visit multiple times a day and on different days of the week
This is your best chance to get a feel for the neighborhood. This will help you determine whether or not you will feel comfortable and secure living in the neighborhood. Plus, this will help you adjust better and more easily when you move in should you proceed with buying in the neighborhood.
When you visit, the things you are looking for are the activities in the neighborhood at different times of the day and on different days of the week. You want to know when the noisiest part of the day is and when the busiest day of the week is.
Take a peek at the local neighborhood newsletter
You will know from your Myrtle Beach real estate agent whether or not the neighborhood has its own local newsletter. If it does, ask for the most recent copy. You are basically looking at the crime news and statistics in the neighborhood. This is particularly helpful if you have kids in the household. You want to ensure their safety and that they are going to grow up in a peaceful community.
Researching the neighborhood before making a purchase is just part of the process you need to take in order to ensure that you are making the right buying decision. Work with a trained and licensed realty professional to help you obtain all other information that you need to learn more about the property that you are buying and the neighborhood you are buying from.
Buying A Myrtle Beach Home For Sale: The Final Walkthrough
When buying homes for sale in Myrtle Beach, visiting the house once is often not enough for you to sign the contract and seal the deal. Many real estate professionals recommend visiting the house several more times throughout the home-buying process to ensure that you are buying the right house for you and your family. In fact, a lot of the real estate agents you work with will suggest going back to the house at different times of the day and different days of the week. This will allow you to see how the house looks and feels at different times. Also, it will give you a glimpse into the days and times when the neighborhood tends to be busy and noisy is an important factor if have small children. Aside from these, however, Full Potential Real Estate also suggests doing a final walk-through even after everything has been finalized and agreed upon.
Why do a final walk-through when buying Myrtle Beach homes for sale?
A final walk-through is necessary for buyers to ensure that nothing has changed in the house since your last visit. Remember what things you saw on your first visit that prompted you to pursue buying the house. This may include things like the new or recently repaired kitchen and bathroom fixtures or the spacious closet under the stairs. Doing a final walk-through will help ensure that what you saw in the house the first time you visited stays in the house until you move in. Aside from this, you also need to do the final walk-through to ensure that the seller has completed his part of the deal, particularly regarding repairs that you have discussed during the negotiation process. The house might need some minor repairs that the seller has agreed to do before closing and you will need to confirm their completion during the walk-through. The walk-through will also allow you to verify that the terms indicated in your contract have been met. Walk-through’s can be informal where you go through the house one last time checking off items on your list of things to check and confirm. It can also be in a formal setup where you go through the house with the seller or his representative checking each item off your list. Once done, you and the seller or his representative will both sign a contract to indicate the results of the final walk-through.
What you need to know about the final walk-through
The final walk-through is an important aspect of the entire process of buying Myrtle Beach homes for sale. This is often what seals the deal and establishes a stronger relationship between seller and buyer. It helps ensure that both parties are doing their end of the deal. You should know, however, that a walk-through is different from a home inspection. Although you will need to do some checking and inspecting to make sure all the previously agreed repairs have been completed, you will not have to check every single fixture and test every single plug and switch as you go through the entire house. A walk-through often takes a shorter time than an overall home inspection. Plus, you do not need to hire a professional for the walk-through as you can do this on your own or with the assistance of your real estate agent. It is important that you take a copy of the contract with you when doing the final walk-through. This can serve as your list of things to check as you go through the house. Alternatively, you can also make a list of things that you want to check. Here are some ideas on what to include in your list:
- Exterior damage to the home due to strong winds and storms that happened since your last visit.
- Fixtures and furniture that the seller has agreed to leave behind or as part of your purchase.
- Properly working outlets and light switches.
- Plumbing leaks that were not there when you first visited.
- Status of the repairs that the seller has agreed to do.
- Unwanted items or trash inside closets and cabinets.
- Disturbed lawn due to dug-up trees or shrubs in the backyard.
The final walk-through should not take too long. It often takes 1 to 2 hours. Remember that this allows you to ensure that you are getting the house that you paid for.
For professional assistance when buying Myrtle Beach homes for sale, call Full Potential Real Estate today and speak with their representative.
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Full Potential Real Estate, LLC
Myrtle Beach, SC 29577
843-236-0203
http://fullpotentialrealestate.com
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