Your home mortgage is an important investment in your future, and a mortgage refinance can be a smart move to help you manage your investments when used under the right circumstances. Here are some
Steps To Buying A New House
Dated: May 1 2019
MAY 1, 2019
Buying a house can seem like a long and stressful process, but it can actually be an easy one. You might be asking yourself what you have to do before you can finally step a foot in your dream home. By following these 5 simple steps, you can be on the road to finding your forever home.
1. Get Pre-Approved
Normally the first thing one wants to do is start looking directly at the homes that you are interested in. This is exciting so we understand why you would immediately do that, but getting your loan approved is a lot more important at first. Getting you loan approval will give you an understanding of what your down payment must look like, what your monthly payments will be, and any other details your lender will offer you.
2. Find Your Realtor
Make sure you do some research before you finally settle on your realtor. You can do so by asking your friends and/or family for a referral or by going online and looking up your local realtors. Websites such as realtor.com and zillow.com are perfect for viewing testimonials and seeing what past clients think about their realtors. After all, you will be working with your realtor for a while so you want to make sure that they have the best interest in helping you find your home.
3. Shopping For Your Dream Home
Finally we are at the fun and exciting part! This is the part where you start looking around the Real Estate Market. Your realtor should provide you enough information about different homes, but it doesn't hurt to do some research of your own. You can use Google Earth to look at the location of the home to help you decide if the home is located in a good place. The surrounding areas should be of great importance so knowing whats around is always a good thing! Zillow and Realtor.com can also provide information on the school districts and the ratings so make sure to check those out as well.
4. Hire an Inspector
Before you set you mind on your home, you want to make sure that you know the exact condition of the property. You can hire an inspector by asking your realtor, going online, or asking your friends. This will be roughly between $200-$400 depending on the home you are looking at, but that will be some of the best money you'll spend! Doing so will let the inspector tell you the exact condition of the property.
5. Closing Day
Now that you have your mind set on your home, it is time for the big Closing Day! This is where you go in and sign the documents to make the transaction official. Before you sign all the documents, make sure that you do a walk-through and make sure that any repairs you negotiated were completed. You must also make sure that the home is in good condition.
Robert started in the Real Estate Industry as a licensed Real Estate Agent at the age of 20. Throughout Robert's consistent commitment to his clients he quickly excelled in his career and obtained his....