Have you been thinking about buying your first home and wonder where to start? First, I would like to congratulate you on taking that first step and that is getting serious about home buying. It is important to take time to prepare yourself in every aspect so that you can make your home a blessing, rather than a negative experience. Make sure that you are ready and that the timing feels right for you and not because family and friends are pressuring you into it.
Also, financially, it is important to have your credit cards paid off, an emergency fund saved, and that you have cash set aside for the down payment and closing costs. However, there are loans out there that have little or no down payment particularly for first time home buyers and veterans. A lender will be able to guide you on preparing for the financial aspect, and all the lending options available to you. Shop around as lenders fees can vary. A mortgage broker will have several different loan companies available to find you the best rates, while a small local bank or credit union may have options that can save you money. Your lender will then provide you with a pre-approval letter specifying your maximum loan amount. This is a powerful tool to help you get an accepted offer on the home(s) you choose to make an offer on. Plus, it will not set you up for heartache on looking at homes above your price range.
Lastly, find a good Realtor and one that has your best interests at heart. A good Realtor listens to your wants and needs and can then make recommendations based on your desires and total purchase price.
As a Realtor, I pride myself on providing the ultimate client experience. Here is a testimonial of my service:
“Kari went above and beyond to be there for us through our search and purchase of our home. She was very knowledgeable and gave us her honest and helpful opinions during a somewhat complicated negotiation. She is a warm and welcoming person to deal with in what could have been a stressful time!”Troy and Janette of San Luis Obispo
Thank you to each one of my clients who placed their trust in me. I am grateful for you.
Next week, I will continue to discuss this topic and what happens after you find your Realtor.
Contact me by email if I can be of service at firstname.lastname@example.org.
Have a great rest of your week!
**Please Note: I am a licensed Realtor in San Luis Obispo County, California with Century 21 Hometown Realty. CaDRE License # 01972834. This blog is not intended to solicit anyone who is currently working with a real estate professional. This blog represents my experience, but may not apply to all homes or locations, please check with a real estate professional who is familiar with your specific market before implementing.**