Get the Keys to Your Dream Home
Buying a property always seems like such a daunting and pressure-filled task—but it doesn’t have to be! No matter where you are on the property ladder, our professionals will help you every step of the way. At Southland Realty & Management Co., our goal is to provide you with expert, caring and candid advice throughout one of life’s most important transactions.
Buying Tip #1: Neighborhood and Proximities
Before you buy, get the lay of the land. Drive by the house at all hours of the day to see what’s happening in the neighborhood. Do your regular commute from the house to make sure it is something you can deal with on a daily basis. Find out how far it is to the nearest grocery store and other services. Make sure it’s the right fit for you!
Buying Tp #2: Home Inspection
Hiring a home inspector is highly recommended. Would you buy a used car without a proper evaluation? A home inspector is responsible for providing you with information so that you can make a decision as to whether or not to buy.
Buying Tip #3: Loan Pre-Approval
What is the difference between being pre-qualified and pre-approved? Getting pre-approved means a lender has looked at all of your financial information and they’ve let you know how much you can afford and how much they will lend you. Being pre-approved will save you a lot of time and energy. It also gives you the opportunity to shop around for the best deal and the best interest rates. Do your research and learn about junk fees, processing fees or points and make sure there aren’t any hidden costs in the loan.
Buying Tip #4: Freeze your Spending
Be careful not to make any huge purchases or move your money around three to six months before buying a new home. You don’t want to take make any big changes with your credit profile. This helps your credit score and makes lenders feel more comfortable.
Buying Tip #5: Find the Best Real Estate Agent
You will spend considerable time with your real estate agent. Make sure you have a broker who is informed and educated about lending options. Find a broker who embraces technology, a tech-savvy one has many tools to find you your dream home. Last, but not least, you need to feel comfortable, confident and secure with your agent.