How to Make a More Informed House Buying Decision

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To make a more informed house buying decision, get involved with a Realtor who is knowledgeable about the area, research the registry of deeds to get a history of the property and become familiar with the neighborhood before making an offer. Make smart home buying decisions with information from a Massachusetts Realtor in this free video on real estate.

Part of the Video Series: Real Estate: Buying, Renting & Selling
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Video Transcript

How to make a more informed house buying decision. Obviously the more informed you are the more knowledgeable you are about a house that you are particularly interested in, or an area the more refined your situation is going to be, the more the better the decision that you could make. So, here's some things to do. First off, get involved with a Realtor. They're going to know everything about the entire area, and they're going to be able to let you know everything you need to know about the area. Beyond that, property history is very important. Know about the property history. Know when it's sold, know how much it's sold for, know in the area what the other homes have sold for. If you're working with somebody, a representative, a Realtor, ask them these questions. Make sure that they're telling you this, because they might think you already know, or if you've lived in the area a while, they might think you know more than you already do. So don't be afraid to ask. Take it upon yourself as well to research on line. The Internet is an incredible resource for this. You can really find quite a bit about what you want to find on the Internet. If you go on to the registry of deeds for your particular area, pull out the deeds, find out who owns the place, find out when they bought it, go to the county clerk's office, find out what the property history, and that kind of thing. I would say one of the most important things to do when you're buying a house, to become really informed about the place, go to the house, walk around the neighborhood, go to the house at night, go to the house in the morning, walk around, walk up and down the street, if you meet a neighbor on the street, ask them what the neighborhood is like. You'll be able to find out pretty quickly if it's a place that you might be interested in living. And those are a couple things you can do to make a really good informed decision when you're buying your home.

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