If you’d like to buy and move into a beautiful new home this spring, then your countdown has already started!
While the spring might seem far away now, the rush of real estate’s biggest season will be here before you know it. There are many things you’ll need to do to get prepped and ready to buy a home.
Here are a few things you should get started on now in January so you’re ready for the spring market!
- Get your finances in order: Now is the time to pull up your budget, your paystubs, your debt, and your credit score. First, make sure that your credit score is strong and that your debt is in a manageable spot. Your lender will look closely at both of these things and it will play a part in your interest rate and your qualification for a mortgage. Then make sure that your expenses, income, and budget are all lined up. Lastly, check on your savings account for your down payment and closing costs and make sure that it’s in good shape.
- Get organized: You’ll need all of your financial paperwork around your taxes, income, debts, and assets handy for your lender. Gather all that paperwork now and organize it in folders or a binder so you’ll be prepared to get pre-approved when you’re ready to start looking at homes.
- Start doing your real estate homework: Your agent will guide you through every step of the buying process, but it’s so helpful for buyers to have some background knowledge of the real estate process. You’ll feel much more confident and informed if you read up on the steps of buying a home and what you should be looking for as a buyer.
- Find the right agent: It’s recommended that you interview at least 3 real estate agents so you can get an idea of what communication and working style best meets your needs. You’re looking for a knowledgeable, experienced agent you can trust and feel comfortable working closely with!
If you want to get started on your journey to buying a new home this spring, just reach out to us!
