Question: Where can you find a good house buyers guide? Answer: At your very fingertips. Before the advent of the Internet’s World Wide Web, specialized real estate magazines and the yellow pages of the telephone directory were handy tools for house buyers. Even now that the internet is more popular, you can still refer to those because they are not yet extinct and they are even more relevant to your needs, especially for information from those local publications that could direct you to what properties are up for sale and the corresponding terms for each one that are locally available from which you could choose.
If you are computer savvy, Internet technology is, of course, an even handier tool for you through which you could find a good house buyers guide. There are search engines that could open informative Websites featuring simply written house buyers guides for you. Some websites even make the effort of featuring the different local government-imposed real estate laws and taxes distinctively in effect in every state, and you can narrow down your surfing to just those things that concern you. Knowing how to surf and using the Web search engines effectively could save you not only on legwork and precious time, but also on your time online.
From wherever source you have available to you or which you prefer to use, a good house buyers guide should give you all the information you need — but for it to be a truly effective tool, you should first make a comprehensive list of your questions. First in your list for consideration should be how much could you afford. After defining how much you have set aside for a down payment, work on your net income. Make a clear-cut list of your income and expenses; do not forget to include the taxes you pay annually, and the self-imposed ten percent savings in the bank for contingent expenses. Look out for owner financing schemes that may be available to you, too.
Get the bottom line figure and that would spell to you what you actually have and could spend for this major project. This figure will tell you what kind of a house you could afford to buy, so you would not go overboard and buy something that is utterly beautiful and tasteful but also utterly out of your reach. This figure will define your lifestyle during the amortization period and until the deal is sealed (fully paid).
This financial consideration, among others in your long list of questions, will be answered for you by a good house buyers guide. It will give you a more realistic view of the project that will help you in your decision-making.