This article on 3 Things Homebuyers Should Know is an excellent one for all home buyers to read. Home Buyers will also want to be certain to check out the most recent edition of our Home Buyers Guide
While many Realtors want buyers getting pre-approved before they sit down with them, I actually prefer buyers sit down with me first. Not every lender is right for every buyer and this is why I have half a dozen of more that I can suggest to my buyers based on their specific situation. In addition, while most buyers have little if any experience with mortgage lenders, both Andrew Palumbo and I deal with them virtually every day and have for decades so we know their strengths and weaknesses and can share these with our buyer clients.
I’ve assembled a punch list that regardless of your level of experience (novice or expert) can serve as a basic guide. For more details check out these 7 tips for first time homebuyers.
- 1. Find an experienced Buyer Broker who will not engage in dual agency
- 2.- Get Preapproved for a mortgage
- 3. Be realistic
- 4. Buy below your means
- 5. Stop watching HGTV and start watching DIY
- 6. Focus on what really matters
- 7. Lastly, enjoy the search!
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