Today we are going to talk about the three things you need to know before buying a house. These three tips apply to any home. Most people think that purchasing a home is easy, but it can be much more complicated than people anticipate. It’s something that you’re not going to do that often in your lifetime, and we know that it can be a stressful process. It involves the largest amount of money you’re probably going to put out there or use to purchase something in your life.
It’s very important to have somebody there that understands the legalities of the real estate process, knows how to navigate it, can help you locate the home, negotiate the contract, work through things that happen in inspection, due diligence issues, paperwork, and even just scheduling all of those inspections. It can become a very exhaustive process very quickly.
There’s just a lot to do. There’s a lot involved, but there’s a way to keep things pretty simple. Here are three tips to help you simplify the home buying process, that everyone should know.
1) Know Your Credit Score
Know your credit score. Know what your credit score looks like right now and what your finances look like. We highly suggest spending some time getting to know your finances. Go online, where there are plenty of resources. Don’t always fill it out your information, but there are plenty of safe, downloadable resources to turn to, such as Credit Karma. We personally recommend using Credit Karma as a way to keep an eye on and monitor your credit. It can help walk you through how much you have in your bank account, how much you have in savings, and how much debt you have. Using a program like Credit Karma can help you see your finances on paper and have a better understanding of where they stand as a whole.
2) This is Not a TV Show
This is not a TV show. We all have our favorite channels that we like to watch on TV (we’re talking to you HGTV), but things don’t always turn out as pretty as they do on TV. You might find your first house and love it, or it might take a little while. It’s all a part of the process, and it’s being committed to it. It’s really important that you make yourself available and open through the entirety of the home-buying process.
3) Know Who’s in Your Corner
Know who’s in your corner. Make sure you have somebody that represents you and your best interests. A lot of people think that if they go to an open house or a new construction community, that the agents on site are there to represent them. And while they might be professional towards you and answer any questions you may have, remember we are in North Carolina and that Southern hospitality is very much a thing here. On-site agents are there to represent the seller, not the buyer.
It’s important to understand how buyer versus seller representation works, and what each can help you with. Aliyah is a Buyer’s Agent on our team, meaning she specializes in buyer representation, and is always available to review the process with you, but anyone on our team would love to speak with you further on how we can help you meet your real estate needs.
Please reach out to us with any questions you may have. You can find us on Facebook and Instagram, and our number is (336) 906-8785. You can also learn more about us and view available properties by exploring our website www.bruinsrealtygroup.com. And if this post helped you at all, please share it!