: A Short Guide To First Time Home Buying

For many people, buying a house could be a daunting task, especially if it’s their first time. The decision you make to buy a property could either save or cost thousands of dollars.

First-time home buyers often get anxious about making decisions that involve the entire process. However, if they follow the guidance of a professional realtor like Go Fish Realty, it becomes a lot easy for them to buy a property.

Here is our small guide that takes you briefly through each step you will likely take during the home buying process.

  1. Start with your research

It’s a good idea to get your research going as soon as you think about buying a house. Setting financial objectives can be aided by reading articles on the home purchasing process, and going through real estate listings can give you an idea of the kind of home you can afford.

  1. Find out how much you can afford

The next stage is determining how much you can afford, especially after you have an idea of the type of property you would like to purchase. To better understand the purchase price, down payment, and monthly mortgage payments, you can use interactive mortgage calculators available online.

  1. Get an early approval for a mortgage loan

Although you can make predictions about how much you can afford to pay when buying a house. However, a conventional mortgage lender might think otherwise. Obtaining pre-approval for a home loan will clearly indicate how much money a lender will offer you. Prepare copies of your financial records to be submitted as part of this process.

  1. Find the right real estate agent

When purchasing or selling a house, real estate agents are key partners. You can get useful information from real estate brokers about houses and neighborhoods that aren’t readily available to the general public. Their local knowledge, bargaining abilities, and expertise in the community you wish to live in can all be very helpful. Real estate agents like Go Fish Realty can be an ideal choice if you are looking for full support throughout your home buying journey.

  1. Select the right home and make an offer

Your real estate agent can help you choose the best properties that are available for sale. Begin visiting homes to get a sense of what you want and don’t want in a home, as well as the facilities available in their neighborhood. Once you find out a property that suits your needs, work with your agent to bargain a reasonable price with the seller.

  1. Sign the contract and close the deal

The property will be legally yours once the deal is completed and all purchase documents are signed. You will get the keys to your new home after the seller gets the check.

Are you ready to sell your property but confused about where to start from? Selling a house may be exciting and emotional, however, it requires a lot of time and energy. Getting optimum results takes a lot of research, proper preparation, and the assistance of a seasoned professional to navigate you through the entire process.

The process seems time-consuming, but following a few simple steps can make it much less stressful and easy.

We have listed a few steps below that you can follow and make the entire property selling journey a smooth one.

Hire a local real estate agent.

You may find a reliable real estate agent to work with by researching their sales history and professional credentials online. To find out how long agents have been in the business, how many sales they have completed, and any certifications they may have attained, look up their web profiles. Pay close attention to if they have used professional images when marketing their properties. Go Fish Realty can be an ideal choice if you want to sell your property quickly and at the best price.

Find out your home price.

Pricing your home correctly is the key to a quick sale. A price that is in line with what similar homes in your market are selling for is the appropriate one. Ask your agent to provide you with market analysis, statistics, and an accurate estimation of your home’s value, as well as the optimum listing price to assist you in selling your property in a reasonable length of time.

Get a home inspection done.

Although a professional inspection could cost you a few hundred dollars, it’s worth spending on it because it will help you avoid surprises when it comes to selling your house. Also, the easiest approach to find any issues before putting your house on the market is to have a home inspection done. Ask the home inspection team you hire for a thorough report on the state of the house and suggestions for upkeep and repairs after the inspection is done.

Market your home.

When you hire an experienced real estate expert to sell your property, you can stay confident that they have a clear plan to market your property. This plan likely includes putting your home on different listing services, holding open houses, and sending out targeted marketing campaigns. They should also utilize high-quality real estate photography to let the buyers know about the property’s true condition. High-quality photos are also essential for marketing your property because most purchasers start their home search online.

Negotiate offers and close the deal.

You are more likely to get many offers on your property if you have hired a real estate agent or conducted your research on the home selling process well. You have two options when you receive an offer: accept it or counter offer. Once a deal has been made, request your real estate agent to help you close the deal. You will be paid, and the sale will be complete once the real estate contract has been signed.

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