Do You Need a Realtor to Buy a Home?

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Buying a home is a major investment, and it comes with a lot of variables. From finding the right neighborhood to determining how much home your budget allows, it is a complicated task. Because of the difficulties involved, many prospective homebuyers decide to work with a full-service realtor. However, if you decide to go on this venture by yourself, here are the top things you’ll want to know before you buy a home without a realtor. 

 

Consider These 5 Things Before Buying a Home Without a Realtor:

Forbes shared 5 times to consider buying a home without a realtor:

1. You’re Related to the Seller

You might be able to avoid hiring a real estate agent if you’re selling a home within your family. In that case, as long as you’ve agreed on a price and other important transaction details, you’ll probably be able to handle it without the seller paying thousands of dollars in commission. Regardless, consult a lawyer to conduct a title search on the property and ensure that all paperwork is properly filled out, reviewed, and filed.

 

2. You Know the Area

When you’re buying a home in a neighborhood you know well, you might not think it’s necessary to hire a buyer’s agent. However, a real estate agent can provide more information than just market knowledge, such as assisting you in finding the right home and negotiating with the seller’s agent.

 

3. You Can Save Money

In rare circumstances, a buyer may be required to pay all or part of a buyer’s agent’s commission. Someone selling a home on their own, for example, might state in their listing that they will not negotiate fees with a buyer’s agent. In this case, instead of hiring an agent, you might decide it’s worthwhile to try to work directly with the seller.

 

4. You Get to Work Alone

Even though they are legally required to represent your interests, you may be wary of dealing with a buyer’s agent. If you believe an agent would rush you into a deal or match you with the wrong house, you might feel more at ease handling it yourself.

When dealing with the seller’s agent, you’ll want to make sure you’re not overmatched. Think of it like negotiating a divorce settlement with just the counsel and expertise of the other party’s lawyer—it might not go well for you.

 

5. You’re Buying a New Home

If you’re only interested in buying a newly constructed home, you might be able to work out a deal with the builder directly. According to the NAR survey, about 6% of buyers worked with a builder or builder’s agent to purchase a home in 2020.

 

real estate agent helping someone with paperwork

 

The Benefits of Working With a Realtor

The best tip for buying a home is not to do it alone. Realtors can assist you with every aspect of shopping for a home. From researching the market to representing you throughout sale negotiations, a realtor’s ultimate job is to provide you with peace of mind. When working with a realtor, they can help you find the home that meets your budget and your lifestyle. Additionally, real estate agents speed up the process of buying a home because their knowledge and experience help them be more efficient throughout the entire process. This means you will save both time and money and have the peace of mind in knowing all the details are being handled by a professional.

Are you interested in learning more benefits of working with a realtor? 

Connect with a Local Expert

The post Do You Need a Realtor to Buy a Home? appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.

Do You Need a Realtor to Buy a Home?

/in , , , , , , , , /by

Buying a home is a major investment, and it comes with a lot of variables. From finding the right neighborhood to determining how much home your budget allows, it is a complicated task. Because of the difficulties involved, many prospective homebuyers decide to work with a full-service realtor. However, if you decide to go on this venture by yourself, here are the top things you’ll want to know before you buy a home without a realtor. 

 

Consider These 5 Things Before Buying a Home Without a Realtor:

Forbes shared 5 times to consider buying a home without a realtor:

1. You’re Related to the Seller

You might be able to avoid hiring a real estate agent if you’re selling a home within your family. In that case, as long as you’ve agreed on a price and other important transaction details, you’ll probably be able to handle it without the seller paying thousands of dollars in commission. Regardless, consult a lawyer to conduct a title search on the property and ensure that all paperwork is properly filled out, reviewed, and filed.

 

2. You Know the Area

When you’re buying a home in a neighborhood you know well, you might not think it’s necessary to hire a buyer’s agent. However, a real estate agent can provide more information than just market knowledge, such as assisting you in finding the right home and negotiating with the seller’s agent.

 

3. You Can Save Money

In rare circumstances, a buyer may be required to pay all or part of a buyer’s agent’s commission. Someone selling a home on their own, for example, might state in their listing that they will not negotiate fees with a buyer’s agent. In this case, instead of hiring an agent, you might decide it’s worthwhile to try to work directly with the seller.

