The best way to make sure you choose the right home is to properly prepare yourself. The purchase of a home is a tremendous investment, both monetarily and emotionally. The purpose of this page is to provide you with some tips to help your transaction progress smoothly and result in you being a happy homeowner.
Your home is likely to represent one of the largest investments in your life. In order to make sure the transaction goes smoothly, it is of vital importance that you choose the right agent to represent your interests. The right agent will be someone whose experience and personality makes you comfortable. You should try to find an agent that is familiar and knowledgeable about the area you plan on moving to.
Do you already know how much home you can afford? There is nothing more frustrating than looking for a home, finding the perfect home, then discovering it is out of your price range. Speak with a lender to learn about the different financing options available to you. When you find the right lender, get the paperwork processed so you will be ready to buy once you find your perfect home.
In order to determine the amount of home you can afford a lender will use your debt-to-income ratio to determine the percentage of your pre-tax income you spend on debt. Your debt ratio will include: monthly housing costs, car payments, credit cards, student loans, and any other installment debt. If you take on more debt before buying a home it will have an impact on the amount of the loan that the lender will finance.
In order to make an educated decision you need to know what is available and how much it is going for. You can browse all the active listings from our website. Once you have found some homes that you are interested in, save those searches and sign up for property notifications so that new listings will be emailed to you. The best homes move fast. Make sure you're on top of the available inventory at all times so you do not miss out.
The last thing you want to discover after you have bought a home is that you have purchased a 'money pit'. A 'money pit' is something we say is a home full of defects which will end up costing you a lot of money. Save yourself from future litigation by bringing in a licensed home inspector before you buy. If any problems are found, the report will help you make an informed decision or negotiate a better price.
When you save a search on our site, any new homes matching your wish list criteria will be delivered straight to your inbox the moment they go up for sale.
Before you start searching for your next home, it is a good idea to meet with a trusted Loan Officer to get pre-approved for a loan. During this time, the lender will gather information about the income, assets and debts of the borrower (you) to determine how much house you may be able to afford. When reaching out to a Loan Officer, you should be prepared to provide a recent credit report, W-2 forms, pay stubs, Federal Tax Returns and recent bank statements. Keep in mind that there are a variety of different loan programs, so be sure to get pre-qualified for the programs that best suit your needs.
When buying a home, start by making a wish list and setting a budget. We can help you choose a lender to get you pre-approved for a loan, and then you're ready to start house hunting. Search for your dream home from any device on our website. You can even compare walk scores, school ratings, and neighborhood demographics for different listings.Start Searching