Thinking of buying a home? Do these 6 things first.

 

Like most sizeable purchases, buying a home isn’t something to take lightly. It’s advisable to take some time and consider certain factors in order to make the best purchase decision for you.

As a real estate agent, I’m here to help you with this process, from beginning to end, so don’t hesitate to reach out with any questions you may have!

Before you decide to buy a home, we can take care of these 6 things together.

1. Do your homework.

Before you decide to buy a home, do some research. Are you interested in staying in the same area? Would you rather relocate? What type of property (house, condo, townhome, etc.) are you interested in purchasing? Doing a bit of investigation ahead of time will help you figure out what you want and if purchasing a property right now is the right choice for you.

2. Find a good real estate agent.

If you’re feeling ready to invest in a real estate purchase, one of the very first things you should do is find yourself a good agent. We’re here to walk you through the process as well as listen to and assess your needs. We’re experts in the area and in the market and can provide you with helpful information before taking any other steps.

 

3. Get pre-approval.

As any good agent will tell you, it’s a good idea to get preapproved for a mortgage before even starting the home search. This will give us a good idea of what you can realistically afford and will eventually help any offer we make hold more weight.

4. Keep your credit in check.

Once you’ve been preapproved for a home loan, you won’t want to do anything to jeopardize your credit score. Any changes to your financial situation can result in the denial of your loan request. That means no opening new credit cards, racking up debt or even making other large purchases until the real estate transaction is complete.

5. Look into the fine print.

Before signing the dotted line, you’ll want to make sure you understand exactly what you’re getting yourself into. Are there any extra costs that come along with this property purchase, for example HOA fees. Are there any restrictions or regulations in the neighborhood or community you’re interested in? These are all questions I can help you answer.

 

6. Inspect the home.

Another thing we’ll need to do before committing is set up a home inspection. We’ll want to know ahead of time if there is anything that needs fixing, as it will help me negotiate appropriately on your behalf. This will also let us know if there are any deal breakers that you can’t bear to live with.

Like I mentioned earlier, purchasing a home is no easy task, but I’m here to help. Contact me today to get all your questions answered!