 

4. You Get to Work Alone

Even though they are legally required to represent your interests, you may be wary of dealing with a buyer’s agent. If you believe an agent would rush you into a deal or match you with the wrong house, you might feel more at ease handling it yourself.

When dealing with the seller’s agent, you’ll want to make sure you’re not overmatched. Think of it like negotiating a divorce settlement with just the counsel and expertise of the other party’s lawyer—it might not go well for you.

 

5. You’re Buying a New Home

If you’re only interested in buying a newly constructed home, you might be able to work out a deal with the builder directly. According to the NAR survey, about 6% of buyers worked with a builder or builder’s agent to purchase a home in 2020.

 

real estate agent helping someone with paperwork

 

The Benefits of Working With a Realtor

The best tip for buying a home is not to do it alone. Realtors can assist you with every aspect of shopping for a home. From researching the market to representing you throughout sale negotiations, a realtor’s ultimate job is to provide you with peace of mind. When working with a realtor, they can help you find the home that meets your budget and your lifestyle. Additionally, real estate agents speed up the process of buying a home because their knowledge and experience help them be more efficient throughout the entire process. This means you will save both time and money and have the peace of mind in knowing all the details are being handled by a professional.

Are you interested in learning more benefits of working with a realtor? 

Connect with a Local Expert

The post Do You Need a Realtor to Buy a Home? appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.

Must-Haves and Nice-To-Haves Lists

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Finding your dream home may not be easy, but there are things you can do to make it easier, like creating a “Must-Haves” list and a “Nice-To-Haves” list. These lists allow serious home buyers to save time, energy, and ultimately, money as they prepare to buy a home.

A Must-Have List is exactly what it sounds like, a checklist of the details that are non-negotiable for your new home. It’s essential to sit down and think about the things you need in order to feel comfortable there for the next 7-13 years.

Your “Nice-To-Haves” list is a checklist of details that you’d like to have, but you can live without. This list is great for those things that you’ve always dreamed of but may be out of reach for reasons such as your budget or location. This list may include things like fireplaces or gas appliances, a pool, or other non-essential items.

Your “Must-Haves” list focuses your search and helps your agent narrow down which homes are worth your time. Your “Nice-to-Haves” list will help you determine what you’re willing to sacrifice, which will ultimately solidify your must-haves.

These lists can also help manage your expectations regarding price. Take your lists to your real estate agent, along with your pre-approval from a lender, and you’ll be able to work together to determine what is a reasonable ask within your budget and your desired location.

Creating Your “Must-Haves” List

The first step is to think about the essentials. If things like location and number of bedrooms and bathrooms are a priority, then you’ll want to include them in your must-haves. Consider where you live now and use that as a starting point; what do you love and what are you missing? You may need more storage space, or an extra room to work remote, or a larger backyard for the newest member of the family.

Here are some questions to ask yourself as you build your “Must-Haves” list:

  • Where do you want to live? (Be as specific as you can.)
  • What do you have now that you can’t live without?
  • What are you missing now that you may need for the next several years?

If you’re struggling to determine what it is you need to have, you can start working on your “Nice-To-Haves” list. This can also help you determine what is essential. For example, it may be nice to have five bedrooms when in reality, a three-bedroom house with a flex space that works for an office or guest room would do the trick.

Creating your “Nice-To-Haves” List

While you’re working on your “Nice-To-Haves” list, you’ll be thinking about the parts of a home that would be great to have but aren’t as important for you. You might also want to take into consideration what is reasonable in your area and if it’s a common amenity.

Here are some questions to ask yourself as you build your “Nice-To-Haves” list:

  • What home upgrades are you willing to make?
  • What is something you’d like to do in your house more often?
  • What do you have in your current home that you love, but don’t need?

Searching for Your Next Home

These lists will help guide you and your real estate agent as you search for your next home. During this process you might realize some aspects aren’t as important to you as you thought, and vice versa. Keep your agent in the loop as you update your lists so they can continue to search for the perfect home for you.

Looking for a real estate agent who can help guide you through the home buying process? Connect with an Agent:

 

The post Must-Haves and Nice-To-Haves Lists appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.

Must-Haves and Nice-To-Haves Lists

/in , , , , , , , , , /by

Finding your dream home may not be easy, but there are things you can do to make it easier, like creating a “Must-Haves” list and a “Nice-To-Haves” list. These lists allow serious home buyers to save time, energy, and ultimately, money as they prepare to buy a home.

