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Buying a home is one of the biggest investments you’ll ever make, so it’s important to do it right. If you’re in the market for a new home, there are a few things you should know to help make the process easier and more successful. Here’s our real estate buyer’s guide to help you navigate the process.
1. Know Your Budget
Before you start looking at homes, it’s important to know your budget. Determine what you can realistically afford to spend each month on your mortgage, taxes, and insurance. It’s also important to factor in closing costs and other expenses associated with buying a home.
2. Get Pre-Approved for a Mortgage
Once you know your budget, get pre-approved for a mortgage. This will help you know exactly how much you can afford and will make the home buying process smoother.
3. Choose the Right Realtor
Choose a realtor who is knowledgeable about the market and has your best interests in mind. Look for someone who is responsive, communicative, and will listen to your needs and wants in a home.
4. Research Neighborhoods
Research the neighborhoods you’re interested in. Consider factors such as schools, amenities, and commute times to work. Visit the neighborhoods at different times of the day and week to get a sense of what living there would be like.
5. Look for a Home that Fits Your Needs
Look for a home that fits your needs. Consider factors such as size, layout, and features such as a backyard or garage. Make a list of your must-haves and nice-to-haves to help you narrow down your search.
6. Make an Offer
Once you find a home you love, make an offer. Your realtor can help you determine a fair price based on comparable sales in the area. Be prepared to negotiate and don’t be afraid to walk away if the seller isn’t willing to come down on price.
7. Get a Home Inspection
Once your offer is accepted, get a home inspection. This will help you identify any potential issues with the home before you close. If there are any major issues, you may be able to negotiate with the seller for repairs or a lower price.
8. Close the Deal
Finally, it’s time to close the deal. This involves signing a lot of paperwork and paying closing costs. Your realtor can guide you through the process and make sure everything goes smoothly.
Buying a home can be a stressful process, but with the right preparation and guidance, it can also be an exciting and rewarding experience. Follow this real estate buyer’s guide to help you find the home of your dreams.
I love helping my clients win. I do this by guiding them through the process of listing their homes and when we sell, my clients are making max value.
I have a gameplan as soon as I walk in my client’s door. No home is the same, and each home has its own story. When I see the home, I immediately think of how I will market it and who will more than likely buy it. Will it be an empty nester looking for one level, will it be for a young couple looking to grow a family, will it be a home where the buyers have kids from 8-12 and want extra bedrooms, what are the amenities in the neighborhood?, is there a neighborhood pool, what is the home close to? All these details play a factor with how I will market the home.
The next thing is preparing the home to sell. Again, not all homes are the same, and not all need the same amount of work when preparing it to sell. I work with great contractors that help my clients prep their home to get on the market. I will arrange my preferred contractor(s) to meet me at the home with my clients to walk through the home with us making notes of what will need to be completed prior to going active on the market. I will also help my clients stage the home in regards to making it look its best for photos, videos, etc. Some homes can show well vacant, others need to tell a story. If we need to have the home professionally staged I also have great resources to help my client.
Lastly, the most important thing when listing a home is price. We have to price it correctly to make max value. With almost 15 years of experience, I know the market well throughout the Triangle. I put my client’s in position to sell quickly while making max value at the same time.
Being a former college basketball coach, I loved preparing for the game. I loved putting my players in the best spots for victory. I approach real estate the same way. I now just coach my clients in regards to buying and selling real estate. Once we get the game plan together and we execute, we will win!
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