Buying a new house can be an exciting but frustrating time. In today’s market, houses can be sold as soon as they are listed. To have the best chance of getting the house of your dreams, a reputable realtor can help you every step of the way. Follow these steps to have a leg up on the competition.
Arrange Your Finances
The very first step to take is to make sure your finances are in order and you are ready to make a purchase at a moment’s notice. To do this, make sure you get pre-qualified by a lender. Getting pre-qualified helps for a couple of reasons. First, you do not have to wait once you find a house that you want. Getting pre-qualified can take anywhere from one day to one week. Depending on who you are financing with, the timeline can change. By having this done ahead of time, you are ready to go as soon as you have a house in mind.
Secondly, getting pre-approved provides you with a clear budget. Depending on how much you have available to use as a downpayment, the lender can tell you the maximum amount that you will be approved for. This way, there are no surprises down the road if you fall in love with a house that is not a financial reality.
Pick a Location
For a lot of houses, you can change what is in them and, to an extent, how they look. There are plenty of DIY resources and professionals to help make this happen, or you can even build your own home on the perfect piece of land. What you cannot change is the location. Deciding where you live is an important factor for you and your family. This will determine which school your children will go to, how long of a commute you will have to work, how safe you and your property will be, and what kinds of amenities and resources are available to you in the area.
Making an Offer
Once you find a house that you like, making an offer is the next step. A great realtor will work with you to decide what is a fair offer based on what the seller is asking. Understanding the true value of a property will make sure you get the right price without turning off the seller by offering an unreasonable number.
While there is plenty to consider, buying a home should hopefully be an enjoyable and exhilarating experience. If you’re looking to buy your dream home on the beautiful Northshore, then trust McNeely Mack LifeStyle Properties | Latter & Blum. Our realtors have helped numerous families in the Northshore find the perfect property for their needs. Call us today at 504.226.7626 to acquire about our current listings.