A few tips that can help to guide you as you get ready to jump into the market.
Before you go shopping for a home you need to know how much you can afford. Talk with a mortgage professional about your financial situation and credit history to determine your loan option. A preapproval letter will be asked for when presenting an offer. Be a step ahead and also be familiar with the contract of sale.
Location Location! Many buyers have a school district they want to be in and some just want a certain location. Choosing a home with desirable location and good schools can help with resale in the future. Think resale!
Once you find the right home, an offer is made . Once you have an accepted offer at an agreed upon price, do your due diligence and use your due diligence period to have inspections done. If you are not buying a new home don’t expect a new home.
Lastly, keep in touch with your lender and MOVE Quickly. When your lender asks you for items, and they will, get it ASAP. Time is of the essence in a home purchase. Don’t waste it!