The National Association of Realtors tells us that 90% of home buyers begin their search for a home on the Internet. And why wouldn’t they? The Internet is an incredibly valuable research tool that most of us have at our fingertips. There is a ton of information available, but having a lot of information is a double-edged sword. Having access to a lot of information lets you make an informed decision, but it can also be overwhelming. To make things a little bit easier, we’re going to share some tips for how to search for property on the Internet.
There are a number of popular websites that will let you search for homes online. Some of the most popular ones are realtor.com, zillo.com, trulia.com, homefinder.com, and redfin. A lot of these sites have the same information and a lot of them even look almost identical. For example, you can go to the homepage for realtor.com, zillow.com, or trulia.com and they all have a search box where you can enter a state, city or a specific address to look for information.
Although many of the popular sites have a lot of the same information, some sites do have information that the other sites don’t. So one thing you could do is to conduct a similar search on a number of different websites. You may get a lot of the same information, but you may also uncover a few gems that are not available on some of the other sites.
Of course, before you start searching through the databases these websites provide, there are some other things you should take care of. Take some time to figure out your budget so you know how much you can afford to pay every month. In addition to your mortgage payments, you’ll have things like homeowners insurance, property taxes, utilities and other expenses.
Once you have a budget and you know how much you can afford to spend, it’s also a good idea to get preapproved for a loan. When you know how much a lender is willing to give you, you’ll know what price range you should look at when you start house hunting. It’s still a good idea to carefully consider your budget before talking to a lender though because it’s possible for a lender to loan you more money than you can comfortably afford to pay back.
After doing your homework with regards to how much you can afford to spend and how much money a lender is willing to give you, there are a number of other considerations. Research the neighborhood you might like to live in. How far away is it from your job? Are there good schools in the area? Are there restaurants, movie theaters, and entertainment in the area? Think about the things that are important to you and make sure those things are available in the neighborhood you decide to look at.
Even though 90% of buyers begin their search for a home online, most of them use the services of a real estate professional when it’s time to actually start touring homes. A real estate agent will be able to get you inside the homes so you can have a look before making an offer and they will be able to guide you through the entire process from start to finish. A good real estate agent is worth their weight in gold.
If you’re looking for property in the East Providence Rhode Island area, take a look at mateusrealtyeastprovidence.com. The other websites mentioned above have nationwide databases, but if you already know the area you’d like to live in, you may be able to get a more complete picture of what’s available by searching a website that specializes in a particular area.