Purchasing a home is one of the biggest investments that you will make in your lifetime. There are many steps to be considered in order to ensure a smooth transaction. I have created a list items below that will guide you through the process.
Mortgage Qualification: First, you should connect with a mortgage agent to get a Pre-Approval Letter. A mortgage agent will provide you with the amount that a lender will approve for you to borrow. The Pre-Approval Letter is also important, as you will need to submit with your Offer to Purchase on any property.
Location: All neighborhoods vary in real estate prices, services, taxes and schools. Be sure to consider all things like amenities and proximity to services that are part of your everyday lifestyle. Let my experience guide you as you navigate your decisions in the search process.
Type of Home: Condominiums, Single Family Homes and Multifamily Homes are the types of properties that you have to choose from when you are purchasing. Each has its own benefits, which we will explore when selecting the one that suits you best.
Home Inspection: A Home Inspection is one of the most valuable steps in a purchase. A licensed inspector will create a report of the home’s condition including any minor or significant repairs that may be needed. This information will aid you in budgeting. It also serves to educate you about the overall condition of the home that you are about to purchase.
Ask Questions: Remember to always ask questions during the process. Questions regarding age of systems, seller’s reasons for leaving and proximity to nearby services are all key questions. I will be a resource for you throughout this very exciting process.