Buying your new home
Find a new home can be an exciting and challenging experience. is important to have a real estate agent who takes the time to understand your needs and style of personal life To help initiate the way of purchase of your new property, take these eight steps:
-    * Step 1: Deciding to buy
-    * Step 2: Hire an agent
-    * Step 3: Ensure financing
-    * Step 4: The home
-    * Step 5: Make an offer
-    * Step 6: Act with due care
-    * Step 7: Close
-    * Step 8: Protect your investment
Step 1: Deciding to buy
The decision to buy your first home is one of the best decisions and take the most important in your life. After all, a home is the most important (and emotional) investment of life for most people. So how do you know if it is the right time to buy your first home?
It is never a bad time to buy the right property. The key is finding a good buy and take the time to assess your financial situation carefully.
Buying a home is an important way to get rich-looking step. Buying your own home is a great investment that has specific economic advantages, including wealth accumulation, the appreciation potential and tax benefits are included. It is also an automatic savings plan, something impossible to achieve when you have to rent!
Here are the most important rule to reduce stress to a minimum: do not have to know everything. Her agent Claudia Verastegui will be pleased to help you along the way.
Step 2: Hire an agent
When looking for a real estate agent to help you, know that good agents put their customers first before everything. This is your dream and your agent is your partner to help realize this dream.
Step 3: Ensure financing
Ultimately, the lender gives prior approval by a specific amount, but YOU decide how much you can comfortably afford each month. Remember, the lender only sees its economic situation on paper. It is your decision how much you are willing to adjust your budget to have the home of your dreams. Mortage Calculator
Step 4: The home
Already obtained prior approval and are ready to begin the search. But how or where to start? There is a wide range of properties and dive into this without any guidance can be overwhelming and confusing. A good agent will help you identify more accurately the properties that fit your criteria. Adequate housing must meet all your important needs and desires many others as possible. Some of the questions you should ask include:
As you see properties, you will notice that your priorities are likely to be adjusted on the fly.
Step 5: Make an offer
Once you have found a home that you love, the next step is to make an attractive offer. While it is likely that when you find a home you love to emotions are to be skin deep, it is important to remember that a home is an investment. Your agent will search for similar properties in the neighborhood to help you determine the market value, and a fair price for your property. Consult the agent to inform and guide throughout the bidding process.
Step 6: Act with due care
The fact that you love to a particular property does not make perfect. Actually, this is where reason must prevail over emotions. You must request an inspection of the property (which we strongly recommend to attend) that will expose hidden problems. This way you know what you'll get before signing the closing documents.
Step 7: Close
Once you have made your offer and completed the inspection process, you will enter the final stretch! To make sure not to jeopardize the balance sheet date or the mortgage, you should be aware of some pre-closing responsibilities. Among which include:
- Stay in control of your credit and financial situation. If you feel tempted to make any major purchase during this time, it is best to talk with your lender.
- Stay in touch with your agent and lender, return all calls promptly and complete documentation.
- Communicate with your agent at least once or twice a week and check with your lender every step of the mortgage financing are completed.
- Make one last visit to the property along with your agent.
- Check with your agent, broker building insurance and lender has prepared the closure report, certified funds and proof of insurance before closing.
Step 8: Protect your investment
Congratulations and welcome home! He completed the process of buying a house, but as with any major process, there is a maintenance plan! Now is your responsibility, and most desirable from an economic point of view, protect your investment for years to come. Perform routine maintenance on the systems of your home is always cheaper to solve major problems later. Be sure to look for signs of leaks, such as water or gas, wear and damage. And remember, your relationship with your agent does not have to end just because the sale is completed. After closing your agent can still help, for example, information for their tax returns, to find contractors and repair services and even to keep updated your property's market value.