Preparing to Buy A Home
Mortgage Brokers
Many first-time home buyers don’t take the time to get prequalified. They also often don’t take the time to shop around to find the best mortgage for their particular situation. It’s important to ask plenty of questions and make sure you understand the home loan process completely.
Ready to Move
This is especially true in markets with a low inventory of homes for sale. It’s very common for home buyers to miss out on the first home they wish to purchase because they don’t act quickly enough. By the time they’ve made their decision, they may find that someone else has already purchased the house.
Trusted Partner
It’s absolutely that you find a real estate professional who understands your goals and who is ready and able to guide you through the home buying process. With over 30 years of selling real estate, I have the knowledge and experience of the coastal resort communities and new construction homes, and keep the line of communication open throughout the entire buying process. Learn more…
Make Offer
Remember that your offer is very likely to be the only one on the table. Do what you can to ensure it’s appealing to a seller.
Repair Costs
Even brand-new homes will require some work. Don’t leave yourself short and let your home deteriorate.
Think Ahead
It’s easy to get wrapped up in your present needs, but you should also think about reselling your home before you buy. The average first-time buyer expects to stay in a home for around 10 years, according to the National Association of REALTORS 2013 Profile of Home Buyers and Sellers.
Wish List
Prioritize these items from most important to least.
Select Location
Compile a list of three or four neighborhoods you’d like to live in, taking into account nearby schools, recreational facilities, area expansion plans, and safety.
Source: National Association of REALTORS, REALTOR Magazine.