Six Tips When Buying a Home
When buying a home in today’s complex real estate market, it is critical to have a local, trusted adviser on your side. Cathy Vick, seasoned Real Estate Sales Associate at ERA Justin Realty states, “Finding a home can be daunting as a first-time homebuyer if you aren’t prepared”. Here are five tips on how to find the home that is right for you, without losing your mind.
1. Get Pre-Approved for a Mortgage Before You Start Your Search
One way to show you’re serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage. Understanding your budget will give you the confidence of knowing whether or not your dream home is within your reach. This will help you avoid the disappointment of falling in love with a home well outside your price range. ERA Justin can help find a mortgage lender to get you started.
2. Know the Difference Between Your ‘Must-Haves’ and ‘Would-Like-To-Haves’
Do you really need that farmhouse sink in the kitchen or a certain light fixture to be happy with your home choice? Would a two-car garage be a convenience or a necessity? Before you start your search, list all the features of a home you would like. Qualify them as ‘must-haves’, ‘should-haves’, or ‘absolute-wish list’ items. This will help with what to focus on that’s most important.
3. Research and Choose the Neighborhood Where You Want to Live
Every neighborhood has its own unique charm. Before you commit to a home based solely on the house, explore the area. Make sure it meets your needs for “amenities, commute, etc. and then spend a weekend exploring before you commit.” Also, an experienced real estate professional can share the “lay of the land” to a particular area, and may introduce you to a location you never would have considered before.
4. Pick a House Style You Love and Stick to It
Evaluate your family’s needs and settle on a style of home that will best serve those needs. Just because you’ve narrowed your search to a zip code doesn’t mean you need to tour every listing in that vicinity.
5. Find a Real Estate Pro to Help Navigate the Process
You started the preliminary process of the home search. Now is the time to contact a professional to help you move the process along. The home process is a complex transaction and although the internet and real estate apps can help you “find the home of your dreams”, an experienced real estate agent will help guide you through the arduous process.
6. Document Your Home Visits
Once you find a real estate professional and start touring homes, the features of each individual home will start to blur together. Keep your camera handy and make notes on the listing sheet to document what you love and don’t love about each property you visit.
Cathy Vick and our ERA Justin Realty agents are experienced in the local market and are here to answer any questions you may have regarding the home buying process. In a high-paced, competitive environment, any advantage you can give yourself will help you on your path to buying your dream home.
To contact any one of our Real Estate Professionals for your home buying or selling needs, stop by either of our two Rutherford offices at 118 Jackson Avenue or 57 Park Avenue or by calling 201.939.7500.