Are You Prepared to Buy a Home?


Follow these suggestions to start off on the right foot on your home purchase.

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If you’re considering buying a home within the next three to 12 months, have you thought about what needs to be done first? Here are my recommendations for what to do when preparing to purchase a property:

1. Talk to a lender. The reason you want to speak to them this early is that you need to confirm the status of your credit, what you can qualify for, and if debts need to be paid off before moving forward. The better your credit score and the less debt you have, the lower your interest rate will be. Your lender will tell you if there’s anything you need to do. For example, they may say that instead of putting so much money down on a house, it would be better if you paid off your car loan.

"Start doing your due diligence early—it can be fun!"

2. Drive around and look at different areas. Find out which areas you’re interested in purchasing in because you don’t want to begin your property search in seven different areas. You want to narrow down your search to two or three. Also, when you go to open houses, consider what you like about the structure of the home and the floor plan. Start getting to know what you like and what you don’t so that when the time comes, you can rule out houses that you know aren’t right for you.

Start doing the prep work now because it’ll make the process so much easier when the time comes. Hopefully, these tips will also get rid of a couple of unknowns when you’re ready to purchase. Start doing your due diligence early—it can be fun!

If there’s anything we can do to help you, we’re always here. Call or email us if you have questions or real estate needs.

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