If it is time for your family to start looking for a new home to buy, you definitely will want to look for an experienced, competent real estate agent. Your agent not only helps find suitable houses, this professional can help you deal with all the steps included in purchasing a home. This includes recommending experienced inspectors and helping you understand local laws and regulations, as well as explaining different parts of the escrow process. While that first meeting with your realtor is important, it is also important that you complete a few tasks prior to this first appointment.
Setting a budget is a huge part of the home buying process, and the smartest move is to sit down with a lender and go through the process of loan pre-approval. This means the lender will look at your income and expenses and determine how much the financial institution will loan you based on your ability to comfortably make monthly payments. This pre-approval amount plus any money you have for the down payment is the maximum amount that you can spend on a house, although you certainly can spend less than this amount.
In addition to sharing your budget, your realtor also needs to understand what types of homes you like and what home features you really want. Write down the approximate home size you want, as well as the number of bathrooms and bedrooms. Include information such as wanting an open floor plan, a finished basement and a two- or three-car garage. Other features you might want include a kitchen with an island and granite countertops or a fireplace in the family room. The more you share, the easier it will be for your real estate agent to understand your needs and style.
While your wish list is very important, keep in mind that it’s highly unlikely that you will find a home that truly checks off all the boxes on your list. You have to be willing to make a few compromises, particularly when it comes to items on your list that are mainly cosmetic. Select a few items that you really want, such as being on a cul de sac or staying near a specific school or school district. The location of your home can never be altered, so it’s extremely important that the home is where you want it to be and that you like the size and layout, which also rarely can be changed.
Also be sure to provide your realtor a list of items that you don’t like. This might include highly important elements such as not being located on a busy road or perhaps looking at homes in a specific neighborhood that you don’t like. If you hate contemporary homes or despise split-level home layouts, tell your realtor so that she skips these styles. Many people do not have the budget or time to handle many home projects, so be sure to be clear if you don’t want a true fixer-upper. Sharing your likes and dislikes provides your realtor with a clearer picture of what you want.
If you are ready to begin looking for Fredericksburg homes for sale or Texas Hill Country real estate, give a call to the team at Nixon Real Estate. They can help you find the perfect home for your family and budget, as well as finding vacation homes, land and commercial properties. With nearly 40 years of experience, they can match any client to an ideal property that suits their needs.
Pammy McGrath loves reading real estate blogs. If you are searching for licensed Fredericksburg Texas real estate agents, or to find a Fredericksburg Texas homes for sale, please check out the NixonRealEstate.com website today.