Friday, April 8, 2022 / by Robin Stone
Tips If you’re Buying a Home This Spring
Get pre-qualified and set your budget. The first thing you should do before shopping for homes is to get in touch with your mortgage lender. Know what you can afford, and get pre-qualified so you can shop confidently and competitively.
Work with an experienced real estate pro. They can help speed up your home search and introduce you to neighborhoods and listings you’d otherwise not have known about. A good agent also helps establish realistic expectations and negotiates to get you the best deal.
Build your credit and your savings. A higher credit score and down payment can land you a better mortgage rate, which can help keep your home purchase more affordable in a rising rate environment.
Avoid buyer’s remorse. Prepare a list of wants vs. must-haves so you can move quickly and dodge decision fatigue. But more importantly, know when to walk away from a deal.