Just like in everything in life, preparation is key. Thus, if you’re planning on a move in 2018, it’s best to start preparing now. It doesn’t matter if you’re thinking of entering the real estate market this month or six months from now; preparing today will help make the process a little less stressful. We’d recommended by starting your research with our real estate resources that we’ve compiled specifically for clients like you. Once you’re done with that, continue your prep by following these steps:
Step 1: Check Your Credit & Get Pre-approved
Take a look at your credit score. You'll want to make sure that your credit is in good standing. If there are any issues, take care of them. If you have a high credit score, you'll get a better finance rate, which could save you on your mortgage payments.
After you know your credit is in check, you can work with a mortgage lender to get pre-approved. Getting pre-approved for a mortgage tells you how much you can afford and when it comes time to make an offer, the sellers will see that you can, in fact, afford the house.
A mortgage broker can be a big help in this process. We recommend Chris Pughe an Accredited Mortgage Professional with Verico Complete Mortgage Services. She is amazing!
Step 2: Make a Wants & Needs List:
The all-important question is, what are you looking for in your next home? A lot of people waste time looking at properties they would have never looked at if they’d just taken some time to prioritize their wants and needs. So, start searching online to help you gain a sense of what it is you desire. Make a list of your top three needs and top three wants. If you’d like some properties emailed to you, just contact us and we’ll get you set up.
Step 3: If You’re Selling: Start looking at improving your home
Start looking at any improvements that you can make to help your home sell. Make repairs, get rid of clutter, and make your home presentable for potential buyers. Knowing your home’s value is helpful in starting the process and knowing where to invest your money. Again, contact us and we’ll help you get the most current value of your home.