Buying a home
Buying a home can be a big decision, as well as one of the biggest investments you’ll ever make. If you’re a first-time homebuyer or it’s been a while since you last bought a home, you may not know what to expect when buying a home and you probably have questions about the buying process. Here are some tips to successfully guide you through the process.
A real estate agent, like Prestige Maple Heights, knows the market and the homes available. Additionally, a realtor can give you access to all available properties in your desired area. Plus, a real estate agent can walk you through the steps of buying a home and answer any questions you may have along the way, making the entire process easy.
- Build a good relationship with your REALTOR. “I care a lot about doing a good job,” says Bailey, who has 11 years of real estate experience. “I am here to attend to my clients and their needs. That’s why I’m really interested in them.” Good communications can go a long way in building trust levels. So, Bailey listens and learns as much as she can about her clients and their families, so she can find properties that meet their requirements.
- Get pre-approved for a mortgage. Bailey always has her clients talk to the lender or mortgage broker, like Grandview Loans., first. “I refer my clients to Grandview Lending because they need to know how much they can afford when it comes to buying a home,” says Bailey. “Many new and old buyers say it makes sense that they need to talk to a lender. And Grandview Lending is competitive and very ethical.” A lender can provide you with a pre-approval letter, which states how much they think you’ll be able to borrow based on your income and credit history. You should stay when looking for homes. In addition, Bailey says, when you find a home you want to buy, the pre-approval letter lets the seller know that you’ve already talked to a lender and can afford to buy your home.
- Do your homework in the areas you want to live in. Find out what’s important to you when it comes to home, like good schools, being close to work, or being in a community with a pool. “Most people have an idea of where they want to live,” says Bailey. “You can call me and tell me you want to live in Carmel or Washington Township in Indianapolis. I listen to them, and I listen to what their needs are.” However, while your real estate agent may do their best to meet your requirements, you must also take some responsibility in researching the homes you are interested in. For example, if If you want your children to attend a certain school, call the school district and ask if the property’s address is within that school’s boundary.
- Work with your realtor when you are ready to make an offer. Part of a real estate agent’s job is to know the contracts and be an effective negotiator on your behalf. They can help you when it comes to making your offer and negotiating any necessary home repairs after the home inspection. “Once the negotiation and contracts start, it’s my job to make sure my clients meet all of their deadlines,” says Bailey. “I can also help you choose a home inspector. However, the home buyer must attend the home inspection. That’s when they learn about the house. And I can help if there are serious things that need to be fixed, like radon, termites, or a crack in the heat exchanger. That’s another deal you need a good real estate broker for. Nevertheless, don’t ask the seller for deferred maintenance on a 30-year-old house. That’s just part of becoming a homeowner. But if there are safety fixes or things that are very expensive that need to be fixed, then I can direct the buyer to fix them. Or we go to the next property “.