A Must-Have List is exactly what it sounds like, a checklist of the details that are non-negotiable for your new home. It’s essential to sit down and think about the things you need in order to feel comfortable there for the next 7-13 years.

Your “Nice-To-Haves” list is a checklist of details that you’d like to have, but you can live without. This list is great for those things that you’ve always dreamed of but may be out of reach for reasons such as your budget or location. This list may include things like fireplaces or gas appliances, a pool, or other non-essential items.

Your “Must-Haves” list focuses your search and helps your agent narrow down which homes are worth your time. Your “Nice-to-Haves” list will help you determine what you’re willing to sacrifice, which will ultimately solidify your must-haves.

These lists can also help manage your expectations regarding price. Take your lists to your real estate agent, along with your pre-approval from a lender, and you’ll be able to work together to determine what is a reasonable ask within your budget and your desired location.

Creating Your “Must-Haves” List

The first step is to think about the essentials. If things like location and number of bedrooms and bathrooms are a priority, then you’ll want to include them in your must-haves. Consider where you live now and use that as a starting point; what do you love and what are you missing? You may need more storage space, or an extra room to work remote, or a larger backyard for the newest member of the family.

Here are some questions to ask yourself as you build your “Must-Haves” list:

  • Where do you want to live? (Be as specific as you can.)
  • What do you have now that you can’t live without?
  • What are you missing now that you may need for the next several years?

If you’re struggling to determine what it is you need to have, you can start working on your “Nice-To-Haves” list. This can also help you determine what is essential. For example, it may be nice to have five bedrooms when in reality, a three-bedroom house with a flex space that works for an office or guest room would do the trick.

Creating your “Nice-To-Haves” List

While you’re working on your “Nice-To-Haves” list, you’ll be thinking about the parts of a home that would be great to have but aren’t as important for you. You might also want to take into consideration what is reasonable in your area and if it’s a common amenity.

Here are some questions to ask yourself as you build your “Nice-To-Haves” list:

  • What home upgrades are you willing to make?
  • What is something you’d like to do in your house more often?
  • What do you have in your current home that you love, but don’t need?

Searching for Your Next Home

These lists will help guide you and your real estate agent as you search for your next home. During this process you might realize some aspects aren’t as important to you as you thought, and vice versa. Keep your agent in the loop as you update your lists so they can continue to search for the perfect home for you.

Looking for a real estate agent who can help guide you through the home buying process? Connect with an Agent:

 

The post Must-Haves and Nice-To-Haves Lists appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.

How to Choose the Best Flooring

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Flooring is a key component of a home’s design and can often be the centerpiece of a renovation or remodel. Because it covers such a large surface area it will significantly impact the look and feel of your home, so choosing the right material can be stressful. Weigh your options before making a decision. Learn about the different types of material, assess your budget, and form a plan for installation.

How to Choose the Best Flooring

Room Function

How you spend time in any given room will help you decide which type of flooring is best. In your home office, choose the flooring that best accommodates your working needs. Carpet can be comforting while hardwood and laminate are more durable. Entryways, mudrooms, playrooms, and pet rooms will undoubtedly see their fair share of dents, cracks, and dings, so a resilient material is best for these areas. Consider materials that are strong and easy to clean, such as tile. The kitchen is a high-traffic area that is constantly being cleaned and re-cleaned. Explore solid yet easy to clean materials like vinyl, hardwood, and ceramic tile. If these common flooring materials aren’t to your liking, certain alternative flooring options may appeal to you, including bamboo, cork, and concrete.

Budget

Your budget will be a major deciding factor in which type of flooring you ultimately install. Are you replacing your flooring as part of a larger, full-scale remodel? If so, there may be other projects that will warrant a larger share of your budget. Are you looking to make the flooring a selling point of the home? If so, you’ll likely dedicate more money towards the material and installation. Talk to your agent about which types of flooring have the best resale value and what buyers in the area are looking for. For example, if you live in a climate that experiences cold temperatures, heated flooring may give your home a competitive advantage over other listings when it comes time to sell.

