You have finally decided to move ahead and buy your new home. You know the type of home that you want, the neighborhood that you would like, and the price that you are willing to pay. To assure yourself that you have the your best chance to achieve these goals, you should plan to follow these three steps:
1. Find An Experienced Real Estate Agent Who Knows The Marketplace: Buying a home has become more complicated every year. Whether you need information about loan qualifications, property disclosures, home inspections, offers and counteroffers, the experience of your chosen agent can make a dramatic difference in your end result. My multi-year winning sales record in the Bay area will assure you that you are in good hands with me as your agent.
2. Do Your Financial Preparation Immediately: While I will certainly assist you in every way with information about what you will need for potential lenders and basic financial qualification issues, you should get your financial paperwork in order. Know your credit score, have a sense of how much you will be able to pay for a home, and balance it with your current debts. Our goal is to get you preapproved by a lender for a price range of homes that you can purchase, so you have a realistic sense of your search parameters.
3. Be Ready To Act Quickly: In our present economy, many ideal homes are being snapped up immediately, and in some neighborhoods, multiple bids are the order of the day. It is very important to have all your financial issues settled, your loan pre-approval in place, and be mentally prepared to have to make some possible negotiating concessions on the homes that are in special demands.
Obviously, there are many more steps that will have to take place before your final home purchase, but without taking these first three steps your future purchase can be compromised. Whether you are looking in Oakland, Piedmont or any other Bay area home, I will be glad to guide you down the most effective path.Posted by Bruce Wagg on