Buying A Home
TIP #1: Get Your Financing In Order
Know how much home you can afford by talking with a lender. These conversations will provide you with the best loan programs, price points and eligibility. Being pre-approved means you can move quickly to make an offer.
TIP #2: Set Your Parameters
Determine your list of wants and needs – a certain number of bedrooms and bathrooms? Location? Features? Max price? Understanding what you’re looking for and setting realistic expectations will help narrow your search.
TIP # 3: Prepare For The Process
Determine your timeline and motivation in buying a new home. And…don’t forget to understand the additional responsibilities that come along with home ownership.
It’s also good to become familiar with closing costs and what to expect through the search process, including your responsibilities and obligations as a buyer.
TIP # 4: Make Your Offer
Once you find the perfect place, it’s time to make an offer. Your realtor can help put this together.
At this time, you should also determine any specific inspections that may be necessary for the property. These may include home, termite, septic system, radon and document inspections – among others. Your realtor can help you determine which inspections are right based on the property you’re considering.
