Go Care-Free in Carefree, AZ with these Home Buying Secrets
Are you searching for your dream house in Carefree, AZ? You’ll find plenty of them but it takes more than dreaming to buy a house. The good news is hiring a professional realtor will ensure that you land safely in your new home. Going without one is at the very least risky and can make for a very stressful experience.
Secret #1 – Never Forget about Your Credit Report
The importance of finance has always been underestimated. Every dollar plays a very vital role in your life, especially when you are looking forward to purchase a new home. Keep in mind that you may need to get a loan from the bank or a creditor before you can sign the deal.
However, the first thing the lender will consider before approving your loan is your credit report. This makes it all the more important to be alert about how much you borrow and how soon you repay it. It does not take much for your credit score to shoot sky high, so be careful.
Secret #2 – Play it Safe, get a Pre-Approved Loan
Pre-qualified and pre-approved are two different concepts that people get confused about. Almost anybody can be pre-qualified, meaning that the mortgage officer reviews your overall financial stability and gives you an idea about the loan amount for which you qualify. Next, the mortgage officer runs an extensive check that validates your financial background and credit history. Only after this, the officer will tell you the specific mortgage amount and you will also receive a written commitment that allows you to look for a house within the mentioned price range.
It’s better to go through this process so you don’t waste any time in looking at houses that are outside your price range and getting a pre-approved loan gives you that freedom.
Secret #3 – Understand that Bigger is not Always Better – Consider other Options
Know that a bigger house is not always the best option. The neighborhood may be rocking, but the house may be a bit too much over your budget. It wouldn’t hurt to look at other options and who knows you might find something that’s better than your dream house.
Go professional! Contact Desiree Marshall Today! She can provide valuable advice and unrivaled services in the Carefree, AZ market.