What you Need to Tell your Realtor Before the House Hunting Process Begins
Are you getting ready to buy a house? Do you think it’s time to ditch the apartment and start living large, or at least within your means? Maybe you’ve started to look into FHA loans in Fort Lauderdale, or maybe you’re just at the ‘talking’ stage. Either way, there are some things that you’re going to need to tell your realtor before you start the house hunting process in earnest. Take the following into account before you start looking into NHL lending.
Let them Know your Budget
When you’re house hunting you have a certain budget in mind and you need to make sure that the houses you’re looking at actually meet the budget in question. That being said, sit down with your realtor, talk to them about your budget, what you can spend, and even what you might be looking to spend as far as renovations are concerned. Keep in mind that this will include everything from the money you have in your bank account and any potential loans that you could pick up along the way. The more you have at your disposal, the easier things are going to be for you. Still, you can easily find something within your price range so long as you have a good realtor.
Tell Them What You’re Looking For
You can’t just tell your realtor that you’re looking for ‘a house’. That might be accurate but it is a little bit non-specific. To say the least. You need to specify exactly what you are looking for. For example, are you looking for a two-story house? One story? Do you want something that has a basement? What kind of life are you hoping to live in your new house? You could be looking to live alone or maybe you want to raise a family. Either way, it’s something that you need to tell your realtor so that they can narrow it down to a few selections and make sure that they are showing you the right houses.
Talk About your Credit Report
While it might be a very private matter to you, your credit report is important to your house hunting efforts. Your level of credit will easily determine just how much of a loan you can get, and this, combined with your savings could potentially change the entire outcome of your house hunting endeavors. As you can see, there is a lot to think about and your credit report is going to be a huge part of the house buying process.
Know Where You Want to Live
Choosing a house is difficult but if you can narrow it down to a specific area of town then things might be a little bit easier for you. Do you want to live near a school? Do you need to be close to town? These are the questions that you need to be asking yourself, and it is the information that you need to be passing along to your realtor before you begin house hunting.
Choosing a house can be a matter of great difficulty, but a good realtor will be able to point you toward some of the better options in your area. It won’t be too long before you find the right house, get the right loan, and find yourself living comfortably. As always, make sure that you’re looking for the right loan options for you, and of course, asking all the right questions before you sign on the dotted line. It’s time for you to ditch the apartment life once and for all, and start living your life in the house of your dreams.