Our homes are potentially the most important investment for our financial future and wellbeing. They hold our warmest memories and provide us with a sanctuary. When it comes to purchasing a new home, you want to be sure it’s a suitable fit for you and your family - in all aspects! I know it can be a daunting task to make such a large purchase, so below are a few helpful steps that will lead you to find the perfect home:
Get organized: The buying process will go over smoothly if you have your paperwork in order. Most importantly, know your credit score. A homebuyer’s credit score is a primary factor for qualifying for a mortgage. If you look at your score early on, you can correct any mistakes or issues before starting the home-buying process. When you apply for a mortgage, you will need to present your paycheck stubs, W-2 forms, tax returns, and a list of your assets. Having these materials readily available can save you time and stress!
Determine what home you can afford: Before starting the process of looking for a new home, you have to know what is in your price range. Doing research and being honest with yourself will help to avoid future financial problems. Woodside Homes makes this easy by providing you with a network of preferred lenders to see what types of loans are available to you! Pre-qualifying for a mortgage loan will make the purchasing process a breeze when you can finally call a house your home.
Determine what you are looking for: Consider the cost of living, local job market, social scene and more. It’s a good idea to keep in mind your family’s lifestyle when it comes to these factors.
Find a good real estate agent: Real estate agents are a great resource! They know the market better than anyone else and are committed to finding their buyers the perfect home.
Tour homes you are interested in: Once you have dealt with all the nitty-gritty details, it’s time for the fun part - touring and designing your new home! Your realtor can help you set up appointments to look at home layouts and designs that you are interested in. Before touring, it can be helpful to make a list of aspects you are looking for in a home. These can include the number of bedrooms you are looking for, if there is a view or not, the amount of storage space, if there is a yard and more.
Hopefully these tips will make the process of buying a new home less intimidating. There’s nothing to fear when you are prepared!
Here to help you home,