big beautiful home

Top 10 Things To Consider Before Buying A Home This Fall

Tips To Keep In My When Buying A Home

Nobody knows the ups and downs of buying a home better than JOE SOTO. He has a lot of experience helping buyers avoid common mistakes when buying a home. He will help the buyer understand everything they need to know before buying a property. Knowledge is key to getting the house you want, and Joe knows how to help! Contact us at (630) 391-0264 or visit my page to learn more!

10 Things To Consider When Buying a Home This Fall

The fall is a great time to buy a home. You’ll find more listings and usually less competition from other buyers. If you’re looking to buy in the next few months, here are ten things to consider:

1. Think Long Term

If you’re planning on staying in your home for five years or more, it makes sense to buy now. The longer you stay in the house, the higher your return on investment will be. In fact, according to, if you buy a $200,000 home today and sell it in five years at 4%, your profit would be $40,000. But if you wait ten years and sell at 4%, your profit would be only $11,000 — about half as much!

2. Pay Attention To Interest Rates

If interest rates rise, it’ll become more expensive for lenders to make loans — which means it’ll cost more for buyers like you and me, too (fewer people can afford homeownership!). Right now, the interest rates for mortgages are around 5%. But this could change in the future. You might want to delay buying until rates drop again — or, if you’re already in the market, try to lock in a low rate now.

3. Get Pre-Approved For A Loan

If you’re not sure how much house you can afford, get pre-approved for a loan before you start shopping around. It will help you determine how much you can afford to spend on a house. You don’t want to get attached to a property that is too expensive for you. Getting pre-approved is quick and easy — most lenders can do it within 48 hours.

4. Look Beyond The Surface

Are houses cheaper in the fall? When looking at other homes, don’t focus on details like paint color or carpet. You can change these things easily and cheaply. Instead, focus on more important features like the layout, square footage, and location. Pay attention to things that can’t be easily changed or fixed, like a small kitchen or a dated bathroom.

5. Know Your Must-Haves (And Nice-To-Haves)

Before you start looking at homes, make a list of your “must-haves” and “nice-to-haves.” It will help you narrow your search and focus on properties that are a good fit for you and your family. For example, suppose you need a home with four bedrooms and a two-car garage. In that case, you can eliminate listings that don’t meet those criteria.

6. Compare Homes

Comparing similar properties is important to get a real sense of value when looking at homes. It means looking at comparable homes in size, age, and location. Otherwise, you might mistakenly think one home is a better deal than it is.

residential home with blue sky
Beautiful Home in the Neighborhood

7. Have A Realistic Idea Of Your Budget

Many costs come with owning a home. You must pay your mortgage, property taxes, insurance, and repairs. Make sure you have a realistic budget before looking at homes so you don’t overspend.

8. Consider The Future

When buying a home, it’s important to consider your future needs and wants. If you plan on having a family in the next few years, you will need to ensure the home you buy has enough space. It is because families need a lot of room. Another thing to think about is if you are planning on retiring soon. If so, you might want to look for a home that does not require much maintenance or repairs.

9. Don’t Forget About The Neighborhood

The home itself is important, but don’t forget about the neighborhood! When looking at homes, pay attention to the crime rate, schools, and public transportation. Also, take some time to walk around the neighborhood and get a feel for the area. You want to make sure it’s somewhere you’ll be happy living in for the long term.

10. Work With A Real Estate Agent

A real estate agent is a good idea if you’re unsure where to start or want help throughout the process. A good agent will answer your questions, advise you, and help you find the right home for you and your family.

joe soto and client holding a giant key from buying a home
Buying A Home with Joe Soto (Real Estate Agent)

Is it better to buy a used or new home? Buying your home in the fall is a big decision. You need to think about what you want and what you need. It would be best if you also found the right place for you and your family. Happy house hunting!

People often think about buying a home in the fall. These are big decisions that take time to think about. We talked to a realtor, JOE SOTO, to learn about buying and selling. Joe is an expert on this topic and can help us make the right choices. Before purchasing a home, it is important to think about what is important to you. It will help you have a good experience, whether you are a first-time buyer or have bought homes. Contact me at (630) 391-0264 to learn more!

Frequently Asked Questions

Here are the things you should think about when buying a house. 

  • Where the house is located
  • What is the size of the lot 
  • Number of bedrooms
  • Number of bathrooms
  • Your kitchen design plan
  • The age and appearance. 
  • The cost of your investment
  • Not Beginning The Approval Process Soon Enough. 
  • You are looking at only one mortgage rate quote. 
  • Not working with a real estate agent. 
  • You are buying more houses than you can afford. 
  • Not checking your credit report. Not having a home inspection.
  • The house should be open and have good airflow.
  • The interiors should be made so that they are easy to use.
  • You should use good quality materials to build something.
  • The ceiling should be between 10 and 12 feet high.
  • Getting just one rate quote. 
  • They are not checking your credit report and fixing mistakes. 
  • Putting down too little money as a down payment. 
  • Not looking for help for first-time home buyers. Loan programs from the VA, USDA, and FHA.