Fathom Realty
Buying your first home is an exciting experience, but it can also be overwhelming when you don't know what to expect. Below are some tips to help first-time homebuyers navigate this process successfully.
Nothing is more upsetting than finding the home of your dreams, only to learn that you cannot qualify for the loan needed to purchase it. Before you begin shopping for a new home, meet with a lender to request a pre-approval. The lender will review your financial situation and provide you with a pre-approved loan amount. Once you know how much you can afford to borrow, selecting the right properties will be easier.
One of the most important things you can do to ensure that the process of buying your first home goes as smoothly as possible is to hire the right real estate agent. Be sure to choose a local agent who is familiar with your area. It is also a good idea to research your agent's background and experience, as well as to read reviews written by past clients so you will know what to expect as you work with the agent.
When purchasing your first home, it can be tempting to choose a property at the higher end of your price range. However, adjusting to a monthly mortgage payment can be challenging. Make this process easier on yourself by selecting a property in the middle of your price range if possible. This will make your monthly payments more affordable, leaving you with plenty of extra income to buy furniture, make repairs or even save for the future.
Before purchasing any new home, be sure to do plenty of research about the neighborhood and the property itself. Ask your real estate agent to provide any insight they may have about the area and the property in question. If you have questions about the property, get the answers you need before you make an offer.
When you make an offer on the property you hope to purchase, you have the chance to request an inspection. Regardless of the circumstances, it is always in your best interest to take advantage of this opportunity. Be sure to read the inspection report carefully and consider any items that were found to be dangerous or defective.
Every first-time homebuyer feels a little anxious, but you can simplify the experience by following the tips above.
With over 10 years experience serving the Dallas and metro area, I am dedicated to providing my clients with outstanding customer service and to earning the referral business of my clients. I focus on family values and customer service. I have made a lot of friends in this business. Constant communication is a big part of my success. Proven professional who brings knowledge, skill and care to every transaction. I would love to be your realtor and if you know of anyone who is thinking about buying or selling a home or would just like additional information about property values in my area then call, text or email me today. If you or someone you know are a veteran, firefighter, policeman, teacher, doctor, nurse contact me about special incentives. If you or someone you know has a blemish on your credit report and is not in active bankruptcy contact me about a new company that can help you get into a home. If you need a reputable credit repair company that will give you help to get back on the right track then I have a great company. If you want to purchase a home but still don't have enough saved there are still available funds to help you with that. Are you or someone you know relocating to the Dallas area? I have helped families relocate here. I understand your family's needs. Certifications: New Home Construction, Senior Designation, American Warrior, First Time Home Buyer, EPRO,Relocation
