If you’re dreaming of buying a home for the first and aren’t sure where to start, here’s a handy list to help you out. Be sure to reach out if you have any questions.
1) Save: Save for a down payment, closing costs, and escrow for insurance and taxes. The bank likes to see that you have reserves on hand.
2) Improve Credit Score: Make sure to stay current on your bills, make no major purchases, don’t cancel any credit cards. A higher credit score means a lower interest rate!
3) Calculate what you can afford: Look for a mortgage calculator online, or give me a call and I can let you know what you can afford!
4) Get Mortgage Pre-approval: Even if you aren’t planning to buy. This can help you figure out how much you need to save and what your price will be. I have some great lenders you can choose from, and I am here if you need any advice. If you run into credit issues, my lenders will advise you on what you need to do and how long it will take to get you ready to buy. The right house will not come along until you are ready.
5) Decide: Make a list of what you need in a home and a list of what you want in a home. Your price range will dictate how many things on your list we can find. Just remember, your first house is a commitment but it is probably not your last house. We will try to help you get as much as we can on your list for the best price.
6) Choose a Realtor– Looking for a realtor? You have come to the right place! I have the experience, patience, and knowledge you have been searching for. I’m a busy agent but I am not to busy to help you find your first home.
7) Look at Houses online- Most people do this anyway before calling a Realtor. 90% of buyers do in fact and usually months before they buy. It’s a good idea for you to learn the market so you’ll know what to expect before we go look at houses.
8) Drive By Homes– If you are making a move in the town you already live in, drive buy homes to see if they match up to their online photographs. You’ll learn the area and get a better pictures of where you’d like to live.
9) Contact Beth: When you are ready to start touring homes, I’ll be glad to show them to you. I just need two things. A pre-qualification letter from your lender and a sense of humor. Finding your first home should be fun. It’s also stressful but I’ll be with you every step of the way.