Finding a Home and Getting Qualified
For most people, buying a home will be the biggest purchase of your life. The home search is exciting, fun, and really thrilling! It can also be incredibly overwhelming and an emotional roller coaster.
That is why it’s important to have a Real Estate Professional by your side, guiding you through the process to protect your interests. Even then, it can still be frustrating. So it’s best to prepare yourself for the ride ahead of time.
With that in mind, here is a little peak at what this journey looks like.
Today is the day you wake up and decide it’s time to buy a house. Awesome! You start searching online looking at homes and just start clicking buttons hoping that someone gets back to you and answers some questions. Don’t do that. Instead, save yourself some time and seek out a qualified Realtor and setup a homebuyer consultation.
If you don’t know any Realtors and don’t know where to look, ask friends for a referral, google top realtors in your area, or really save yourself some time and just call me (570-441-1283). As a home buyer, working with a Realtor DOES NOT COST YOU ANYTHING. We get paid by the seller, not the buyer.
During your consultation you should come prepared with a list of questions, but your Realtor should be able to guide you along. Take this time to build rapport and trust with each other, ask lots of questions, and give your Realtor a good idea of the type of home you’re looking to buy.
If you don’t already have a lender and haven’t already gone through the pre-approval for your mortgage, your Realtor should be able to help point you in the right direction to do so. This is an important next step before you start to physically go and visit properties. You need to know how much you can get approved for, how much you can personally afford, and the type of loan you will be using. All of these things will help you when writing an offer and will have you in position to make an offer quickly if your dream home comes available.
Getting pre-approved will help you save time because you’ll know what types of homes you should be looking at and help you get to closing more quickly. It will help you save money because it will give the seller move confidence in you as a buyer, giving you leverage for negotiating. Perhaps most importantly, it will save you a lot of stress along the way.
Now that you’re pre-approved, you can start shopping!
Check back next week to learn more about searching for homes, negotiating, and writing a contract that protects you!