When you're planning to buy a home, there are several important preliminary steps you need to take.
Selling your Massachusetts home? Get a home value report
Buying a Massachusetts home? Click here for full MLS access
When you’re planning to buy a home, what are some preliminary steps you should take during the process?
First of all, you should meet with an experienced real estate agent. There are many benefits of being represented throughout the homebuying process. When you work with a given agent, you should build a relationship with them so that they can provide you the highest level of personal assistance.
Once you’ve established this relationship, you should obtain a pre-approval or a loan approval prior to getting out into the marketplace. It’s also helpful if you can utilize a daily digital update that is driven by your specific search criteria. This will help make you aware of properties on the market that fit your needs and interests.
A really great agent can also expand your opportunities beyond what is on the multiple listing service. They will be able to give you access to things like private sales, upcoming sales, expired listings, and more.
A really great agent can also expand your opportunities beyond what is on the multiple listing service.
Also remember that a loan approval is preferable to a loan pre-approval. There are even companies right now who can get you a full approval subject to purchase, sale, and appraisal. This enables you to act as if you’re a cash buyer even if you only put down 3.5%.
If you’re selling in order to buy your next one, find out whether your agent can handle both of these transactions. This would optimize your entire experience.
If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.
