So you’re ready to buy your next home. Maybe this is even your first home buying experience! Mark Hein, eXp Realty real estate agent, shares a soft reminder of what everyone’s first step should be towards buying a new home — whether it’s your first or last.
Know Your Budget
Wandering through neighborhoods to attend open houses can be a joy. Attending these events can help you get a better idea of what’s out there, what you like and who your competitors are in the home buying process. However, it’s important to know your budget from the start. While it can be fun to check out dream houses that you can’t quite afford (just yet), Mark Hein, eXp Realty Real Estate Agent, strongly recommends setting your budget early on. This helps to make your search more intentional so that you can be closer to finding that perfect home for you and your family. While it can be fun to check out homes outside of your price range, this can be quite demotivating. Imagine finding the house of your dreams but knowing from the start that you don’t have a chance in the world to afford it… now that’s not a good open house weekend well spent, if you ask Hein.
Speak to a Lender
The first step in figuring out what home you want to buy is knowing what your budget is. It’s not so much the price of the home but what you want to spend every month. If you haven’t spoken with a lender already, Mark Hein of eXp Realty would be happy to refer you to a great one. A lender can let you know which loan programs might be right for you and have you well on your way to better understanding your budget.