Open House Tips for Potential Home Buyers

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You've decided to spread your wings and build yourself a new nest -- but finding the right piece of real estate takes a lot of work. It all begins at the open house, where you can kick the tires of your potential pad and get a feel for the neighborhood. If you're in the market for a new house or condo, here are some tips for how to handle the open house circuit.

Think Big

It's natural to spend time most of your time in a potential home analyzing the details. How old is the stove? Are the laundry machines energy efficient? Will your furniture fit in the master suite? But don't get so caught up in the fine print that you forget to assess the bigger issues. Take a walk around the neighborhood and make sure you like the feel of it. Are the speed limits too high? Is there a band playing in the garage next door? Talk to the neighbors and map the distance to important amenities.

Ask Lots of Questions

A good listing agent should be prepared to answer any manner of questions you have about the home and neighborhood. Find out how long the property has been on the market and ask why the seller is leaving the home. Ask the selling agent if they have other offers, how stable prices have been in the neighborhood, and about the types of updates that have been made to the home. You may also want to inquire about the typical utility costs, which can make or break a monthly budget. While the seller's agent will be prone to offer a positive spin on the property, they are also legally required to give honest answers -- so ask away!

Being a potential home buyer is a time full of promise and potential. Ask your selling agent lots of questions and consider more than the aesthetics of the house -- some of the biggest deal breakers involve plumbing, wiring and foundation issues. With a list of questions in hand and some insight from the neighbors, you'll have all the information you need to make the right decision.

If you are searching for a new home, contact Carolyn Akins today at (615) 504-2447.

Joe Crosby