Beautiful Mornings Real Estate Services knows that buying a home is one of the most important financial decisions you’ll make in your life. I’ve put together a comprehensive home buyer’s guide to help you with some of the initial questions that many homebuyers have.
With some of this basic information under your belt, you’ll be better prepared to work side by side with Beautiful Mornings Real Estate Services to make your home buying dreams come true.
Break Down Your Budget
The first step in a successful home buying process is sitting down and taking a good look at your budget. This means carefully analyzing your savings, your income-to-expenses ratio, your debt, and any other financial factors that will impact how much house you can afford. You can get a better idea of what type of mortgage you will need by using online calculators, or by going to your bank and getting pre-qualified for a loan.
Once you've prequalified, you can start the initial search for a new home. This will help you filter your results and look for a home specifically within your budget. This prevents the heartbreak of falling in love with the home only to find out you're not qualified for a large enough mortgage to afford it.
Beautiful Mornings acknowledges and respects that everybody has a certain budget and will never push you to exceed those limits. I honor your financial situation and am confident that I can find the perfect house within your budget.
Start The Search
Once you've been pre-qualified and have set a budget, the fun begins. Looking for a new home can be an exciting but sometimes overwhelming process. One of the best things you can do to be successful in this search is to break down your expectations for your needs versus your wants.
What things do you absolutely need to have in a home for it to fit your family and your lifestyle? This may be things like:
- Number of bedrooms
- Number of bathrooms
- A single-story floor plan
- Proximity to school/work
- Single-family home vs. condos
There may be other things that are more of wants, such as:
- A pool
- A fenced-in backyard
- Granite countertops in the kitchen
- Brand new appliances
- Hardwood floors
- A beautiful view
These are all things that can be added on later, or that could be part of a compromise.
Partner With a Pro
Once you've done a lot of the basic research on your own, it's time to work with a professional. Using a professional agent instantly connects you with resources and technology you need to analyze the local market and find the best home for you.
If you're new to the area, you want to work with an agent who has lived, worked, and played in this area for years. You want someone who can tell you where the local schools and houses of worship are located, the best places to eat and shop, and commute times to popular areas like Downtown.
You also want to work with an agent who has extensive experience in the industry, works with a broad network of interested sellers, and knows how to negotiate to get you the best deal possible. From contracts and closing dates to home tours and relocation services, I can help you do it all!
Beautiful Mornings Real Estate Services is dedicated to giving you all the information that you need and providing you with extensive local market data to help you make an informed decision.
Focus On Finances
Unless you're paying for the house in cash, you will need to explore your different financing options. There are many different mortgage options in today's market, and different financing options work better for different people. There are fixed-rate mortgages, adjustable-rate mortgages, and everyone's favorite, FHA, and VA mortgages. The good news is, there are a lot of options to make affording a new home a possibility. To decide which option is the best for you, you should speak to your mortgage broker.
If you don't have one, I'd be happy to share my contacts with you and connect you with a mortgage broker that is trusted and reputable within the community.
Ready to take the first step towards buying a new home in West Georgia? I’d be honored to be a part of your home buying journey. Let’s talk about your dream home and start our search to find it!