First Step of the Home Buying Process
Are you thinking of buying a home and have no idea where to start? Well, you’re in the perfect place. Before doing anything else, you need to know what you can afford - your purchasing power.
The very first step when looking to own a home is getting pre-qualified for a loan. You need to understand the costs associated with owning a home and qualifying for a loan. Don’t get ahead of yourself and go house hunting just yet, we need to get your financing secured so you don’t lose any money unnecessarily and you don’t fall in love with a home you can’t afford.
So, your very first step when buying a home is meeting with a mortgage lender and getting qualified. I’ve got amazing local connections that you can meet with that will keep you safe and secure regarding the financial aspect of purchasing your home. Don’t make the same mistake as so many others. They go house hunting prior to going mortgage shopping. There are other things that you must consider as well, such as knowing how much of a down payment you’ll need, what closing costs will be associated with getting the loan, and any other expenses that you need to consider when qualifying and purchasing your new home.
Whether you want to sell your existing home, buy your first home, upsize, downsize, purchase a vacation home, or just talk about options, a real estate professional is your best source for information based on current trends in our area. If you're interested in learning more about the 2022 real estate forecast, don't hesitate to reach out - we're happy to help!