Buying a home is stressful, even if you’ve purchased one in the past. That’s why we’ve put together this list of tips to keep your cool while house hunting:
1) Outline Your Wants and Needs
What you want and what you need will dictate how you search for one. Recording them will help you form the starting point for your search. Plus, you have better information for your realtor.
2) Flexibility is Important
No house is going to be perfect out of the gate unless you’re building it or have the cash for renovations. Don’t compromise on what you need, but be prepared to make some trade-offs.
3) Budgeting is Your Friend
It’s not just your buying price. How much are you putting down on the home? Are you willing to make repairs on the home? Can you cover real estate taxes? A good realtor can give you solid advice in this area.
4) Lean on Your Realtor
Realtors know the industry – take advantage of that. They’re there to help you during your search, so don’t be afraid to lean on them for help.
5) Get Pre-Approved
Pre-approval gives you the flexibility to jump on offers as they appear. You don’t want to make an offer, only to find out you can’t qualify for financing. Plus, your realtor will thank you.