Sunday Funday with Open Houses
Posted on July 8, 2012 1 Comment
And so it begins.
We spent this afternoon looking at open houses in the area. Despite my attempts to understand the buying a home process, it’s still quite foggy to me. So while I’m working to get educated on the process, I’ve also been working on understanding the inventory.
Today was quite interesting, as there is an incredibly wide variety of options in the town where we’re looking. Price points range from $200,000 for a single-family home to well over $1 million. Obviously, we have a set price range that is nowhere near the high end; today we looked at homes ranging from $230,000 to $500,000 – some in our price range and some completely outside it. Each house had pros and cons, and since we aren’t serious about buying any of them just yet, we had a nice time learning about why homes are priced the way they are.
The main reason we were out today was to meet real estate agents. We’re looking at such a specific area, we want someone who really knows this town, lives here, and has the inside track on the local market. I don’t mean any disrespect to my friends who have suggested their realtors to us, but we really want a local expert in our neck of the woods. To that end, we met three really great realtors today, one who worked for a local female-owned company, and another two who worked for smaller shops I hadn’t heard of before.
I’m having lunch in the near future with a friend who is an awesome real estate agent so I can ask questions about the process. Once I have a better idea of next steps, I can begin investigating more into the three realtors we liked today and go from there. There’s no rush, since our apartment lease doesn’t end until April 2013; we’re looking at buying something probably within the next three to six months and spending early 2013 rehabbing and/or prepping the home we eventually will own.
Exciting! Feel free to share links to articles that helped you or described your experience.
Category: Money
Tags: Home
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One Response to “Sunday Funday with Open Houses”
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July 9th, 2012 @ 6:10 am
So exciting! We just bought our first place and have been here for about a month!
Keep us updated on the process!