First Time Buyers Take Advantage of Chandler Market
Recent market trends are working in the favor of first time buyers. Just a year ago, the market conditions were hot; buyers competed against one another for homes, often paying full price or more. But now, the market has slowed down and buyers can find great deals. And many of the best deals are to be found in Chandler.
Chandler is a wonderful community for first time buyers. Some of the most affordable real estate in the Phoenix metropolitan area is located in Chandler. Chandler has great schools, a thriving business community, and easy access to large employers for commuting.
So, what can you do to get ready to buy a home in Chandler? Take these easy steps and you'll be ready in no time:
Talk with a mortgage professional. Spend some time with a professional to find out just how much you can comfortably afford and get prequalified for a loan.
Look long and hard at your price range. Just because you can qualify for an expensive home, it doesn't necessarily mean you want to take out that large of a mortgage. Figure out how much monthly payments will be, but don't forget to factor in taxes and insurance. It can boost your monthly payments by a couple of hundred dollars each month.
Fix credit problems. When you work with the mortgage professional, one of the first things you'll look at is your credit rating. Your mortgage consultant can alert you to any potential problems, and help you determine steps you can take to get your credit score up if necessary.
Find a realtor. There are literally thousands of realtors available, but you want to work with someone that really knows the Chandler area, and can guide you to the best neighborhoods. You also want to find a realtor that will listen to you, respect your opinions and only show you homes in your price range or homes that meet your ideal characteristics.
Don't get pressured. There are so many great opportunities in Chandler, there's no need to get pressured into buying a home you'll later regret. Take the time to consider whether the home is right for you. Ask for a home inspection to find any potential problems. Remember, there may be more than one home that is the dream home; you don't have to buy unless you know that this is the right place for you.
You'll find that when you work with a team of professionals, you can find a wonderful home in Chandler that offers you comfort and an opportunity to grow your future wealth.
Search the MLS in Chandler and other Arizona cities: http://www.proonlineagent.com/state.aspx?s=100
Comments(0)