FIRST TIME HOME BUYER GUIDE
First time? No worries, I’ve got you covered.
TAKE A LOOK
1. take a look
This is the time to get in your car and actually start driving through all the areas you think you want to be in. Pay attention to the details — they can tell you a lot about the lifestyle of each area.
2. why buy
There are a lot of pros to owning a home — but it isn’t always the right decision for everyone. This is time to get real about why you want to own a home. If it’s not the right time you may want to consider renting in the area you love.
The Pre-Approval process will determine how much money a bank is willing to lend you to purchase a home. But you need to pay attention and monitor your actual spending habits so you have a good idea of what payment you can really spend each month.
4. consult a lender
It may feel pre-mature, but your lender is going to be your gateway to owning a home. While a Realtor® can help you find a house — your lender will help you buy a house. The finance industry is complex and ever-changing and there are more menu options for financing a home than possibilities at Starbucks and every tweak can offer a different outcome. You also don’t want to start truly house hunting without a pre-approval letter from your lender because many sellers won’t accept an offer to purchase without one.
The Pre-Approval process determines
what you can afford
what kind of down payment you need
How your credit score affects lending options.
5. HIRE A REALTOR®
Obviously, at this point I’ve already dazzled you with my business skills and personality so now it’s time to make it official and sign an exclusive buyers agency agreement so I can begin securing your new home for you.