Starting your life together is the most exciting part in a coupe's life. I guess most of us would want to have a place of our own. My husband I and had been planning of transferring into our own place when the right time and budget comes.
Let's face the fact that buying a home is not as easy as it seems, there so many considerations to partake. My husband ad I are contemplating of buying a mobile home, in fact we have scouted a few places where the homes are located. We have spent a few afternoons driving around the community to check out the conditions in the area and aside from that, to keep us motivated on our goal. The prices of the mobile homes we checked are based on location, which means that if the area is near a commercial complex it is more expensive. Our friend who moved to another state mentioned that Vegas short sales are very popular in their new place, if only we have the same ones here in our area.
To ease the burden of deciding if you really want to buy a home, I just want to share some tips on homebuying process most especially for first timers like us. It is time for you to see in which stage are you in right now or if you have already started with the process.
1. Evaluate your life and finances.
- Before even buying a home consider your status first. Are you able not just financially but also mentally and emotionally? Owning a home is a major commitment. Are you ready to be tied and not move anymore? Before even deciding to look for homes, this is the best time to know if your numbers will support your desire to own a home so better explore it first so that you will know other options you may have, ie : renting.
2. Shop for a loan.
- Once you determine you're ready for the responsibilities of owning a home, it's time to find financing. Chances are, you'll likely be borrowing thousands of dollars, so look around for the best interest rates and loan terms to negotiate the best deal. More than just the sales price, fees are paid for in every part of the process. Make sure you have an understanding of everything you're paying for.
3. Find a house.
- Yeah, this is the best part! Can you just imagine the excitement? Look for homes in neighborhoods that best fits your lifestyle. You may go online and search for sale listings and also do ocular inspections. You may also have the option to talk to real estate agents.
4. Close the deal.
- Negotiate with the price, never go on without making a bargain then make an offer. You may also have the house appraised and inspected so that you will have an idea of the real value of what you are about to purchase. Next will be the paperwork, the next thing you know, you will be moving in your new home.
After reading steps, where do you think you are in now?
This is a sponsored post for Schwartz Law Firm, however, all the points and views and stories mentioned are purely my own.