Installation

There are two approaches to a flooring installation: DIY or professional. Installing your flooring on your own is a great way to save money on the project, but it’s also a lot of added responsibility. Before making the decision to install on your own, understand the risks involved with the project and the time it will take to complete it. Vinyl and laminate flooring tend to be easier to install DIY. Hiring a professional will come with increased costs, but you’ll be paying for higher quality work that will increase the value of your home. More involved flooring installations such as hardwood are usually best handled by a pro.

Style & Color

After your budget has been set and you’ve decided on how to install, then comes the fun part. When choosing the style of your flooring, think about how it will interact with the space. Will the flooring be the focal point of the space? Will it compliment the features of the room and the surrounding décor? Knowing these answers will help to sort out the fine details, such as the specific shade of tile or the grain of wood.

Maintenance

At the end of the day, you may simply be looking for flooring that’s easy to take care of. In that case, explore common low-maintenance materials like vinyl and laminate. Vinyl flooring—whether it’s tile, sheet, plank, or peel-and-stick—requires little care compared to high-maintenance flooring such as solid or engineered wood.

 

For more information on home design, visit our Design page. To learn more about interior design, visit our Design Styles page.

The post How to Choose the Best Flooring appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.

How to Choose the Best Flooring

/in , , , , , , , , , , , , , , , , , /by

Flooring is a key component of a home’s design and can often be the centerpiece of a renovation or remodel. Because it covers such a large surface area it will significantly impact the look and feel of your home, so choosing the right material can be stressful. Weigh your options before making a decision. Learn about the different types of material, assess your budget, and form a plan for installation.

How to Choose the Best Flooring

Room Function

How you spend time in any given room will help you decide which type of flooring is best. In your home office, choose the flooring that best accommodates your working needs. Carpet can be comforting while hardwood and laminate are more durable. Entryways, mudrooms, playrooms, and pet rooms will undoubtedly see their fair share of dents, cracks, and dings, so a resilient material is best for these areas. Consider materials that are strong and easy to clean, such as tile. The kitchen is a high-traffic area that is constantly being cleaned and re-cleaned. Explore solid yet easy to clean materials like vinyl, hardwood, and ceramic tile. If these common flooring materials aren’t to your liking, certain alternative flooring options may appeal to you, including bamboo, cork, and concrete.

Budget

Your budget will be a major deciding factor in which type of flooring you ultimately install. Are you replacing your flooring as part of a larger, full-scale remodel? If so, there may be other projects that will warrant a larger share of your budget. Are you looking to make the flooring a selling point of the home? If so, you’ll likely dedicate more money towards the material and installation. Talk to your agent about which types of flooring have the best resale value and what buyers in the area are looking for. For example, if you live in a climate that experiences cold temperatures, heated flooring may give your home a competitive advantage over other listings when it comes time to sell.

Installation

There are two approaches to a flooring installation: DIY or professional. Installing your flooring on your own is a great way to save money on the project, but it’s also a lot of added responsibility. Before making the decision to install on your own, understand the risks involved with the project and the time it will take to complete it. Vinyl and laminate flooring tend to be easier to install DIY. Hiring a professional will come with increased costs, but you’ll be paying for higher quality work that will increase the value of your home. More involved flooring installations such as hardwood are usually best handled by a pro.

Style & Color

After your budget has been set and you’ve decided on how to install, then comes the fun part. When choosing the style of your flooring, think about how it will interact with the space. Will the flooring be the focal point of the space? Will it compliment the features of the room and the surrounding décor? Knowing these answers will help to sort out the fine details, such as the specific shade of tile or the grain of wood.

Maintenance

At the end of the day, you may simply be looking for flooring that’s easy to take care of. In that case, explore common low-maintenance materials like vinyl and laminate. Vinyl flooring—whether it’s tile, sheet, plank, or peel-and-stick—requires little care compared to high-maintenance flooring such as solid or engineered wood.

 

For more information on home design, visit our Design page. To learn more about interior design, visit our Design Styles page.

The post How to Choose the Best Flooring appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.

Renovating Your Short-Term Rental

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Renovating your short-term rental property will not only keep it in peak condition but will also help it stand out to potential renters. Completing remodeling projects with the goal of increasing the return on your investment is a matter of identifying which renovations make sense for the home, putting together a plan, and taking steps to minimize the risk of the projects going over budget.

