Whether you are a first-time home buyer or a repeat buyer, the first step to home ownership is knowing why you want to buy.
Are you planning to move to a new community due to a lifestyle change or is buying an option and not a requirement? What would you like in terms of real estate that you do not now have? Do you have a purchasing time frame?
Whatever your answers, the more you know about the real estate marketplace and the process, the more likely you are to effectively define your goals. It can be worthwhile to look at the questions above and then discuss them in detail with your local real estate agent.
Other important questions to examine at the beginning of your home search are focused on the financial side. Do you have the money? Do you have money for a down payment? What is your credit score? Will you have the funds for closing costs if you may need to pay those? Have your bills been paid in full and on time for the past several years?
All of these considerations need to be addressed before you start looking for a home. Consult a local real estate agent to discuss these items. A professional is trained to help you navigate the home buying process.
I look forward to providing more valuable information about the real estate industry. If you have any questions that I can help you with, please do not hesitate to contact me.
Submitted by: Lisa Reason, Broker/Owner, HomeLife Freedom Choice Realty, Inc, 252-672-8606