If you have been longing to join the ranks of all of the other homeowners, make this upcoming year the time to achieve your dream of buying a home. We are nearing the end of the year and you have been pondering, “What will my New Year’s resolution be this year? Now is the point in the year in which you should be getting your “ducks in a row”, in order to achieve a New Year’s resolution that you can actually stick to.
Your real estate agent will provide you with all of the information about your local real estate market, and will be valuable in guiding you through the lending process. Begin by contacting the experts.
Even though you may have allotted a specific amount of money for a down payment, you must also consider additional upfront costs incurred when purchasing a home. These include charges such as inspection and closing costs. A qualified lender will work closely with you in determining the many programs and loans that will be applicable to your particular financial situation. Be smart and practical about your finances.
Once you have concluded where you stand financially, it is time to determine your preferences.
Your agent’s website should become your number 1 go-to resource. E-mail alerts can be set up by your agent in alerting you of new listings. In addition, their site will allow you to view multiple photos of homes, view school and neighborhood information, and even supply you with newsletters containing real estate articles and weekend events. Working with your agent, you can search for homes that meet your criteria, and information about specific neighborhoods, community life, and the convenience to shopping, hospitals, and transit.
At this juncture, you should also be confident of the price you are willing and able to pay. Before embarking on viewing any homes, be sure to have a clear idea and understanding of what your wants and needs are. Be aggressive in obtaining both, yet practical in focusing on homes that meet the standards and measures that you must have.
Contact me today for help with making your dream of becoming a homeowner a successful New Year’s resolution. I will be happy to answer any questions you may have, and/or help you find your dream home.
Photo courtesy of Christine Zenino/Flickr.com