If you are going to look at a home without your spouse or whoever it may be that will be moving in with you, bring a camera with you. You want to make sure that the other person is just as interested in the home as you are before setting your heart on it.
Offer a finders fee for anyone who points you in the direction of a property that you end up purchasing. Sometimes a little more than a simple thank you will go a long way. Be sure to spread the word that you are willing to offer a few hundred dollars for a great find. You will be amazed at how quickly and how often people start to tell you about properties that they see. Get as much help as you can, because it will take some of the work off of your shoulders and give others an incentive to be a part of your team.
Do your research before starting the search for a home. Determine what sort of neighborhoods will fit your lifestyle and dreams. Keep in mind that a house is a long term commitment and your needs may change over time. Buying a home in an urban hip downtown may be perfect now, but you may wish you had chosen differently when you have kids so look at your dreams for the future and plan accordingly.
Have an exit strategy. Before you buy any property, you must have at least one exit strategy for getting out of the property should you ever need to. This could be something as simple as placing the property on the market or it could be as complicated as selling the property with owner financing. Regardless of who you talk to, you will quickly learn that the most successful investors are those who know what they are going to do with a property in the case of a bad turn of events before they even decide to buy that property. Take a lesson from the pros! Never buy a property that you cannot get out of quickly and with minimal cost to you.
Homes with big yards are ideal for families, but never sacrifice on the size of the home itself for a larger yard. Your family is eventually going to grow and need the extra room inside. Kids will outgrow their desire for kicking the ball around in the back yard. Extra square footage is essential.
Do not be afraid to ask the seller to include something in the purchase price of the home. It is not uncommon for sellers to include their own furniture or for a developer to add in upgrades. You may not always be successful with your request, but many owners are so motivated to sell their homes that they will at least consider it.
To maximize your chances of getting a wonderful property at an affordable price, consider going house hunting in the fall. Most real estate activity takes place in the spring and summer, so if you wait just a few extra months, you will have fewer competitors and be in a better position to negotiate the price you want.
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Source: http://usafreelistings.com/a-guide-to-buying-real-estate-for-dummies/
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