How to Start the Home Buying Process
Beginning to search for a new home can be challenging and scary. Here are a few steps you can take
early in the process to help you have a wonderful time buying your new property.
If you are a first-time homebuyer or it’s been a while, I’d recommend speaking to a Realtor® in the area you are hoping to move to. They know everything there is to know about the area, what the market is like, and they can help you learn what to expect.
Talk to a lender. Before you go look at homes you need to know what you can realistically afford. Speaking with a lender and knowing what your budget is helps narrow down your search. Realtors® require a pre-qualification letter before showing property and most require one when submitting an offer.
Shop for the right lender. Don’t settle for the first lender you talk to if you don’t feel like they have your best interests in mind. Same goes for your Realtor®. The last thing you want to do is work with someone you don’t trust or feel like they don’t value you or your time. Finding the right team to support you is the most important part of the home buying process.
Make a list of what you are looking for. How many bedrooms? Bathrooms? Large kitchen or large family area? South facing here is very important for passive heating. There are many little details that might get overlooked when listings start coming in for your review. Knowing what you can compromise on and what you cannot is a great head start on the home buying process. Click here for a pre-buying checklist.
Questions or Comments Contact Ruthie Grainger-Starr