 

Start with Repairs

Because rental properties are by nature a source of income, it’s worth your while as the homeowner to reduce maintenance costs wherever possible. This can often mean spending money in the short term on repairs and replacements in order to save money down the road. Furthermore, by upgrading your appliances, fixing leaks, and updating any outdated features, you will provide the most accommodating environment for your renters. Making these improvements can also help set your rental apart from other properties, giving you a competitive advantage in the market. As you go about making repairs, don’t forget to check the working condition of all faucets, electrical outlets, and lights.

 

Renovating Your Rental

Understanding the scope of your renovations and the motivation behind them before you get started will help formulate your plan moving forward. Are you looking to upgrade the home to sell it in the future? Are you renovating to increase rent? Or are you simply looking to be more competitive in the local rental market? Knowing the answers to these questions won’t necessarily change your renovation plans, but it will provide guidance as you enter the remodeling phase. Consider talking to your Windermere agent about how different projects may affect the value of the property.

Even a small-scale renovation can make a big difference in the minds of renters. To create the best first impression from the get-go, consider boosting your home’s curb appeal. Projects like exterior painting, refinishing a deck, and power washing your siding and walkways will help provide an inviting outdoor setting for your renters.

When it comes to interior renovations, kitchens are a great place to start. Thankfully, kitchen makeovers can be simple. Identify the areas of your kitchen that need repair first, then expand your project list from there. Next, consider upgrading the bathroom. Begin by checking your pipes, drains, and p-traps for any signs of wear and tear. Simple things like painting the vanity and updating the bathroom hardware can also make a big impact.

Last but not least, if you decide to hire a professional to renovate your rental property, be sure to gather multiple bids and compare prices before making your final decision.

Learn more about the pros and cons of investing in vacation rentals here: Vacation Home or Income-Producing Investment. You can also read about vacation home renovations by season here: Renovating Your Vacation Home.

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Relocating for Remote Work

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As the ubiquity of working from home continues, many homeowners are making the decision to move. Whether the motivation for relocating is to lower the cost of living, to be closer to family, or simply a fresh start, there are various factors to keep in mind when relocating for remote work.

Before You Relocate

Before you make the jump to a new life in a new place, making time for some strategic planning will help ensure your relocation goes as smoothly as possible. A logical first step is to consider the financial impact of your move. Depending on your company’s policy, there may be adjustments to your pay when you relocate. If this is the case, factor in your pay change as you form your relocation budget. Research the cost of living in your new hometown to understand how a compensation adjustment may affect your home search and your lifestyle once you move.

If you are moving out of state, relocating could affect your benefits and your taxes as well. There’s a chance that your employer’s health insurance plan does not offer coverage in the state you’re moving to. Talk to your employer to discuss your options. Before moving out-of-state, find out whether the two states have a reciprocal tax agreement, especially if you’re moving between states that have differing income tax regulations.

Your New Home for Remote Work

Working remote has given homeowners the freedom to choose their desired location, unbound by a work commute, especially if their company has indicated that there are no clear signs of returning to in-person work anytime soon. Knowing your desired work environment will help to tailor your home search. If you’re looking for peace and quiet while you work, explore listings in rural areas. If the hubbub of city life is your idea of a comforting backdrop, direct your attention to metropolitan areas.

For the remote worker, it’s more important than ever that your home accommodates your working needs. As many homeowners have experienced throughout the pandemic, you spend a great deal of time in your home office, so finding the home with the best workspace for you should be a priority. If you desire a private area where you can focus, a home with an open floor plan may not be the best choice. Instead, you may want to look for homes with a separate bonus room or extra bedroom.

Once you’ve moved into your new home, it’s time to put together your home office. Whether your previous home office was a professionally curated environment or a makeshift workspace in the corner of a room, a new home means a fresh start for your remote work. Like many homeowners, by now you’ve likely got a solid grasp on what your ideal home office looks like. Keep those elements alive when you relocate and enjoy productive workdays in your new home.

The post Relocating for Remote Work appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.

Relocating for Remote Work

/in , , , , , , , , , , , , , , , /by

As the ubiquity of working from home continues, many homeowners are making the decision to move. Whether the motivation for relocating is to lower the cost of living, to be closer to family, or simply a fresh start, there are various factors to keep in mind when relocating for remote work.

