Now is the time to start looking for a Rehoboth Beach home...mortgage rates are low, and homes are being added to the market daily. If you are looking to buy a new home, you need to be prepared before going out in search of the perfect property. Here are some things that every prepared house hunter should have when they go.
How much do you want to spend? — Calculate the amount you can spend on a monthly mortgage payment. Make sure you take the cost of insurance and taxes into consideration. Then, go to the bank and get yourself pre-approved for a loan. The bank may tell you that you can afford more than you want to spend, so be aware that you restrict your search to what you are comfortable with. If the bank says you can afford more than you want to spend, ask them for a pre-approval letter that lists the smaller number. There is no need to let sellers know you have additional funding available.
What do you want in a home? — Make a checklist of the things that are important to you and bring it along when you are looking at homes. If you are looking at many homes, this will come in handy as you review your options. Write on the checklist what you liked or did not like about the home, and add items to the list as you progress. After you see a few homes, it will be difficult to remember the specifics when you get home, so these sheets will be helpful when narrowing down your choices.
Who will help you? — A good REALTOR® can help you get through the nuances of a home purchase. A REALTOR® that knows the specific market that you are looking in can assist in more quickly identifying candidates so make sure you communicate exactly what you are looking for in a home.
If you are looking for a new Rehoboth Beach home, please contact us. We have experienced REALTORS® that know the area and will help you find the perfect property for you.#shareaholic#