Buying a home can be rather stressful, but if you follow these easy tips the process will be smooth.
Take care of your finances
To get a full picture of your credit, obtain copies of your credit report and find out if everything is in order. Make sure that all the facts in your credit history are correct and fix the problems if you find any. Your next step is to find a suitable lender and get pre-approved for a loan. We can recommend a great lender if needed. This step will help give you a better opportunity to close faster and submit stronger offers with shorter closing times.
Find a house you can really afford
A simple rule of thumb is: the price of the house should be no more than two-and-a-half times of your annual salary. However, other then the price there are also many other aspects you should consider. For example: property taxes, energy costs, HOA costs etc. Using online tools and calculators can help you understand how much you can afford by calculating your income and expenses.
Hire a pro
Although, you can find information on the internet, the buying process is always complicated and requires a high level of knowledge. Instead of doing it alone, we are here to help with the whole process. A good buyer agent can help you with effective strategies during the bidding process.
Do some research on real estate market
Get to know what type of market you are in. Each neighborhood has a different price point and supply and demand. As experienced realtors, we will do a full market analysis and give you detailed data on every aspect of the homes you are interested in.