We've all bee there. After spending days, weeks, even months, searching real estate websites, the perfect home pops up. It's an exciting moment!
So now what?
Unfortunately, the reality of the situation is that it may be too late to snag your dream home if you haven't done the background work to set yourself up for success. However we can help you avoid being unprepared for this moment and get you completely ready. Here are the steps to take before you begin your home search:
- Go through your finances - decide how much you would like to spend on your monthly mortgage, insurance, taxes, utilities, etc. You can use our handy mortgage loan calculator to help you decide. Once you know this, you will have a more realistic idea of the price range of homes you should be looking at. This would also be an opportunity to decide how much of a down payment you can afford.
- See how much you are pre-approved for - after having a better idea of your budget, begin working with a mortgage officer to help you get pre-approved for a home loan. You might be surprised to know CorTrust Mortgage offers a wide range of loan options and interest rates to help fit our customers' needs. Plus, majority of our mortgages are serviced locally, which means all of your claims and questions will be handled by a real person - not an automated operator. Schedule a free consultation or apply online to get the process started immediately.
- Find a realtor - working with a realtor will help get you in to see properties you are interested in more quickly, as well as have first access to newly listed homes (some even before they are listed online). Our mortgage officers often work closely with realtors and can provide recommendations if you are unsure who to work with.
Having these items complete before you begin your home search with help you avoid missing out on great properties. We hope these steps will help you get your dream home effortlessly!