When purchasing a home, you are faced with a multitude of decisions. Our top priority is to make sure that your home buying experience is pleasant and successful. Once you have determined that you are ready to move forward with the required effort towards your home-purchasing goal, the rewards are unquestionable. Here are some tips to get you started.
Figure Out What You Can Afford: Knowing your budget is the first and most important step in buying a home. Speak to your Mortgage Broker to see what kind
of mortgage you can comfortably take on. In addition to the one time costs in purchasing a home, consider the ongoing monthly costs such as Mortgage Payments, Utilities, Property Taxes, Maintenance, and Home Owner’s Insurance. When you pre-qualify for a mortgage, your lender will look at your income, your debts, down payment and credit history. Pre-qualifying for a mortgage will ensure that you know what price range to be looking in for your new home.
Decide What and Where You Want To Buy: Try to buy a home that meets most of your needs for the next 5 to 10 years, or find a home that can grow and change with your needs. Consider items such as access to public transportation, nearby amenities and shopping, recreational areas, and schools if you have or are planning a family. Determine your “must-haves” from your “would be nice to haves”. Are you moving because you need more space? Less space? What neighborhood is the best fit for your lifestyle?
Build Your Team of Experts: Together, your team of professionals will guide you through all of the steps in preparing yourself and your finances for your home purchase. We are not just people who help you find a house, we are your resource for knowledge, contacts, and advice that turn buying a piece of property into a home. You will need four key people on your side:
Realtor Mortgage Broker Real Estate Lawyer Insurance Agent
See What’s Out There: This step can be both incredibly exciting and overwhelming. With us at your side, you’ll be able to sift through to your dream home much more efficiently. During the search process you can count on us to give you all of the relevant information to assist you in making the most informed decision. You will have plenty of opportunities to ask questions and get familiar with the housing inventory in various neighborhoods.
Make an Offer: Congratulations! Your house hunting efforts have paid off. Now that you have found a home, it is time to make a successful offer.