When shopping for a new home, it’s easy to get swept away by a property’s most charming characteristics — and to play down important things you may regret later. Define your priorities early on to streamline the house-hunting process.
Below are five tips to help you stay organized and focused:
Location matters. Location is a key consideration when choosing a home, and there are multiple factors that can affect your decision. Just a few of these include schools, commute times to work, and local amenities such as nearby restaurants, shopping and attractions.
List your priorities. You’ll save hours of shopping for a home if you list what you need and want in a home ahead of time. Zero in on the features you must have, would like to have, would prefer not to have — and definitely don’t want.
Get pre-approved for a mortgage. How much you can pay for a home is a function of your income, creditworthiness, interest rates, the type of loan and how much cash you have for the down payment and closing costs. Rather than guessing, ask a mortgage banker to give you a full assessment and a pre-approval letter stating how much you’re qualified to borrow. A great place to start is at Home Team Mortgage, Ebby Halliday’s affiliated mortgage company.
Use a checklist. Touring multiple properties is a confusing experience for most buyers. Rather than trying to rely on your memory, make notes about the homes you visit. Turn your priorities into a personalized home-shopping checklist and use it to track features of each property.
Relax. Buying a home is a major life-altering event, but it’s not worth getting too stressed out. As with all major occasions in life, it’s important to keep the experience in perspective.
Today’s homebuyers have access to a wealth of information, but may not have a way to tailor it to their needs. That’s where a real estate professional can save you a great deal of time and money. To find just the right agent for your real estate needs and to view properties for sale in North Texas, visit the award-winning ebby.com. For information on loan pre-approval, visit hometeammortgage.info.