If you’re a first time buyer, chances are you are not aware of what you are able to spend on a home. You may have been saving for quite some time but spending habits, car loans and credit cards can affect your ability to secure a mortgage more than you think! So before you begin looking at homes, talk to a professional lender or mortgage broker to find out what you are pre-approved to spend on a home. If you
aren’t sure of who to ask in the industry, I have some great professional contacts that can assist you with the pre-approval process. Just ask!
Just as we use chiropractors when we have back problems, and mechanics when our vehicles break down, buying or selling real estate shouldn’t be a task that you navigate on your own. There are hidden details, industry standards and skills of negotiating that are developed over time. Hiring a professional to navigate the process from start to finish can save you time, confusion and potentially money.
This is the great part about purchasing a home. You get to hire the professional (me!) and benefit from the services and expertise, all without paying any of our fees. In real estate, 9.9 times out of 10 it is the seller of the home that pays the fees.
I believe all good business relationships begin with a conversation. I offer what I call first time buyer meetings and that is where we get to sit down at a location of your choice and get to know each other, go over purchasing timelines, process, and what to expect. I find this very beneficial to clients as it gives us a chance to get to know each other, the way we work and begin the home searching process. My best advice is find someone you like, someone who listens to you, someone who you’d want to spend an afternoon with because at the end of the day you will be spending a fair amount of time with your agent!
I get it! The purchase process and all of the little details can be a lot to take in. This is why I value meetings such as the “first time home buyer” meetings, and constant “check in’s” along the way. I am all about communication and being open with you. At our first meeting, I provide you with a buyers guide. This is a good resource to check back in with throughout the purchase process. If you're not a reader, that’s OK too! I frequently will be in touch via email, text or call to let you know your next steps, what is expected of you and how to to get there. After all, it is my job as the professional to guide you throughout this journey!
What can I expect for additional costs in buying a home?
This will vary, but the constant is that there are always a few additional costs. A few common costs are: