fbpx

Before Looking at Homes

Home Sales Heat Up in Summer Months
Whether it’s because all those blossoming flowers make people reconsider the American Dream or the fact that moving on a warm afternoon beats hauling moving boxes in the rain, summer is the most popular time for home sales. So, if you’re thinking about becoming a buyer during the next few months, here are a few strategies to get ahead:

Before you start the Sunday drives…
Do your “home” work. Re-familiarize yourself with mortgage terms and the loan process. Then address your financial situation and speak to a loan officer to determine how much house and payment you can afford.

Before you walk through the door…
Before you begin house hunting, it helps to get pre-approved (vs. pre-qualified) for a loan. As you may recall from your last home purchase, pre-approval provides proof that you’re approved for a specific loan amount and is based on verification of income, credit and assets. A pre-approval says that you’re a serious home hunter and gives you an edge over the competition. For pre-approval you’ll need:

Two years of W-2 forms (profit-and-loss statements for the self-employed)
Recent pay stubs
Three months of bank statements
Two years of tax returns
Before you find your dream home…
Now that you know your price range, there’s a lot to consider. Ask yourself these questions to help narrow down your search.

Public Transportation:
Do you need to be near a bus route? Light-rail? Is there a Park-n-Ride close by? What will your commute be?

Neighborhood & Convenience:
Are there renters or owners on your street? How close are markets, coffee shops and dry cleaners? What school district is the house in?

Yard & Garage:
Do you need a dog run? What about a gate? How many cars can go in the garage? Do you like to garden or does mowing make you miserable?

Style & Size:
Do you like archways and hardwoods? Need large closets? Seeking to start a family or prefer a guest room for in-laws?

Privacy & Security:
Gated community or open neighborhood? Looking for a big lot or are closer quarters okay?

When you’re ready, call us and visit www.TurnerRealtors.com for the most up-to-date listing information on all the homes on the market.

Leave a Reply

Your email address will not be published.