Let’s get started! You have decided you are ready to buy your first home. It’s an exciting time that can also be daunting. Maybe you’ve been wondering how to begin, how to make sure you don’t get taken advantage of, and how to prepare for one of life’s most significant investments. Here to help you is our First-Time Home Buyer’s Guide to Success to get you ready to find the home of your dreams:
First things first. You can’t start searching for your first home until you’ve determined three critical financial factors:
How much debt do you currently have (tip: pay off as many loans as possible and have 3-6 months of living expenses saved before beginning your home-buying process)
Your current credit score – the better the score, the better chance you have of getting approved for a loan; a higher score may also make you eligible for a lower interest rate
How much house you can afford – Contact us to get in touch with one of our preferred lending partners who can help you determine your future house payments.
Find an Expert Realtor
Now that your finances are in order, it’s time to find a professional Realtor to help begin your search. Our agents at Caskey & Caskey and Associates are the best in the business with a proven track record that defines their expertise. Get to know them here – simply click on a photo to learn more about each agent and see why we are proud to call them one of our own. Then contact us to make an appointment to meet in person. Ask questions and get to know each other – your partnership will best succeed when you communicate your desires and trust your new agent to guide you in the process of finding your first home.
Location, Location, Location
Begin your search by getting to know your potential new neighborhood. Now that you’ve partnered with one of our agents, be sure to ask them questions about lifestyle, history, and resale value. Visit the area in the daytime and at night and meet some of the residents to get a feel for your prospective future neighborhood.
Make An Offer
Your expert agent will guide you step-by-step as you begin the process of homeownership. Once your offer is accepted, you will enter into the contract phase, followed by an inspection and appraisal, loan approval, and finally – the close of escrow. Welcome home!