Quick Tips for Home buyers

Quick Tips for Home buyers

Are you one of the future home buyers that are about to purchase a home? If so, JC Realty Group can help! Everyone’s dream is to own a property and congratulations if you have decided to buy a property for your family. A real estate transaction is a financial decision involving lots of money and a mortgage. As you will be living in your home for many years to come, it is prudent to make a move only when you have found a house that fulfills all your requirements and needs. Here are some tips to make the buying process easy and smooth for first time home buyers.

HomebuyersCheck your credit

What determines the amount of money for a mortgage loan is your credit score. It also decides the interest rate of what your monthly payment would be. Do not apply for a loan if you know your credit score is low as there are chances that your application may be rejected. What you could do is to make a move after improving your credit score by repaying all other debts and disputing accounts that shouldn’t be there.

How Much of a Home You Can AffordHomebuyers

There are houses for sale as well as condos everywhere. As homebuyers, analyzing your own requirements and lifestyle before starting your search for a new home is important. You will require financing, you have to find out the monthly installment that you can repay comfortably to the lender. This EMI tells you the maximum value of a house you can afford. It also tells you the size of the house that you should buy. There is no need to waste yours and your agent’s time in seeing large houses in neighborhoods you cannot afford. In the end, you will save yourself from a headache and disappointment.

HomebuyersLocation is Very Important

Try to find a house in a neighborhood where there are good schools for the education of your kids. However, if your kids are already grown up, you could look for a neighborhood at a lower price range due to this matter. Also, do not buy a house at a low price if it is too far away from your place of work either. In addition, make sure there is no heavy traffic at peak hours because you could regret your purchase as this will be your daily route for many years to come.

Call today to schedule a meeting with one of our realtors at  877-531-1555

Search Homes Here.