Five Steps to Fining your Next Home
Buying a home can be a stressful process. If it's your first home or your next, there are so many things to consider before making the big step.
Hire Real Estate Agent
When searching for a real estate agent it's important to hire one who is familiar with the area you plan to move. It may also be a good idea to ask friends and family for recommendations. Before hiring your agent interview them to make sure it's a right fit. If you are purchasing a home in Texas go to the Texas Real Estate Commission website to see if they have ever been disciplined for any violations.
First consideration is your priories. We call this the why you want to purchase a home. Do you need more space, maybe you are down-sizing, need a new location or you may even be tired of renting and want to invest in your future. Knowing the why you want to move is a step in the right direction
The next decision is your budget or how much can you invest in a home. The first step is contacting a Mortgage Professional. Your mortgage professional will be able to advise on the types of loans you may qualify for and the maximum purchase price.
Once we have determined our time line to purchase, hired a Local real estate agent familiar with the area, have been pre-qualified for a home loan and have an idea of the monthly payment we want. Now we need to meet with our real estate agent and discuss the must haves. What are some of the features we want in our new home. Your agent should be able to determine areas that may be of interest to you.
Anyone who has ever been in real estate knows that it's Location, Location Location. By now I am sure you already have an idea of the area you want to live in. Your real estate agent can set up an automated search informing you of what is currently on the market and will notify you when a new home or status changes. This search can also include information such as number of bedrooms, baths, square footage and any must haves.