If you are currently in the market for your first home, you probably have lots of questions. You are about to make an important decision for your future, a great investment of both money and time. I have a wealth of experience helping first time buyers like you make sound, informed decisions. Here are some tips that can help make your home buying process successful:
Tip #1: Do Your Homework The perfect home wont find you by itself. The key step in buying a home is doing the proper research. Educate yourself on local schools, neighborhoods, and the kinds of homes available. By reading available materials and talking with experts, you can start to put together your idea of the perfect home.
Tip #2: Start Planning Most decisions benefit greatly from proper planning, and home buying is certainly no exception. Start a filing system with sections such as home buying, home financing, and service providers. By forming a home buying plan you can more easily focus on the most important factors and help give structure to the entire process. My website is a great resource for property information.
Tip #3: Get PreQualified Getting prequalified for a loan normally only requires a short phone conversation with a lender, and can greatly help your home search. Prequalification does not guarantee you a loan, but it does provide you with an estimated monthly payment and a price range to use as a guide when shopping for homes. Being prequalified can also often indicate to sellers that you are a serious, prepared buyer.
Tip #4: Look for Value When shopping for homes, its important to consider potential value. Even if youre not planning to sell the home some time down the line, its a good idea to consider the future value of the home. Protect yourself against things like falling prices and gradual shifts in the nature of the neighborhood. You may not think of a new home as a means to make money, but its an important investment that requires caution.
Tip #5: Decide What Youre Looking For Settle on the home features that are important to you (covered parking, hardwood floors, architectural style, etc.) and make an ordered list. Having well established guidelines will help narrow down your search and will prevent you from being shown properties that lack your key amenities. It can help you make the decision not to buy an attractive property that doesnt really fit your needs. My website has a search feature that allows you to filter thousands of listings based on attributes that you select. If you know you want a brick house with gas heat and a garage, you can get the results youre looking for.
Tip #6: Relax You dont have to make an offer on the first home you see. Make sure to look at other listings in the area to get a feel for the marketplace. When you decide to make an offer on a house, consult with your real estate professional so that all of your questions are answered.
Tip #7: Shop Around for Your Mortgage Deciding on the financing for your home can be as important as choosing a home itself. The first step is deciding what kind of loan best fits you: a fixed rate mortgage, or an Adjustable Rate Mortgage (ARM). There are benefits to each form of loan, and your real estate professional can provide you with more information. Next youll want to begin to shop around for different lenders.
Tip #8: Protect Yourself Be careful when signing a contract on a home that allows you to find financing, have the home inspected, and work through any problem areas that may arise. Paying for a quality home inspection is absolutely crucial! You can save yourself thousands in repair costs by being sure of what youre getting into.
JP And Associates REALTORS (JPAR) is one of the top 100 independently owned brokerages in the US. A full service real estate brokerage firm specializing in real estate sales and marketing services with multiple offices across the US and expanding quickly. JPAR is also one of Real Trends top 500 Brokerages in the US for volume and sales and in the top 1% in the US for sales.
Our mission is to provide extraordinary services and exceed our clients’ expectations by always committing to the highest levels of professionalism, ethics and standards in the real estate industry.
JP and Associates REALTORS is a real estate company with a solid structure and foundation built around service and productivity. We believe in providing a fun and rewarding environment for all our REALTORS® and therefore always ready to support our REALTORs® Associates in any market and in any condition. All our REALTORs® will always strive to close more transactions in a given year than the average REALTOR®. Our goal is to recruit and retain the most professional, better trained REALTORs Associates in the local market.
If you are interested in a new career in real estate or already have a real estate license but wish to learn more about our company please contact us directly to set up an interview. We offer our agents a 100% commission plan, company leads, training and mentoring and coaching from TOP Producers with no office, desk fees or monthly marketing fees ever. We are a full service brokerage at a transaction fee cost.
At JP And Associates REALTORS we strive to exceed our Clients AND our Associates expectations.
Whether buying or selling a home, a home inspection will be one of the
"My partner and I decided to buy our first home in 2015. We met Marc at an open house in November 2014. We let him know we wouldn't start looking until April of the following year. He did not bombard us with sales and marketing junk emails after we met. Instead he respected our time frame and reached out every once in a while to see how we were.
When we were ready, he got the ball rolling. Right off the bat he was very clear in letting us know that he wouldn't try to force a home on us. That he wanted it to be a home we felt comfortable purchasing. He asked for our list of wants/needs for our first home and our budget. He also inquired as to what neighborhoods we had looked at and liked. He didn't try to sell us houses that were way over budget and not what we wanted. He actually got the exact neighborhood I wanted and a house I fell in love with.
He let both of us know "You can contact me via email, phone, text, at any time. Even if you think it is too late." We did, although tried not to too late, and he always responded. And he was always personable. We were set to see a house on Saturday, just one, but last minute wanted to see two more. He made it happen.
I never felt confused or uncertain about any part of the home buying process. From beginning to end, Marc made sure to inform us, in detail, of what would happen. And if we had any questions, he was there. It was like working with a good friend who wanted to make sure we were really taken care of.
During the contract process he helped negotiate the price/closing cost and get the price we wanted. Again, making sure we understood all aspects of the contract. Really it all seemed too good to be true. Friends and coworkers were telling me how stressful and exhaustive the process is but we didn't have any of that. Our home buying experience was great, all due to Marc! In fact, he even recommended a fantastic mortgage company and an inspection company. We didn't have any problems, and now we are in our forever dream home.
If any one I know tells me they are looking to buy a home you can bet I'll be recommending Marc Melhado!"