Buying a house can be incredibly exciting, but it’s important for first-time homebuyers to do more than dream about their ideal neighborhoods, floor plans, and interior decorating schemes. Buying a new house is a huge financial commitment and it requires some legwork. Read on to find out about three things first-time home buyers need to know when buying a house.
Choosing the Right Real Estate Agent Is Essential
Finding the right real estate agent is absolutely essential, especially during today’s trying times. Experienced agents can discuss their customers’ unique wants and needs and help them narrow down listings to ensure that they find the right homes and can walk them through every step of the process from showing the house either in-person or online to closing the deal. Those concerned about buying a home during the pandemic can visit https://landmark24.com/ to learn about how Landmark 24 Homes is taking the risk out of home buying.
Buyers Should Always Get a Pre-Approved Loan
Finding the perfect house won’t do homeowners any good if they can’t find a lender to finance the purchase. That’s where mortgage pre-approval comes in. Getting a pre-approved loan doesn’t just let buyers know exactly how much they can afford to spend. It also gives them credibility with sellers, who want to know that buyers are qualified and will not get turned down for a loan should they decide to proceed with the sale.
Getting a pre-approved mortgage requires buyers to submit information about their credit scores, employment, and income. It’s a little harder than pre-qualifying for a mortgage, but it’s worth the effort. As long as nothing about a buyer’s financial situation changes between loan pre-approval and closing the deal, he or she will have nothing to worry about when it comes to proving qualifications and taking out a mortgage. Landmark 24 Realty, Inc. can help buyers find a lender, so check with them first.
Not All Home Inspectors Are Equally Reputable
Before putting a down payment, potential buyers should always schedule home inspections. Ask a reputable real estate agent for recommendations or find an independent inspector who is certified by the American Society of Home Inspectors. Don’t hire an inspector who comes at the recommendation of the seller, alone, though. Doing so can be a huge mistake, as not all home inspectors are equally reputable and some may be motivated more by a desire to help sellers make a sale than by the desire to identify any and all potential issues.
One great way to find the best home inspector is to request sample reports from multiple professionals. These reports should be a few dozen pages long and should cover all major systems. They should include both photographs and detailed descriptions of potential problems and suggestions for maintenance or repairs. If one home inspector’s report stands out for its clarity and attention to detail, choose that individual to perform the inspection.
Doing some research and getting everything set up in advance makes home buying easy. Want to get started now? Visit https://landmark24.com/contactus/ to get in touch with a well-respected real estate agent that can help.
Company Name: Landmark 24 Realty, Inc.
Contact Person: Lawrence Harris
Email: Send Email
Phone: (912) 353-1275
Address:6605 Abercorn St #100
Country: United States