Check your credit score: Your credit score plays a big role in the mortgage approval process, so it’s important to review your credit report. The first step is to check your credit rating with an experienced lending institution to determine your purchase price. The lender will research your credit ratings from the three credit reporting agencies. My team is here to connect you with experienced, knowledgeable lenders in the fields of residential, new construction, and investment real estate.
Get pre-approved for a mortgage: Before you start your home search, get pre-approved for a mortgage so you know how much home you can afford. Make sure you consider the full costs when buying a home. Remember to factor in the ongoing expenses, such as property taxes, insurance, and maintenance.
Hire a real estate agent: A real estate agent can help you navigate the homebuying process, from finding the right home to negotiating the purchase price. Choose an agent who has a good track record. Make sure the agent you choose holds a valid license and is a member of a professional real estate organization. An agent who is responsive, listens to your needs, and communicates clearly is very important. Look for an agent who specializes in the type of property you are interested in buying and has a good reputation for negotiating favorable deals for their clients. Most of all, find an agent who you feel comfortable with, trust and can communicate effectively with.