Home Buying Easy Process

These tips can make buying and selling homes a lot easier and less stressful:

Start Early

Begin to look at house listings online and in newspapers and magazines as soon as possible, to give yourself an idea of what’s available in your area and any trends you should know about.

online
Look at online and newspapers for house listings.

What You Can Afford and Pre-Approval

General rules of thumb is a maximum of five times your total income. Once you have this figured out, you can pre-qualify for a mortgage by providing the required financial information to your lender.

Find a Good Realtor

It doesn’t cost you anything to take advantage of the expertise of a real estate agent, who has access to homes that you wouldn’t otherwise know about. They also have a knowledge of the local area and the overall buying process and can negotiate a lower price.

Make an Offer

Making notes or even taking video can be useful to keep track of all the houses you look at and what you like or don’t like about them. Look at the plumbing and electric system in each home, as well as water pressure. Also look at the prices of similar homes in the area, the amount of street parking and access to schools, shops and other local amenities. All of this will help your realtor to negotiate the fairest price.

Home Inspection

Things that need to be repaired, as well as significant structural damage, can be found by having an inspection, which is usually a requirement in the buying process and is typically carried out within a few days of an offer being accepted. Based on the result, you can ask the seller to fix certain things before proceeding. You will also need to have the home separately appraised.

Use a Mortgage Banker

A knowledgeable mortgage lender can make the buying process more comfortable and allow you to have access to a range of loans. You can choose the best loan based on your needs, whether wanting to move again soon or wanting to keep payments as low as possible.

Paperwork and Closing

 

paper works
A knowledgeable mortgage lender can make the buying process more comfortable and allow you to have access to a range of loans.

Your lender will help with all the paperwork required to close the sale so that all that’s left is to move into the house.