Whether you are buying your first home,
'In order to leave satisfied, you must arrive prepared'
Much like any other large purchase you make it is always important to do your research and have a realistic idea of what you want and need. Before you begin to shop around for homes, prepare your buyer tool kit by considering the following items.
1. Develop a Needs vs. Wants list
Everyone has a picture of their dream home which includes all the features you not only need, but have long desired. However, when it comes time to buying a home, while it’s nice to think about having a beautifully landscaped backyard, or fully finished basement - these are usually considered luxury items, which can add considerably to the price of your home.
That’s why it’s a good idea to develop a needs and wants lists. With this list, begin with items you really need like space, garage, number of bedrooms and most importantly location. After that, you could consider additional desires that are 'nice to have' but not essential.
2. Acquire a Pre-Approved Mortgage.
It is always a good idea to visit your financial or lending institution prior to shopping for a home. Not only will it help you narrow down a price range that you are comfortable with, it can also add some peace of mind in the buying process. Most importantly - this can also be used as a strong negotiating tool when placing an offer on a house. It is not uncommon for a seller to lean towards an offer knowing you already have your finances in place.
Also, as a client of Sutton - you can take advantage of our Sutton Mortgage Program offering ultra low Mortgage rates exclusive to our clients. Please ask me for more details!
3. Find the Right Realtor for YOU!
Finding a good real estate agent is essential to enjoying a painless real estate transaction. The question is how can you find a good real estate agent? The best agent for you doesn't necessarily work at the largest brokerage, close the most transactions or make the most money. The best agent for you is an experienced professional who will listen to you, conduct themselves in an ethical manner and looks out for your best interest.
Meet your potential realtor casually to discuss your needs and allow them to prove to you why they are the right choice. Remember, you do have a choice and a good realtor will remember your business is a privillege.
Ready to Buy? Contact me