After finally saving up for a down payment on your first home, you might be excited to get out there, explore local listings, and start submitting offers. However, getting hasty about one of the biggest investments you may ever make isn’t a great idea, which is why everyone needs to have an experienced real estate agent by their side.
At Coldwell Banker, their team of real estate experts understands how exciting it can be to buy your first home, which is why they are laser focused on helping you to find the right place. With over 75 years of experience, this brokerage is innately familiar with the area and maintains large networks of motivated sellers, which makes buying a house even easier.
3 Things to Do Before Buying a House
Meet With Your Mortgage Broker
You might have an idea of what you can afford, but mortgage brokers can look at your finances to determine the exact price range where you would feel comfortable. After evaluating your income and debt ratios, your mortgage broker will pre-approve you for a certain amount, which will improve confidence with sellers during the transaction.
Get a Home Inspection
You never know what kinds of structural problems are lurking beneath the surface of a home, which is why real estate agents nationwide encourage buyers to get a home inspection. Home inspections only cost an average of $300, but the report that they generate could help you to prevent thousands of dollars in repairs.
Evaluate the Neighborhood
Last but not least, you should always carefully evaluate the neighborhood where your potential home is located. Visit the area during different times of the day so you get a good idea of what to expect.
When it comes to buying a house, don’t feel like you are on your own. With a team of experienced real estate experts by your side, you will be able to find a great home within your price range in no time. To view current home listings or to learn more about the home purchase process, visit Coldwell Banker online or call (715) 424-4800.