1. Hire a Realtor
Working with the right Realtor can make buying a home a seamless experience… From recommending the best mortgage lender to notifying you of new listings as soon as they hit the market.
2. Visit your Lender
Find out exactly how much home you can afford. Once you know how much mortgage you can qualify for, you can narrow your search based on price. You also want to have a letter of pre-qualification ready to submit with your offer. Your lender will give you the full picture of what funds you’ll need for closing costs in addition to your down payment.
3. Do your homework
Once you’ve settled on price, next you’ll need to scout neighborhoods and locations. Your Realtor can search for homes by school zone and mapping functions to really pin down the best listings for you to view.
4. Act Quickly
If you see a home that meets your criteria and you’re considering making an offer, don’t wait too long. Homes that are appealing and well priced don’t stay on the market long. You don’t want to regret the one that got away.
5. Make a strong offer
There are some factors, other than the amount you offer, that can make your offer strong. Including a pre-qualification letter or proof of funds if paying cash, a good earnest money deposit and closing date that accommodates the seller’s plans. Once you’ve negotiated to an accepted offer your Realtor will handle the details and guide you to a smooth closing.
Follow these Tips for Success and you’ll be on your way to owning the home of your dreams.