Ignite FB Tracking PixelIs Now the Right Time to Attend an Open House? - Dick Stoner
Is Now the Right Time to Attend an Open House?

by Dick Stoner 03/11/2019

If you plan to buy a home in the near future, there is no harm in attending an open house. However, for those who want to get the most out of an open house, it helps to plan ahead as much as possible.

Now, let's take a look at three tips to help you get ready to attend an open house.

1. Review the Home Listing

Although you may have already reviewed a home listing, it may be a good idea to take a second look at it. That way, you can double-check to ensure that a residence matches your expectations prior to attending an open house.

As you review a home listing, think about your short- and long-term plans too. If you believe a home corresponds with these plans, now may be the right time to check out this residence in-person.

2. Examine Your Homebuying Budget

When it comes to preparing to attend an open house, it may be beneficial to assess your homebuying budget. By doing so, you can ensure a residence falls within your price range.

Oftentimes, it helps to get pre-approved for a mortgage before you launch a home search. If you have a mortgage at your disposal, you'll know exactly how much you can spend on a home. And as a result, you can set up home showings and attend open houses for residences that match your budget.

3. Prepare a List of Questions

An open house provides an opportunity to walk around a residence and decide whether it is right for you. It also enables you to receive comprehensive insights into a home. Thus, you should put together a list of questions to ask during an open house.

Remember, there is no such thing as a "bad" question, especially if you're on the fence about buying a particular home. And if you enter an open house with a list of questions in hand, you'll be better equipped than ever before to determine whether to submit an offer to purchase.

Lastly, as you prepare to pursue your dream home, you may want to hire a real estate agent as well. Because if you have a real estate agent at your side, you can obtain expert guidance throughout the property buying journey.

A real estate agent can help you prepare for any open house, at any time. He or she first will meet with you, discuss your homebuying options and help you map out a homebuying strategy. Next, a real estate agent will set up home showings and keep you informed about open house events for residences in your preferred cities and towns. And if you discover your dream home, a real estate agent will help you craft a competitive offer to purchase.

For those who want to take the guesswork out of buying a home, it helps to work with a real estate agent. Contact a local real estate agent today, and you can receive plenty of assistance as you search for your ideal residence.

About the Author

Author
Dick Stoner

Reist Corporation was incorporated in 1994 to renovate and restore commercial, industrial and residential buildings. Working from a 200+ year old farm in Washington County, MD , we have restored barns, warehouses, and even WWII Army buildings in Central MD. We maintain expertise in zoning and land use issues, and we stay abreast of market conditions and changing market statistics. We welcome the opportunity to work with buyers and tenants who wish to take advantage of current market conditions to lock in long term deals at favorable rates. Those able to sign 5 - 10 year leases in commercial transactions right now, are able to obtain the best rates in over 10 years, and those able to purchase are able to get pre-2005 prices on many types of buildings and land. On residential transactions, we continue to help buyers of bank-owned and short sale properties. We welcome the opportunity to work with you on your challenges, and we pay generous referral fees to agents from other areas who wish to utilize our services on Maryland property transactions

Certifications

Since 2002, I have worked on some of the largest real estate database systems in America. I have introduced online marketplace products to areas that were using residential MLS products for commercial real estate information, and I have worked on the expansion of some of America's largest real estate data systems in some of the largest MSA's in the country. Research is key to many commercial real estate valuation projects, and our firms' knowledge about how these systems work can help you reach the best information about other transactions in your area. We are active in Land Preservation programs and environmental offsets which can sometimes bring additional revenue that is crucial to making a transaction work. Nutrient offset credits in the Chesapeake Bay Watershed have become a new component in the valuation of active farmland and for many rural properties which involve environmental features like streams, woodlands, pastureland, etc. We've partnered with the experts at Blueline Conservation Incentives, LLC in Northern Virginia on nutrient offset and land preservation programs and together we are part of a team with expertise in all of the Middle Atlantic States as they strive to meet WIP - Watershed Improvement Plans in order to meet the 2017 and 2025 water quality goals that were set by the 2010 Chesapeake Bay Plan. 

Awards

2009 -MD Historical Trust -Award for Project Excellence in the Restoration of Frieda's Cottage at Chestnut Lodge in Rockville, MD