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Four Things To Know Before Looking At Real Estate

Finding a dream home can be easier than you think, with a little external research.
Finding a dream home can be easier than you think, with a little external research. Photo Credit: Contributed

FAIRFIELD, Conn. -- Buying or renting a home takes a lot of preparation. However, knowing the right questions to ask your realtor can save time and effort while looking for your dream house.

Most real estate agents are often experts in local housing markets, and can highlight the pros and cons of living in different neighborhoods. However, performing your own research and sharing what's important -- from length of commute to proximity of schools -- can go a long way.

Below, Berkshire Hathaway Home Services shares four things buyers should know before looking at real estate.

Know what you can afford. Don’t waste time shopping for real estate before knowing your budget. One easy way to get your bearings is to calculate your income, savings and other financial details into an online home affordability calculator. From there, it's easier to locate a price range that makes sense.

Narrow your search. There's no need to sift through hundreds of properties to find the right one. A good real estate agent will screen properties and make sure you're only looking at the houses that fit your needs.

Know your ideal location. In real estate, location is everything. When thinking about your house, there are many factors to consider. For shoppers with children, the quality of the school district is important, whereas, for career-minded buyers, distance from downtown and an office are key determining factors. These simple questions can help both you and your realtor find the perfect home.

Are you looking for a fixer-upper? Some people prefer a house they can add their own touches to, while others would rather walk into a house that’s perfect for them without having to change a thing. Think about this before your house hunt so you’ll know whether or not you’re willing to put in the effort and money for any necessary updates.

For more information or to find a real estate agent, visit Berkshire Hathaway's website.

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