These are some great tips, whether you are staging your home for sale, or if you just want to feel more at-home in your bedroom.
Most people know that it takes a lot of preparation to be able to own your own home. It requires planning and research and isn’t something that can be rushed into! To make sure that you are as prepared as possible, check out this post by L Bee and the Money Tree at Financial Best Life. Here are just some of the things you need to get done before even thinking of buying a home:
-Build your wishlist! Know what you’re looking for. Location? Number of bedrooms? Neighborhood? Fenced in backyard? Garage?
-Get pre-qualified/pre-approved for a mortgage, shop around for the best interest rates.
-Include all fees/closing costs in your budget.
-Have all your financial documents together before applying.
So, you think you’re ready to buy a home! You have a steady job, you have a good amount saved for a down payment, and your credit score is good. You might even be ready to apply for mortgage pre-approval or to start looking for a Realtor. However, even if you’re very prepared, there are still some dire mistakes that may sink your prospects. If you want to be sure to be approved for a mortgage, check out this post by Sarah D’Hondt at the Lighter Side of Real Estate Blog for things to avoid:
-Not STAYING pre-approved- do not open any new lines of credit, make any late payments, or use a credit card.
-Dilly-Dallying- if you see a house you love, make an offer!
-Too low an offer
-Asking too much from the seller and nit-picking the inspection report.
Photo Credit: Frank Hebbert