Whether you are trying to upgrade or downsize, purchasing a new home is an exciting time for experienced and first-time homeowners. Finding the perfect home is sometimes a lengthy process but following these three steps before you begin the search can streamline it.
Hire a Realtor
You may be tempted to start the search for a new home without the help of a licensed realtor so you can save money on realtor fees. While this may seem like a good idea, it can cost you a lot of time and money because realtors know how to navigate the system. A Marin real estate agent knows which properties are available that fit your needs and specifications and can drastically reduce the amount of time you spend looking for a house.
Know What You Want
It is hard to find the perfect house if you don’t know what you want. You may find it helpful to make a list of the things you have to have in your new home to be comfortable. You may need a certain number of bedrooms or bathrooms or you might be looking for a home with a large space for entertaining guests. Some people require a house with a large garage while others what a lot of property. If you take the time to know exactly what you want, you can eliminate a lot of time spent searching for homes that don’t meet your criteria.
Apply for Financing
Most people can’t afford to pay cash for a new home so it is a good idea to visit a bank so you can get prequalified for financing. Once you know how much you qualify for, you can set a realistic budget so you don’t buy a home outside of your price range.
Before you begin the home-buying process, use these three tips. They can help you narrow down your options so you can find the perfect home in less time.