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Purchasing a New Home? 5 Top Tips For Home Buyers

April 3, 2013 by · Leave a Comment 

5 Tips For Purchasing Your New HomeIt’s a great time to buy a new home because there are quite a few homes for sale in Northwest Indiana and interest rates have continued to stay comparatively low.

Whether it’s your first time purchasing real estate or you’re a seasoned professional, here are 5 top tips to make shopping for a new house more pleasurable.

Click here to apply for your FREE home loan approval.

1. Get Help

Searching through all of the available properties on the market can be mind-boggling.

Find a professional real estate agent to help guide you through the homes for sale in Northwest Indiana and select one that meets your family and financial needs.

Click here to apply for your FREE home loan approval.

2. Start Looking Now

Finding the perfect house can take longer than you might think, especially in today’s competitive market.

If you’re looking at getting a good deal on a foreclosure or short sale, then these transactions can take even longer because you’re likely waiting on the bank to make the final call on your purchase transaction.

Try to be patient. The more thorough you are in your search, the happier you’ll be in the long-term.

Click here to apply for your FREE home loan approval.

3. Dont Settle For The First Place You See

Searching for a house in Northwest Indiana can be extremely emotional.

If you think you’ve found the one, then take a step back, consult your real estate agent and go over your housing checklist one last time before writing an offer.

Click here to apply for your FREE home loan approval.

4. Weigh The Pros And Cons

Almost any property will need a few improvements; even newly constructed houses usually need improvements like landscaping.

Sellers are more savvy now about how to make cosmetic changes to catch a buyer’s eye, so look carefully.

There will still be things you want to change, so weigh the difference between the cost of those repairs and the sales price of the home.

If you really want a house even though it’s going to take a lot of work, make your offer accordingly.

Click here to apply for your FREE home loan approval.

5. Make Sure Your Financing Is In Order

Having financing done in advance makes the process of buying homes for sale much easier because you’ll know how much you can afford. Your loan officer can also help you determine what your monthly payments will be based on how much money you borrow.

Therefore, a great first step is to consult with a qualified mortgage loan originator to go over the available programs and terms available in the area.

Click here to apply for your FREE home loan approval.

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