Buying a home is both thrilling and a bit unnerving, especially if you're a first-time home buyer. Both experienced home buyers and first-time buyers alike will benefit from the frequently asked questions below. Before you begin your home search, we recommend that you prepare yourself for the journey by educating yourself. This will ensure you are a knowledgeable home buyer prepared to make a confident home buying decision.
Q - I've never purchased a home before. Where should I begin?
A - Actually, you've already started the process. Fact-finding and reading articles is a great way to become a smart consumer. The highest priorities to focus on before you begin searching for specific areas, neighborhoods, or homes would be to:
Your next step is to contact us. As your home buying specialists, we'll protect your interest and manage the details of the real estate transaction on your behalf to your complete satisfaction. For more experienced buyers, a little brush up on the real estate process wouldn't be a bad idea. Of course, you'll need a really sharp real estate team to protect your interests, too!
Q - With all the bad news about mortgage products and home foreclosures, how do I avoid making a big mistake when deciding which type of loan to select?
A - Once we meet and review your finances along with your home buying needs, you should select a lending consultant. We can recommend several trusted lending professionals or you can choose your own. Having upmost confidence in your lender is important. They should speak to you in easy to understand terms and make you feel at ease. Ask lots of questions and never sign any document until you know what you are signing. More and more lending professionals are recommending fixed interest rate loans and interest rates are still very attractive. Of course, the type of loan that is best for you depends on several factors. Here are just a few:
Because more homes are on the market here in North Coastal San Diego County, your choices are plentiful and the time is right for you to buy!
Are you ready to schedule your home buying consultation? If so, contact us today and together we will review your needs and your budget to help you find the right home for you!