Must know your neighborhood before all dealing.
Small issue that arise inside of your transaction and you may need assistance from the seller.
Beware the Seller makes no concessions and will not compromise in common sense and fair way.
Trust you opinion and feeling about the buying process, the property, and the people you are working with
Seek counsel from qualified real estate professionals; evaluate advice carefully. Take any opinion with a grain of salt;
everyone has his or her own agenda. We all (people and
professionals - ideally of the same species) make mistakes and can miss details; it is crucial that you ask all and any questions that you have no matter how small or stupid you may think the question may be. Do not be afraid to point out details that you think someone in your employ may have missed and ask about him or her. Remember that the professionals are still (hopefully) learning too.
Obtain pre sanction financing whenever possible;
you'll probably save a fortune. Shop for Rates.
Think of the long term, short term, and big and little "picture"
Visualize failure (not getting the property you want or getting it and then finding out that its a just not going to work)
for worst-case scenario exploration, and then create your success.
Talk with the neighbors, take your time, and work with people around whom you're comfortable.
Have fun and expect the unexpected. Moreover Consider (your) resources, population growth, local, regional, and global trends.
Be prepared to take risks. Remember: you are only in control of yourself - or not - and there are many conditions and Circumstances in the buying process completely out of your control; accept these and sleep better.
Create and maintain good will
Ask lot of questions.
Choose your service providers carefully.
Find all the boundaries and corner markers of your property, crawl around under the house, move stuff away from the wall,
notice details; open door window cupboard, attic, cabinet and look inside carefully. Turn on every switch, check every
electrical outlet. Specify in writing what personal property is included with your purchase and make sure that it's there
before you close your transaction.
Purchase Home Insurance, even if it is not mandatory.
Examine all documents very carefully and be sure that language cannot be interpreted to your disadvantage.
Do what you agree to do; act according to the terms of your contract. Similarly, pay very close attention to what people say and even close attention to the written word; fortunately or unfortunately in the state of California spoken words do not hold water when it comes to real estate transactions.
LISTEN LISTEN.... Pay close attention to all of what you hear... Actually, pay close attention to all of your sensory input
from property, people papers and Stay on the ball; remember your goals.
Be prepared to walk away from any transaction and move on the next (and probably better) opportunity.
Avoid hostility. There is absolutely no reason for you or anyone to accept rudeness or abuse. You want to do business in a positive environment; negative and hostile clients are often litigious (meaning they will sue you if they can) and will bring you more grief than anyone deserves.
Ask for references. And Work to obtain and bind insurance coverage on your prospective purchase as soon as possible.
Be patient- and firm.
Celebrate your successes.
When you buy a property that has tenants that need to move out before you move in, make sure that your contract calls for the tenants' possession of the property to be terminated before the seller gets paid and your transaction closes.
professionals.. Does the property smell good? What is that sound? What are those pipes sticking out of the ground? Why is it always windy here? Verify what? Trust me? Trust yourself.