So you’ve decided to buy a home, and are wondering what to do, where to begin? One of the first things you will want to do is find a Realtor who you are comfortable with. Ask friends and family if they know of anyone. Or if you have stumbled across my blog, and are looking for a Realtor, I would love to meet with you and see if we are a good fit!
After finding a Realtor to work with, you will also want to speak with a Lender. Find out how much house you qualify for. Many times sellers require a preapproval letter to be submitted with an offer. If you have met with a lender, prior to beginning your search, you are one step ahead. Again, if you don’t know of a lender, ask your Realtor, or friends and family.
Ask the lender how long they think it will take to process the loan. Depending on the type of loan, it could be 30-45 days, and you want to take that into consideration when setting a closing date.
Are you currently leasing or renting? When is your lease up? Is there a penalty for ending your lease early? Are you able to go month to month without a substantial increase in payment if needed?
Have you saved money for a down payment and closing costs? Are you prepared to pay for the incidentals associated with a home purchase? These might include a Home Inspection, Termite Inspection, deposit for utilities, & homeowners insurance just to name a few.
Do you know what area you want to live in? What type of home? Do you have a list of 7-10 must have items for a home you would want to purchase? What about a list of items you would like to have?
These are just a few things to consider when preparing to purchase a home. If you or someone you know is ready to start the home buying, building or selling process, feel free to contact me for a no obligation consultation.
Dawn Whalen, Realtor
Keller Williams Realty
317-459-5182 cell
317-893-0648 office
Serving Your Family’s Needs First
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