Home Buyers Should Know These 3 Key Tips!
Tobi Silgman shares some key tips for Home Buyers to get a competitive edge in the home buying process.
Contact A Mortgage Lender
You’ll want to know what home price range you can afford.
Once you know your price range, you can begin narrowing your home search. The last thing you want is to find your dream home and find out you’re $50,000 short. By contacting your mortgage lender, you’ll have that conversation about what you can afford. They’ll provide you with the next thing crucial to buying your next home : The Pre-Approval Letter.
Obtain a pre-approval letter
Get this letter before you begin your serious home search, and have it ready when you want to write an offer. Without this letter, your Offer To Purchase probably won’t be considered. Sellers need to know you can go through the transaction without any hiccups, and this letter is one more voice of security for you and them.
Research The Madison Area Neighborhood
What about this neighborhood fits your lifestyle? You can always remodel a house, add a garage or finish the basement, but you can’t remodel your neighborhood. You’ll want to make sure you’re happy with the neighborhood before you start your new life in it. Here are some ways you can get to know the areas you’re considering:
Walk or drive around the neighborhood
Tour the area yourself, especially around 3:00-5:00pm when school lets out and when folks are getting home from work. This way you see everyone in their natural element.
Meet the locals
Another great suggestion to gauge your potential new neighbors: knock on some doors! Introduce yourself, ask them what they like and dislike about the area.
Ask professionals for their feedback
If you’re concerned about safety, call the local police department and they’ll give you an honest answer. Those online sites can be biased or exaggerated, but talking to a real human will help you understand how an area fits your needs.
Understand The Home Buying Process
This is where your Lauer Realty Group comes in. Our agents will outline the home buying process so you understand where you’re headed. He or she will help you find a property, write an offer, and go through inspections. Sometimes writing offers takes special legal language that our Realtors® know very well. Inspections may bring some items to light and you may not know how to proceed; Tobi can help you understand what the inspection means, and if anything needs to be adjusted in your offer, she’s got your back. These legalities can be confusing and stressful if you’re on your own, but she’s going to hold your hand through the entire process so you know you’ve got the best deal coming.
Contact Tobi Silgman with questions about her 3 Key Tips to the Home Buying Process.