I am ready for
homeownership! What’s next? 1. Get Pre-approved
It is really important to talk with your mortgage
professional to determine how much you can afford with your income and down
payment. This will give you confidence knowing that you can purchase a home,
and will give you and your real estate agent a starting price point.
2. Meet with your Realtor Before you meet with your realtor take some time thinking
about the area you would like to be in, and the type of house you envision.
That way when you and your realtor have a meeting you can easily discuss what
it is you want, what your needs are, and what your preferences are in a home. Your
realtor is there to make sure the transaction goes smoothly and to represent
your interests during negotiation.
3. House Shopping! This can be the most enjoyable part of the home buying
process, but it’s important to shop smart. When looking at homes look past
cosmetic flaws (like paint color) and really focus on structural defects. While
you can redecorate at a fairly minimal cost, structural deficiencies will hurt
the pocket book. Also take note of the location of the house. Driving around
the neighborhood at night and on the weekends will give you a feel for how it
will be when you live there.
4. This is the house! You found the house you want and are ready to make an offer.
Your realtor will look at comparable sales within the same neighborhood, and
then together you will determine an offer. A good offer is an amount that you
are comfortable with, and a price that gives you the best chance to win the bid
and move forward with the purchase. Many dates and deadlines on the contract are
negotiable, but one of the important ones is the closing date. Consider the
seller’s preferred closing date and try to fit their needs, this gives you a
better chance that the seller will choose your offer.
Purchasing a home is an exciting time, but it’s important to
keep your head on straight. Try not to fall in love with a house until you have
signed the closing papers, and have the keys in hand!
Kira Krizek is a team member of the Carr Peck & Associates at Keller Williams Realty Downtown. Car Peck & Associates was 6th in Denver Metro home sales out of 5,000 agents and has been recognized by the Wall Street Journal and Real Trends as one of the top selling teams in the country. For more information feel free to contact heror call 720-320-7229.
Author:Jason Peck Phone: 720-446-6301 Dated: July 22nd 2013 Views: 7,423 About Jason: ...
Recognized as a top selling team in Denver Metro area. Nationally recognized for homes sold by the Wall Street Journal, Real Trends and Top 5 agent by RIS Media. Our goal is simple and that is to exceed our client's expectations by providing professional service, expert advice and exceptional results.
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