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HOW TO Prepare to Buy a Home

                                                                                                                                                                                                                                                                                                      THE BASICS  |  BUYER

HOW TO

Prepare to Buy a Home

Talk to mortgage brokers.
Many first-time home buyers don’t take the time to get prequalified. They also often don’t take the time to shop around to find the best mortgage for their particular situation. It’s important to ask plenty of questions and make sure you understand the home loan process completely.

Be ready to move.
This is especially true in markets with a low inventory of homes for sale. It’s very common for home buyers to miss out on the first home they wish to purchase because they don’t act quickly enough. By the time they’ve made their decision, they may find that someone else has already purchased the house.

Find a trusted partner.
It’s absolutely vital that you find a real estate professional who understands your goals and who is ready and able to guide you through the home buying process.

Make a good offer.
Remember that your offer is very unlikely to be the only one on the table. Do what you can to ensure it’s appealing to a seller.

Factor maintenance and repair costs into your buying budget.
Even brand-new homes will require some work. Don’t leave yourself short and let your home deteriorate.

Think ahead.
It’s easy to get wrapped up in your present needs, but you should also think about reselling the home before you buy. The average first-time buyer expects to stay in a home for around 10 years, according to the National Association of REALTORS®’ 2013 Profile of Home Buyers and Sellers.

Develop your home/neighborhood wish list.
Prioritize these items from most important to least.

Select where you want to live. Compile a list of three or four neighborhoods you’d like to live in, taking into account nearby schools, recreational facilities, area expansion plans, and safety.

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    Saturday Open house tour 4/22

                                    Champlain Valley Properties Open House Tours

                                       Saturday April 22nd 11am-1pm

                                         Come join us for a morning of Open Houses in Middlebury!

    207 Halladay Road ($335,000)- Inviting home in park like setting

                                                                   1

    253 Fields Road Drive ($345,000)- Spacious 4 bedroom

                                                                   

     19 Kings Row ($259,500)- Charming Cape on Dead end street

                                                                 

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      Celebrating our first year as Champlain Valley Properties

       

       

      Celebrating 1 Year!

      Come and help us celebrate our 1 year Anniversary

      Friday March 3rd

      4-6pm

      Food and Beverages will be served

      Nancy, Robin, Diana, Mandy, John and Brenda

      70 Court St.-(802) 989-7522

                                                                                                           

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        should you add a fireplace to your home?

        Visit houselogic.com for more articles like this.

        Copyright 2017 NATIONAL ASSOCIATION OF REALTORS®

        we are live

        want to learn more about our office, listings or the beautiful state of Vermont? check out our Youtube channel champlainvalleypropertiesvt

        https://www.youtube.com/channel/UCtTWeHcTU00GkXtt4MDSyTQ

         

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          Make Sure Your Biggest Investment Is In Trusted Hands

          Make Sure Your Biggest Investment Is In Trusted Hands

          The market never stops & the REALTOR® Code of Ethics moves with it. Established in 1913, the Code is a living, dynamic statement guiding

          REALTORS® - members of

          the NATIONAL ASSOCIATION OF REALTORS® - in their

          daily professional lives.

          By choosing a REALTOR®,

          you are selecting a

          professional who voluntarily

          holds themself to a higher

          ethical standard.

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            Welcome to our new blog!

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            We look forward to making this the best resource for information about real estate, our local area, and current topics that impact you. Please feel free to comment on our posts if you have questions or reactions to share. If there is anything you'd like to see us write about, we'd love to hear your ideas.

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