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lisa.watt@compass.com
Buying a home is a big step! Whether you’re buying your first home, your dream home, or your tenth investment property, it’s a significant investment.
Buying a home is one of the biggest investments you’ll ever make, so it’s important to do your research before making a decision. There are several factors to consider when purchasing a home, such as location, size, and amenities. Thorough preparation will help you make the best decision.
Finding the perfect property is just one way we can help you with your real estate purchase. Here are some steps to take in the home buying process:
Checking the Area
Make sure you can commit to remaining in one place for at least a few years. When looking at areas of interest, consider factors such as job and commute time, school districts, distance from loved ones, and other personal priorities.
Credit Score
Credit history is essential when buying a house. Fixing any inaccuracies on your credit report before you start is crucial. Ask your lender for a copy of your credit report and make any necessary amendments. If there are errors, contact the reporting agency to correct them.
Evaluate Your Financial Situation
Aim for a house that you can afford. The real estate market is always changing, so have an idea of what price range you are comfortable with before getting pre-approved by a lender.
Work with a Professional Real Estate Agent
A professional real estate agent can make your home buying process easier and more affordable. An experienced agent knows local market trends and can help you find the perfect home quickly and easily.
Do Your Research
Use market data to make informed decisions. Understand the price range for homes in your desired neighborhood and base your offer on that information.
Work with a Home Inspector
Hiring your own home inspector is a wise decision. An experienced engineer can identify potential problems with the property before you finalize the purchase, saving you time and money on future repairs.
