Check Out Homes in Person

When viewing a home, be thorough.

  • Test AC & Heating systems, outlets, showers & toilets, and all appliances.
  • Don’t forget to check on warranties.
  • Take notes of repairs or upgrades you’ll have to consider if you decide to buy the home.

Here are 6 common house-hunting priorities:

1. Home Condition

Whether you’re looking for a renovation project or a move-in ready home, be sure to scrutinize the property’s condition. It could affect whether a home will qualify for a mortgage, especially with FHA loans.

2. Square Footage

Whether you need space for your kids to play and grow, or are downsizing to a smaller footprint, make sure the home fits your needs for now—and the future.

3. Flexible Rooms

Keep an eye out for opportunities to create spaces you might need—like a home office, gym, or playroom.

4. Outdoor Space

Think about your lifestyle when you look at outdoor spaces. Whether you love hosting barbecues in the summer, or just need space for your dog to roam, you’ll want to think ahead while home shopping.

5. Neighborhood Traffic, Noise & Feel

Make sure to look at properties you like at different times of day and different days of the week.

That quiet street close to the school at 10 a.m. on Thursday may be quite different at school drop-off and pick-up time. Are those train tracks just outside the backyard still in use? If so, when? Is the house you are considering one of the first in a new neighborhood? If so, are you OK with construction traffic, noise, and possible service disruptions for the foreseeable future?

6. Freeze Rates While You House Hunt

Don’t let interest rates creep up while you’re shopping for a home. With Mr. Cooper, you can freeze your rate for 90 days while you search for a home you love. And, if rates drop during that time, no problem. You’ll have the option to float your rate down, too.

Ready to learn more about Rate Freeze? Call a Mr. Cooper Mortgage Professional now at 833-786-2043.