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Home buying Tips for Women

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By : Sonia Smith    99 or more times read
Nowadays, buying a home takes considerable confidence in both the market and your own financial standing, most particularly on women buyers. Many single women buyers are now taking bold steps with nobody on their side.

For the past few years, women comprise twenty-one percent of home purchases compared to single men who only comprise about ten percent, based on the National Association of Realtors. Women homebuyers share certain concern and characteristics that set them apart from men buyers. The following are tips for women homebuyers to be able to make the right home purchase transaction:

  1. Make sure that you are going to work with a real estate agent that is detail oriented. Women buyers are more organized when it comes to expressing their wants and needs. The entire process can be done faster and simpler if the agent or broker will be able to present homes in accordance tot eh vision of women about a home.

  2. Find an agent that you feel will really listen to what you need. Find out if he or she has excellent listening skills for the transaction to be completed smoothly and quickly.

  3. In general, female homebuyers think more on the security and privacy of a home and the neighborhood as well. Single women are most particular about these things. Make sure that the agent will be able to address questions on safety honestly and intelligently and will be able to provide access on the crime rates in the place.

  4. Buying a home is done with long and short-term goals. In the market today, you should be able to have a strategy to make the most out of your real estate investment. Think of your plans carefully to be able to strengthen your financial security. You could plan on making upgrades and changes in your home to increase home value. An agent can usually provide you with insights on these options.

  5. Make sure that the home meets your long-term needs. In the present real estate market, the best investment return will be for buyers who want to keep their homes from three to five years. Make sure your home will be able to meet your needs now and later.

  6. Do not stretch your budget too far. While mortgage lenders could approve borrowers who have good credit and other good factors for a home mortgage, when combined with your regularly occurring debts, this could take up one-third of your gross pay or even more. Avoid borrowing an amount of loan that a lender will approve if this will be difficult to meet later on.

  7. When choosing a home, consider an attached garage that has an indoor entry points. It would be safer for you to raise and lower your door with a remote control. Make sure that you can access your home inside your garage than walking to your front door after stepping out of your car, particularly when you come home at night.

  8. Check out home fences. While good fences could make good neighbors, this could act as deterrent to crime than those without fences. Furthermore, if the home has fenced-in backyard, you can have a dog to act as your companion and provide you a sense of security.

Look for homes in Arizona Real Estate Guide, San Diego Community Guide and San Diego Community Blog.

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