If you’ve been thinking about buying or selling your home this year, maybe it’s time to breakaway from the normal diet & workout new year’s resolutions. Maybe this year it’s time to focus on one of the most important investments you can make; your home.
We recently read an interesting article about Real Estate New Year’s resolutions, and they had some good suggestions for where to get started. Resolutions are easier to keep when you write down specific goals, right? So let’s get these resolutions going.
You can read all the facts and figures about the current market, but the first thing to do is figure out if buying a home is right for you in your current life status and if it aligns with your future goals.
Still want to buy a home? Ok good, that’s what we thought.
Find out your credit history and credit score. Talk to a local lender who can help you with this. If your credit is not great, the lender will give you ways to improve it so you can qualify for the best loan possible.
Alright, now that your credit is out of the way, start your research. Which loan is right for you? There will be pros and cons to different loans, so be sure to see what is out there before you decide. Walk into your bank and give the lonely-looking person behind his or her desk someone to talk to you. It’s what they do so they can teach you what you don’t know about loans. Be sure to compare rates with other banks as well, not just your own.
Last but not least, find yourself a great real estate team. No matter what, you will need a great agent (in comes… wait for it…The Dunn Team!) and a mortgage lender. You may also potentially need a real estate attorney, tax preparer, inspector, etc. But, if you call us first, we will gladly recommend any and all of these professionals.
If you are ready to resolute to home buying or selling in 2014, please let us know and we would be glad to help.
If not, do you have any great resolutions that you care to share? We’d love to hear them in the comments below.
