Smart Moves For Home Buyers

Buying A Home Is A Big Step – it’s possible that it will be the largest purchase you’ll ever make. Here are just a few smart moves if you are ready to buy…

Save For a Down Payment
Usually, the more money you can put down on a home, the better. It’s easier to qualify for a mortgage if you have a down payment. Having a down payment also may help you to qualify for a lower rate on a mortgage.
Determine How Much You Can Afford
Before you set out to buy your dream home, compute how much you can afford, keeping in mind your current expenses, how much it will cost to own and maintain the home and how your expenses may change in the future.
Weigh Needs vs Wants
Many of us want a home in the very best location with all the amenities. But, is this what you need? Often we have to sacrifice and buy a place that meets just some of our necessities and desires. Think about what you really must have (a reasonable commute to work), vs what you can do without, say a backyard with a pool and a hot tub.
Secure Financing
Have a lender pre-approve you for a mortgage. Being pre-approved means that a lender has agreed to lend you a certain amount based on your credit rating and finances. Being pre-approved puts you in a better position to look for a home.
Investigate your local market and the homes you are considering. Know the strength of your real estate market.
Find A Qualified Broker At THE MULJAT GROUP NORTH
Buying a home is a complicated process – it’s best to recruit the assistance of an expert. A real estate broker will look out for your needs during the home-buying process.
Once you find that home you’d like to buy, get the property inspected by a qualified professional and make your purchase pending inspection results. You can find out if a home is in good condition, or be alerted to any serious and costly problems.

THE MULJAT GROUP NORTH | 505 Front Street | Lynden WA | 360.354.4242 |