So, You've Decided To Buy A Home...

The time has come and you’ve decided to buy a home for the first time or to purchase a new one. Congratulations, the financial and emotional rewards should be some of the best in your life -- there really is nothing quite like owning your own home. Getting there however, can be a confusing journey without a trusted real estate partner. Even if you have purchased a home in the past, the paperwork and processes have recently changed. A professional realtor can be your best friend getting through these changes.

As with other substantial investments, you may be a little nervous as you begin your real estate research. The best way to enter the real estate world is to become a knowledgeable buyer. This guide is designed to answer your questions and provide a simple roadmap for achieving your goals. After reviewing the information detailed here, you should be well equipped to work with your realtor and lender to make informed decisions about your real estate purchase.

Things to consider when purchasing a home

The four key factors most relevant to buying a home are:

Choosing the realtor

Finding the home that “fits”

Making the offer

Financing the purchase

Select the right realtor

Realtors are trained to make the home buying process easy. The right one will maximize the value for your home investment. They will look out for your best interests, searching for the perfect match for your situation. They can also provide valuable information about financing, the local market, preparing an offer, and negotiating the deal. Though steps can be confusing, the right realtor works to clarify everything for buyers regardless of their experience. Transaction details, such as contract finalization and the offer/counter offer process, will be carefully explained to ensure that you have a full understanding of what is involved. Realtors can also be a valuable source of professional referrals and connections, providing advice and recommendations for everything related to your home and community.

The Right Fit

When purchasing a home, it is important to consider all the factors that create the perfect fit. Will there be children or pets in the home? What's the commute time to work, schools, and shopping? Is the neighborhood comfortable and safe? Is a single-family, detached home with a backyard the right fit or is a condominium better for your needs? In addition, every buyer must determine their exact budget. Your realtor can help with all these issues, including specifying the best price range for you. Once you've answered those questions, you can focus your search down to specifics.

Financing

Financing used to be one of the simpler issues to consider when purchasing a home. The buyers went to their bank for mortgage loans with very few choices to select from. Today, the financing options are nearly as numerous as the buyers themselves.

Financing considerations need to be coordinated through a specialist who will arrange the financing best for you. They need to be well-versed in all facets of home financing. Financing complexities require specialists who remain current on the latest market trends.

Attempting to provide home financing advice on this website would be naive and inappropriate. The best service is to provide a qualified recommendation. The link below leads to our mortgage partners. Liz Rhodes highly recommends :

Absolute Mortgage Banking
Palo Alto, CA

Contact Absolute Mortgage Banking

You may contact Eric Trailer at Absolute Mortgage Banking at 650-493-7700 x123 or via email. Please tell him Liz Rhodes sent you.

If you prefer to consult with Liz first, please contact her and tell her your area of interest.

To contact Liz, please call 650-543-1066 or email her.