The topics we will cover are:
Talk to a Mortgage Advisor
Be Ready to Move
Find a Trusted Real Estate Professional
Make a Good Offer
Factor in Maintenance and Repairs into Your Buying Budget
Think Ahead
First Talk to a Mortgage Advisor
Many first-time home buyers as well as seasoned buyers don’t take the time to get pre-qualified. 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.
Be Ready to Move
This is especially true in markets with 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.
Find a Trusted Real Estate Professional
It’s absolutely vital 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. A professional real estate agent can help you secure a Mortgage Advisor and fine tune your search for the perfect home. Work with your agent to develop your home and neighborhood wish list. 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.
Make a Good Offer
Remember that sometimes your offer is very unlikely to be the only one on the table. Do what you can to ensure it’s appealing to a seller. You real estate professional is there to prepare a Comparative Market Analysis for you so that your offer will be strong.
Factor Maintenance and Repair Costs into Your Buying Budget
Even brand new homes will require some work. Don’t leave yourself short and let your home deteriorate. Your real estate agent will can help by setting up a home inspection before the purchase so that you will be prepared for future maintenance issues as they arise.
Think Ahead
It’s easy to get wrapped up in your present needs, but you should also think about reselling the home before you buy. The average first-time buyer expects to stay in a home for around 7 to 10 years according to the National Association of Realtors Profile on Home Buyer s and Seller.
I hope you will consider using Coldwell Banker for the purchase of your home. I’ll be waiting for your call. I’m Dawn Rajda and you can reach me at 602-326-4678. Thank you for your time.