Get a Jump Start on the Homebuying Process
As a real estate agent I work with people in all stages of the homebuying process. It’s my job to walk you through the homebuying process from start to finish. If you are thinking about buying a home in the near future here are a few tips on how you can get a jump start now, before the busy season is in full swing.
Check Your Credit
Take a look at your credit reports and ensure there’s no inaccurate information listed. You should also take a look at your credit score. The lender ultimately set the credit requirements and those requirements may vary. If you are a Veteran and looking to use hard-earned VA home loan benefits, many lenders will require a 620 score.
When you put an offer down on a home, sellers will take you more seriously if the offer is accompanied by a pre-approval letter. It shows that you’ve talked with a lender and they’ve reviewed your finances and credit and determined you will likely qualify for a specific loan amount.
Make a Budget
Some neighborhoods require you to pay homeowners association dues. Homes in flood plains may have an extra flood insurance premium. Determine the overall amount you can afford to pay on a monthly basis for these expenses. From there I can help you find homes to meet your budget.
Save For Expenses
There are expenses inherent in any home purchase. From the home inspection and appraisal to any closing costs you don’t roll into the loan amount, these costs can add up. I’d be happy to help you outline fees you can expect to pay so that you can start saving if you haven’t already.
With a little advance planning, you can eliminate some of the stress involved in the homebuying process.
And if you are ready to buy right now, I’m here for you! Just reach out and we’ll get started with finding you the home of your dreams!