Always ask real estate agents about the length of time they have resided in the area you are considering. For those unfamiliar with the area, advice about the roads or neighbourhood itself will be sparse. You should work with real estate agents who have lived locally for at least a decade.
If you are about to make a real estate investment, have some goals in mind. Determine if your goals are short or long term. If the investment doesn't match the goals you have in place, don't bother with it. Many home property buyers fail to stick to their most important goals, and wind up with a poor investment on their hands.
Prequalification for a mortgage is essential prior to searching for a good home to buy. You will avoid wasting your time and the agent’s time by limiting your search to houses you can afford to buy. Getting a loan might take some time and you want to make sure you will have the money on time for the transaction.
There are things you can negotiate when trying to land a home real estate deal. See if you can get the seller to contribute something to the closing costs or pitch in with another financial incentive. It is considered common practice to request that the seller "buy down" your interest rate. Adding financial incentives to your offer will make the seller more likely to stick to the selling price.