Use these 8 tips to Minimize that Stress…
Buying a home is exciting. The process of buying a home can also be an emotional rollercoaster. It is one of the most intricate and involved transactions a person will ever complete in their lifetime. Preparation is the key ingredient to minimizing the stress that the complexity of a real estate transaction can bring. Use these 8 tips to help you avoid unnecessary stress.
Be a Smart Saver. When it comes to buying a house in Atlanta, saving money toward a down payment can give you more flexibility when it’s time to get a loan. You’ll want to do this long before you start your tour of homes.
Know Thy Credit. Knowing your credit score will give you an idea of how the mortgage company will view you as a borrower which affects your interest rate. Plus, finding out what’s exactly on your report will allow you to resolve any issues prior to applying for a mortgage loan. You can access your credit report once a year for free by visiting AnnualCreditReport.com.
Do Your Research. Learn everything you can about different loan types and any assistance available for buying a home in Atlanta and the metro areas. That way, you’ll have the knowledge to choose the right loan product for you. Remember, you want a loan that you can afford through the life of the loan.
Get Pre-Approved. Being pre-approved allows you to see how much house you can buy and makes your offer more attractive when your real estate agent submits an agreement to a seller. Be realistic about how much you can afford, and make sure you’re living within your means.
Determine What You Really Want. Know what are your negotiables and non-negotiables. This will help keep your real estate agent sane and will save you a lot of time in the long run. Stick to this list, and stay focused on it so you can quickly make decisions on what properties to view.
Have a Professional Real Estate Agent. When buying a home in Atlanta, the Go Getter Team is your professional assistance! There are so many details, laws, rules and regulations around a real estate transaction. It is a lot easier to go through the process when you have professional real estate agents on your side to be your guide and resource.
Understand the Offer. The price you’re willing to pay is only the beginning of an offer. Talk to real estate agents on the Go Getter Team about earnest money, due diligence periods, contingencies, closing time frames and other factors that may make your offer more attractive to the seller while protecting your interests.
Stay Tuned In…even after your offer is accepted. For varying reasons, not all transactions close. You want to be sure you follow our advice and stay on top of your deadlines and tasks so that you have the best chance of getting the keys to your new home in Atlanta!
As a part of the Go Getter Team, our real estate agents pride themselves on preparing Atlanta homebuyers for a successful transaction. We explain the entire process of buying a home and guide you all the way to closing and beyond. Buying a home is an exciting time in your life, and the Go Getter Team is here to be sure you enjoy the process!
If you’ve purchased a home in the past, what tips would you add to this list to minimize stress?