Wednesday, June 12, 2013

What are the two most important steps in buying a home?

What are the two most important steps in buying a home?

There probably thousands of articles on the Internet that provide information on "How to buy a home."

They likely all include many very similar items all of which are very important.  However, I believe there are two points that more important than the others.

If you skip or fail to adequately accomplish these check marks, much of the other information will be pretty useless. Those steps include:
  1. Get pre-approved.  You must know up front exactly what you can purchase.  You must have an understanding of the cost of home ownership including some of the items/expenses you can not control.   A budget in hand is key.  It is from this vital information decisions can be made as to location, size, age, etc.   The ability to purchase is key to the entire process.
  2. Get a professional buyer's agent.  Your relationship with your Realtor® is key.  It should be a long term relationship (future referrals, future business).  
If you do these two things first then the rest of the process will be much easier and your chance of success improved.

Whether you are an experienced home buyer or a first time home buyer I suggest you take advantge of your real estate agent's knowledge early on  in the process.   As I see it the responsibilities of professional real estate agents includes the requirement to inform and educate the client in the process.

Don't have a real estate agent?  Send me an email or give me a call if you have any questions.