Have you ever heard the expression “start off on the right foot?” It’s about having immediate success or taking the course of action that will lead to positive outcomes right from the very start. When you’ve decided it’s time to buy your first home, you certainly want to get started on the path this way. After all, these are some pretty big, long term commitments being made.
Aside from just making the decision that you want to buy a home, you’re going to need to have some things in place to make the process a smooth one. In this blog, we’re offering 3 tips that we feel will make all the difference in getting you on a path to owning your own home with ease.
Tip #1: Have “The Talk”
It can be easy with all of the excitement and clamor of house shopping going on to lose track of what’s most important and practical for your situation. Before you seriously start to look for your first home, you need to sit down for a serious talk with your partner, family or even with yourself and make a list of your finances, your wishes and the “extras” you’d be willing to do without if needed. Consider things such as the neighborhood or market you’ll be looking in, and tracking how those homes sell (above or below asking prices) so you’re not left shocked when your time comes to start seriously bidding.
Tip #2: Get Your Finances in Order
Most new home buyers just starting out on their journey don’t realize how important it is to get preapproved before you can be taken seriously by a seller. There are sometimes multiple people considering a property and having that preapproval will reassure the seller that you’re serious and have the funds needed to make the purchase. Without it, you’re really only browsing. But getting preapproved isn’t as easy as requesting the document from a lender. They’ll need to do things like credit checks, calculate your debt-to-income ratio and even check your work history.
Tip #3: Find an Agent You Trust
Real estate agents play a very critical role in the home buying and selling processes. These professionals have acquired skills and knowledge on the rules and bargaining chips to use to make sure sellers and buyers end up with something they feel confident in for the long run. Since this experience will likely be an intense one, it’s important to choose a real estate agent you can trust and who has your best intentions in mind. Use word-of-mouth referrals from friends and family who have already worked with an agent and have had a great experience or take the time to interview and shop around for a good match. What was beneficial one person’s journey, may not match your needs. You want to choose someone with rapport who knows their way around the jargon and who can help make the process and enjoyable one for all involved.
The Lauren Sells Team is dedicated to exceptional service and focuses on meeting your goals whether buying or selling a home. We understand this is a very personal and emotional time and strive to deliver top-notch customer service for a lasting and trusting relationship. Contact us today!