These days, you can learn how to do almost anything yourself simply by searching the Internet, even how to buy a home. But if you are a first time home buyer, you will probably want to work with experienced and knowledgeable professionals instead of going at it alone. With that in mind, when you purchase a home, you need two very important people on your “team”: namely your real estate agent and your lender.
Choosing which real estate professional to work with is a major decision that you should carefully consider. Bear in mind that you and your agent may need to work closely together for as long as a few months, so be sure to choose someone you feel you can work well with. The best real estate professionals are attentive, accessible and accommodating. If you have a specific neighborhood in mind where you would like to purchase a home, be sure to choose someone who is familiar with the area and has local expertise there. He or she will then be able to show you a lot of homes within your price range that suit your preferences.
You may choose to contact a lender before hiring a real estate agent. This would help give you an idea of how much you can afford to spend on buying a property. A lender will pre qualify you for a mortgage loan up to a certain amount and give you a prequalification letter. Once your financial information has been verified as accurate, you will be pre approved. This is important because a lot of sellers prefer for their potential buyers to be pre approved or at least have a prequalification letter before they will consider any offers made on their home.
Both your real estate agent and your lender will play crucial roles in helping you throughout the home buying process, so make sure you contact them early on, before you even begin to look at houses. Be sure to hire people you feel you can trust, so that the home buying process will go as smoothly as possible for you.
If you are planning to buy a home, let The Incorvaia Team make the process as easy as possible for you. Call us at 440-879-7130 today!
