Purchasing a home is a daunting task. Even experienced buyers can make costly mistakes. For this reason, I have compiled a list of the top eight "secrets" to securing the best financing and finding the perfect property:
1.Understand what you NEED
Prior to looking for a home, determine what you need so you don't buy the wrong one.
2.Understand what you WANT
Create a list of your wants, then work out where you can compromise.
3.Understand how much home you can afford
Basically, what you're comfortable with as far as your payment to income ratio goes is how much debt you're carrying at the moment.
Your lender, your significant other consults, and financial experts out there can all be useful. Since I’m a professional real estate advisor, if you'd like to read anything from me, I'd be more than happy to point you in the right direction as far as some good, sound advice goes.
4.Save a bundle when financing
This is a very complicated secret, so talk to your lender or with me about how it will affect things.
5.Be financially prepared
Seek out a motivated lender. Don't just get pre-qualified, get pre-approved. Have the funds on hand immediately.
6.How you evaluate a home will save you thousands of $$$+ heartaches!
This is what I can do, and I can tell you whether the price of that property is actually worth that amount based on the location, the condition, the neighborhood, etc.
7.Save thousands of $$$ writing your offer and negotiating your deal
When buying a home, never tell the seller or their agent why you want to buy or what you like about the home, since they will use that information against you. I can assist you in determining the fair market value for the property.
8.Use a buyer’s representative!
Create a buyer’s representative. The best way to navigate the home-buying process is to work with me who can work on your behalf to obtain the best price.