Before You Relocate

Before you make the jump to a new life in a new place, making time for some strategic planning will help ensure your relocation goes as smoothly as possible. A logical first step is to consider the financial impact of your move. Depending on your company’s policy, there may be adjustments to your pay when you relocate. If this is the case, factor in your pay change as you form your relocation budget. Research the cost of living in your new hometown to understand how a compensation adjustment may affect your home search and your lifestyle once you move.

If you are moving out of state, relocating could affect your benefits and your taxes as well. There’s a chance that your employer’s health insurance plan does not offer coverage in the state you’re moving to. Talk to your employer to discuss your options. Before moving out-of-state, find out whether the two states have a reciprocal tax agreement, especially if you’re moving between states that have differing income tax regulations.

Your New Home for Remote Work

Working remote has given homeowners the freedom to choose their desired location, unbound by a work commute, especially if their company has indicated that there are no clear signs of returning to in-person work anytime soon. Knowing your desired work environment will help to tailor your home search. If you’re looking for peace and quiet while you work, explore listings in rural areas. If the hubbub of city life is your idea of a comforting backdrop, direct your attention to metropolitan areas.

For the remote worker, it’s more important than ever that your home accommodates your working needs. As many homeowners have experienced throughout the pandemic, you spend a great deal of time in your home office, so finding the home with the best workspace for you should be a priority. If you desire a private area where you can focus, a home with an open floor plan may not be the best choice. Instead, you may want to look for homes with a separate bonus room or extra bedroom.

Once you’ve moved into your new home, it’s time to put together your home office. Whether your previous home office was a professionally curated environment or a makeshift workspace in the corner of a room, a new home means a fresh start for your remote work. Like many homeowners, by now you’ve likely got a solid grasp on what your ideal home office looks like. Keep those elements alive when you relocate and enjoy productive workdays in your new home.

The post Relocating for Remote Work appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.

The Importance of Pre-Approval

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To set yourself up for a smooth and successful home purchase, getting pre-approved is perhaps the most productive first step you can take. It strengthens your buying credibility, informs your home search, and speeds up the closing process.

The Pre-Approval Process 

There is an important distinction to made between two important steps of your mortgage application process: pre-qualification and pre-approval. They are similar in that they both help to inform your financial standing, but there are key differences between the two.

Pre-qualification

Pre-qualification is the first step in your mortgage application process. It will help you to understand the approximate loan amount you can expect to qualify for. You’ll begin by sharing your financial information—debt, income, assets, etc.—with you bank or lender. After reviewing the information, the bank or lender will give a loan estimate. The process is relatively simple, only taking a few business days to process.

Pre-approval

The pre-approval process is more involved than pre-qualification. After submitting a mortgage application, your lender will require all the necessary info to conduct a thorough credit history check and review of your financial health. Getting pre-approved will give you a better idea of how much you can borrow, estimated monthly costs, and what interest rates you can expect on your loans. Mortgage pre-approvals are typically valid for 60 to 90 days.

 

Benefits of Pre-Approval

Credibility

The truth is, each home on the market can only go to one buyer. To maximize the chance that your offer is accepted, sellers need to know that your offer is serious. Getting pre-approved shows that you are financially prepared and, in the event that your offer is accepted, there will be no hold ups in obtaining your mortgage. This assurance is what sellers want to know about their potential buyers, especially in a seller’s market.

Home search

Not only does pre-approval help to bolster your case as a buyer, but it also Indicates your affordable price range. By knowing your budget, you will be able to hone your home search and start preparing offers, eliminating any potential wasted time looking at houses you can’t afford.

Closing process

Once your offer is accepted, you’ll be counting down the days to move-in. Unfortunately, the closing process can often drag on, leaving buyers feeling like they’re in post-purchase limbo. Pre-approval will speed up the closing process, since the mortgage approvals have already been taken care of, allowing you to focus on next steps like appraisals and inspections.

 

When to Get Pre-Approved

Being financially prepared for a home purchase is a solid indicator that you’re ready to go about getting pre-approved, but what does that look like? Buying a house means taking on serious debt, so it’s important to either have your remaining debt paid off or have a clear path to becoming debt-free before getting pre-approved. Having adequate savings for a down payment is a sign that you’re ready to make your offer. For any questions about the pre-approval process and to get connected to a mortgage professional, contact your Windermere agent.

Writing

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