: In hot markets, you might be asked for a Best and Final Offer (BAFO) —your absolute highest bid to beat out other buyers. 5. Inspections: The "No Regrets" Step
: Aim to keep your home price under three times your annual income to avoid becoming "house poor". buy a house com
Never skip the home inspection. It’s your chance to see what’s "hiding in the walls". If major issues surface, you can negotiate for repairs or credits before the deal is final. 6. Closing Day and Beyond : In hot markets, you might be asked
Once you sign the papers, the work doesn't stop. Raleigh Realty recommends these immediate "Day 1" tasks: Never skip the home inspection
: Don’t forget to budget for closing costs (usually 2-5% of the price), HOA fees, and homeowner's insurance. 2. Get the Golden Ticket (Pre-Approval)