Talk to mortgage brokers.
Many first-time home buyers don’t take the time to get prequalified or preapproved which is even better. Sharon Quataert Realty has a list of trusted loan officers that we can rely on and we’d be happy to make a connection for you. 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 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. If you have done your homework, it really is okay to buy the first home you see if it matches all your criteria.
Make a good offer.
Many are under the impression that they need to come in low on purpose so they have room to negotiate. The best offer is a fair offer and Sharon Quataert Realty will make sure yours makes sense. Do what you can to ensure the offer is appealing to the seller because your offer may not be the only one.
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. A home inspection will allow you to get a sense of when repairs might be needed. All homes need repairs sooner or later.
It’s easy to get wrapped up in your present needs, but you should also think about reselling the home before you buy. At Sharon Quataert Realty, our goal is to get you the best home in the least amount of money that can sell quickly should the need arise.
Develop your home/neighborhood wish list.
Prioritize these items from most important to least. (Be sure to check out our Find Your Dream Home Guide). Select where you want to live. 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.
At Sharon Quataert Realty, we are the source of the source and will provide you with the information/reports you need to make informed decisions. Contact us today!
Some content in this post has been provided by: http://realtormag.realtor.org/