Whether you're new to real estate or a seasoned expert, it can never hurt to consult a homebuying guide. While talking to real estate agents is a great starting point, there are other factors and tasks to consider that complement their support.
Here are some of the things to think about as you prepare for your homebuying journey:
Factors to consider before your home search
What should your goal be before you get started? Think of all the homeownership options. What are your reasons for buying a home? Maybe you want to buy a home for investment, personal independence, passive income opportunities or planning for your future.
These are just some reasons potential buyers think about buying a home. Understanding your goals for homeownership will help you make better choices.
The homebuying process
The basic steps in buying a home typically are:
- Search for listings meeting your specific criteria and budget.
- Make an offer on a home.
- Negotiate purchase price if necessary.
- Get a home inspection & appraisal.
- Close on the home (pay all closing costs & complete all necessary paperwork).
Special conditions for first-time homebuyers
There are many forms of financing available to first-time homebuyers, such as those offered by the Federal Housing Administration and the U.S. Department of Veterans Affairs. You may also want to find a real estate agent with deep understanding and experience in helping first-time homebuyers for expert tips and valuable guidance.
How much money should I save before buying a house?
What is your maximum budget for the down payment and mortgage loan? Pre-approval from a mortgage lender is needed for an accurate assessment of your financial situation and gives you a competitive edge as a buyer.
Are you ready to get started on your journey to homeownership? Keep these basics in mind as guidelines for making the best decision and finding your dream home.
About the Author
Nancy Roberts
Nancy Roberts Realty was founded to provide integrity and innovation, honesty and good old-fashioned customer service. Our mission is to provide the most professional real estate services available in Western North Carolina (including Burke, Catawba and Caldwell Counties.) With our expertise and dedication, we will guide you through buying or selling.
Nancy Roberts Realty was founded on integrity, innovation and good old fashioned customer service. We treat you the way we like to be treated with honesty and respect.
We are relationship people, your not just a customer to us but a new friend. We are skilled at matching people with properties - we listen carefully to your needs to find you the perfect property.
Our mission is to provide the most professional real estate services available in Western North Carolina (including Alexander, Burke, Catawba and Caldwell Counties.)
With our expertise and dedication, we will guide you through each step of the buying or selling process, including choosing a lender, home inspector and moving company.
Let us help you find your property today!
