New Year, New Home?
If your New Year's Resolution is to buy a home, here are some useful tips to get you started:
Get financially fit. Start saving and review your credit history. Be sure to pay all your bills on time. If you need, or think you need to repair your credit there are many services to choose from. Let us know, we can direct you to a credit counseling service.
How much house can I afford? Know what you can afford before you start looking. This will ensure you don’t waste your time, or set your heart on a home you may not be able to buy. Consult with a mortgage broker, bank, or financial advisor to receive a pre-approval letter. This letter will need to accompany any purchase offers to demonstrate your credibility as a buyer. If you need lender recommendations, we will be happy to provide a few to get you started. We highly recommend speaking to several banks and/or mortgage brokers to learn about different loan products and terms they offer. They are not all the same.
Prepare a checklist. Define the most important home features and begin shopping for your ideal home. By defining these requirements, you won’t waste time looking at houses that don’t meet your needs. Key features include: bedrooms, baths, amenities, garage, age, style, town, and/or neighborhoods.
Start looking. We can help you with your home purchase from start to finish. There is no fee to work with us. Contact The Brokerage Group, a trusted Real Estate Team with over a decade experience representing clients in and around Fairfield County, Connecticut. Tel: 1-203-733-1613 or Email: BrokerageNE@gmail.com