6 Steps to Becoming a Homeowner This Summer Email

That Marketing Blueprint: May

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6 Steps to Becoming a Homeowner this Summer

Are you dreaming of becoming a homeowner this summer? With the market shifting, it’s a good time to buy, but it’s important to know the process and plan ahead. Here are 6 steps you can take to make sure you’re ready to purchase a home this summer.

Know your credit score. Having a good credit score is an important of purchasing a home because it shows lenders that you’re trustworthy and have a history of paying your bills on time. To start, find out what your credit score is and what you need to do to improve it if necessary. Pay off any outstanding debts, and make sure all of your bills are paid on time. Then you can start saving for a down payment.

Save up for your downpayment. In order to purchase a home, unless you are a veteran or receive assistance, you will need to put down a downpayment when you buy. A good rule of thumb is to save at least 3-5% of the purchase price of the home you’re interested in, plus, funds for closing costs and future maintenance.

Talk with a lender. It’s always a good idea to talk to a lender before you start seriously looking to purchase a home. Doing so can help you determine what type of loan you qualify for, how much you can afford to spend, and what your estimated monthly payments and interest rate could look like. Taking the time to discuss your options with a lender can help you make an informed decision about the home you want to buy, and can also help you determine if you need to make any changes to your budget or finances before making a purchase. 

Find a real estate agent. A real estate agent is a key player in helping you find the right home and guiding you through the home-buying process. Look for realtors that have solid track records and positive reviews. Ask your friends and family for recommendations, and look online to see what others are saying about potential realtors. Before you make a decision, it’s important to meet with the realtor and have a conversation. Make sure the realtor you choose is someone you trust and get along with.

Understand the market. The real estate market fluctuates all the time, and it is key to understand the market before you start shopping. Talk with your real estate agent about what to expect in this particular season so you are prepared when you step into the buying ring.

Make a list. Create a list of must-haves and prioritize your needs. Know exactly what you need will help you narrow down your options as you begin your search. It will also help you make more informed decisions when you get caught up in the emotions of the buying process.

Following these steps can help make sure you’re ready to become a homeowner this summer. And don’t forget to call me when you are ready!