There are so many aspects involved in the purchase of a home that buyers can often be left very confused by the whole experience. That's why it is so important to have a real estate professional who can walk you through each step and address your questions along the way. CENTURY 21 New Millennium real estate agents always ensure that buyers are comfortable with the experience and are fully aware of the options available to them. We've provided the basic steps of home buying below, but we encourage you to contact a CENTURY 21 New Millennium real estate professional for a thorough explanation of the home buying process.
Step 1: Prioritizing Your Needs
Start by establishing a list of features that you desire in a home and provide the reasons why. Use it as your basic search guide, but remember that depending on your financial situation, you will probably need to make some compromises. In addition, talk to your CENTURY 21 New Millennium real estate professional about where you want to live. Location is a critical part of any home purchase. Our real estate agents are trained to assist clients in narrowing down their choices by providing the latest market trends and local information like neighborhood statistics and community links.
Step 2: Determining How Much House
Once you know what you want in a home, you need to find out what you can afford. Use our mortgage - qualifying calculator to begin crunching the numbers.The next step is getting pre-approved for a mortgage. The pre-approval process will take into consideration your personal information such as income, debt and credit history. The information will be used to determine your maximum loan amount. Once you find a property, the remaining pieces of the loan application can be completed. By definition, a pre-approved buyer has an approved mortgage subject to an appraisal of the property. A buyer can often use this pre-approved status as leverage during the negotiation process.
Step 3: Searching for the Perfect Home
When you get a good idea of the community you'd like to live in and have your loan pre-approval papers in hand, you can begin searching for your dream home. It's a great idea to start your house-hunting search online. It will save you time and assist you in pinpointing properties that meet your search criteria.The next step is to contact your local CENTURY 21 New Millennium real estate professional to arrange for visits at homes in your desired neighborhood and price range. When you start viewing properties, it's a good idea to take notes as you walk through. When you visit too many homes, the unique features of each property will start to become a blur.
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Contact CENTURY 21 New Millennium for more information.