Things You Need to Know Before You Buy a Home

by Patricia Braithwaite 12/24/2018

Buying your dream home may prove to be a long, arduous process. Thankfully, those who prepare for the homebuying journey can limit the risk of encountering hurdles along the way. And as a result, these homebuyers may be better equipped than others to enjoy a fast, seamless property buying experience.

Now, let's take a look at three things you need to know before you launch a home search.

1. The current housing market may favor buyers or sellers.

It generally is a good idea to evaluate the current housing market closely. That way, you can differentiate a buyer's market from a seller's market and map out your homebuying journey accordingly.

A buyer's market typically features a wide range of quality houses that may remain available for several weeks or months after they are listed. Comparatively, a seller's market usually is defined by a shortage of top-notch homes, and houses may be purchased just days after they become available.

Regardless of whether you are operating in a buyer's or seller's market, it helps to refine your home search. If you enter the housing market with homebuying criteria, you can narrow your search for your ideal residence. Then, once you find your dream house, you can act quickly to submit an offer to purchase it.

2. You may want to get pre-approved for a mortgage.

If you get pre-approved for a mortgage, you can begin your house search with a budget in hand. You next can hone your home search to residences that fall within your price range.

To get pre-approved for a mortgage, you should meet with a variety of banks and credit unions. These financial institutions can teach you everything you need to know about fixed- and adjustable-rate mortgages. They also can help you make an informed mortgage selection in no time at all.

3. Having a real estate agent at your side can make a world of difference.

Homebuyers who try to navigate the property buying journey alone may struggle to achieve their desired results. On the other hand, if you hire a real estate agent, you can receive expert assistance as you search for your dream house.

A real estate agent understands what it takes to streamline the homebuying cycle. Thus, if you want to acquire a first-rate house as quickly as possible, a real estate agent can help you do just that. Or, if you want to find a stellar residence that won't force you to break your budget, a real estate agent will make it simple to discover an affordable house that suits you perfectly.

Furthermore, a real estate agent can respond to your homebuying concerns and queries. And if you are ever uncertain about how to proceed along the homebuying journey, a real estate agent is ready to provide tips and recommendations.

Want to enjoy a successful homebuying experience? Start planning for the homebuying journey today, and you can boost the likelihood of achieving the best-possible results.

About the Author
Author

Patricia Braithwaite

Braithwaite Realty Specialties Marketing and Sales in the NW Atlanta areas of Cobb and Paulding Counties specializing in both Commercial, Land and Residential properties as the Listing Agent and/or the Buyer's Agent While serving the real estate needs for the great people of NW Atlanta area for more than 20 years, Pat and her Assistants have met and helped many wonderful people. It has been their privilege to help others take their families, their estates or their employees to the next stage in life, obtaining their future dream.

As a Realtor and a Professional, Pat has used her targeted resources to help Buyers and Sellers make valued decisions and move forward with their Real Estate goals and needs. Beyond her many years of helping local Buyers and Sellers reach their dreams, she is a hard working Broker, highly involved with each Client and Sale.

As a highly ranked Rainmaker on Active Rain, a CDPE (Certified Distressed Property Expert) and an ePRO Specialist (National Association of Realtors Marketing Certification) and her active partnership with 11Alive - Marietta, she keeps her interests and knowledge sharp and current. Some of Pat’s professional Community accomplishments include Founding President of the Rotary Club of Dallas, 2015 Member of Rotary Club of East Cobb, Founding Board Member of the Paulding Education Foundation and the Foundation's original Scholarship Foundation Chairperson. In 2006 she was honored with the Atlanta Commercial Board's Multi-Million Dollar Achiever Award.

During the Recession, she turned her focus and abilities to match Buyer and Seller homeowner needs and together, they made major progress through hard work and success, reaching multi-million sales per year. Yes, the Buyers and Sellers worked hard through this process also… and through teamwork and targeted efforts, they succeeded. Now the market has recovered for both Residential and Commercial. Pat and her team reorganized and focused to help both markets achieve their goals for their exciting new future.

Pat loves utilizing her previous years of experience in the corporate world in Sales and Marketing to help her wonderful client base succeed with their goals today. She looks forward to meeting and helping you also.

-Braithwaite Realty