Purchasing your first home comes with a wellspring of emotions: anticipation, excitement, anxiety – and the list goes on. It’s a bigger commitment than buying a car or signing a lease, and certainly doesn’t come with a thirty-day return policy like those shoes you bought at the mall last week.
At Colony Title, we make it our business to make your home buying process less stressful by searching and insuring the title for your new residence, but we’d like to offer a bit of advice about launching your hunt for the perfect place. Follow these guidelines and enter more confidently into the plethora of potential pads waiting to be made into your home.
Enter the World of Online Shopping: With the convenience of one-click purchasing online, it’s easy to forgo shopping malls and individual retailers for the ease of the internet. Shopping for a home is not any different: be sure to peruse those listings, take those virtual tours, and examine those detailed photographs. This is a quick way for potential home buyers to identify what it is they want most in a property in addition to what neighborhoods are suitable to their lifestyle, wants, and needs. Before you even consult with your realtor, you’ll know what you’re looking for, and be able to communicate those desires with her so that she can effectively help you find your dream house.
Be a Visionary: Many first-time home buyers are quickly put off by personal finishes lingering in the space from the current owner. Don’t get tripped up over someone else’s taste. That heinous avocado green bathroom? It can be painted in a day. The classic kitchen cabinets that seem slightly outdated? Pop off the old hardware and replace it with something more modern. The overstuffed sofa that’s shoved against a wall in the large living room? Imagine your couch replacing it, and scooted forward in the room to create a cozy seating arrangement. Don’t be distracted by the interchangeable details: examine the bones of the house and envision your own touches making it a home.
Go with your Gut: When searching for properties, don’t let indecision get the best of you. Many first-time home buyers tour a house, can envision themselves there, and then hold off just in case there’s something better our there. While attempting to track down that hypothetical alternative place, the one that actually suits you is just sitting around and waiting to be bought up by someone else who knows how to act fast when the moment is right. Be bold. Take the plunge.
Get Title Insurance: In the litany of paperwork you’ll sign when closing on a home, don’t toss title insurance to the wayside. In many cases, a title search reveals a past problem with the title that you’re likely to inherit unwittingly without professional guidance. Maybe a previous owner failed to fully pay his taxes, or didn’t compensate a contractor in full after having construction completed on his land. The title professionals at Colony Title will be sure to resolve any of these issues for you before you close, guaranteeing that you don’t have to deal with any headaches as you’re settling in your new home. Title Insurance is a one-time purchase that insures you against most unforeseen title defects for as long as you own the property. It’s a small investment that could save you thousands in the long run, so don’t opt out of a Title Policy. To meet with an associate from Colony Title and start the title search process, please click here to visit our website and find one of our offices near you.
About Colony Title Associates:
Founded in 1995, Colony Title Group handles in excess of 2000 real estate closings per year in the central Maryland area. The founder Tee Tillman has over 23 years experience in the title and real estate law fields. Colony handles closings for several lenders, including banks, credit unions and mortgage brokers. Colony is the preferred choice for many real estate brokers in the area.