Buying a home will probably rank as one of the biggest personal investments one can make. Being organized and in control will contribute significantly to getting the best home deal possible with the least amount of stress. It’s important to anticipate the steps required to successfully achieve your housing goal and to build a plan of action that gets you there.
Before you can build a plan of action, take the time to lay the groundwork for your decision-making process.
First, ask yourself how much you can afford to pay for a home. If you’re not sure on the price range, find a lender and get pre-approved. Pre-approval will let you know how much you can afford, allowing you to look for homes in your price range. Getting pre-approved also helps you to alleviate some of the anxieties that come with home buying. You know exactly what you qualify for and at what rate, you know how large your monthly mortgage payments will be, and you know how much you will have for a down payment. Once you are pre-approved, you avoid the frustration of finding homes that you think are perfect, but are not in your price range.
Second, ask yourself where you want to live and what the best location for you and/or your family is. Things to consider:
convenience for all family members
proximity to work, school
crime rate of neighborhood
types of homes in neighborhood, for example condos, town homes, co-ops, newly constructed homes etc.
Dear Paradise Properties,
We just wanted to take a minute and say thank you very much! My wife and I found your company on the internet by chance as we were looking to book a summer vacation on Torch Lake. On Jill's excellent recommendation, we booked a condo on Clam Lake for the third week of August 2009. The unit was spectacular, completely remodeled and very clean.
Another goal of our vacation was to learn more about the area and begin looking for a vacation home. By the end of the week, we had narrowed our search down to Clam Lake for many reasons including its access to Torch Lake. As it turned out, we found a very nice cottage on a perfect lot. After returning home and doing much more research we decided to pursue the opportunity and started working with Gary on the details.
Because we live six hours away the process was much different than other real-estate transactions we have been involved in. Gary's ideas, guidance and amazing follow through were second to none. At every turn or road block, Gary had the perfect solution or resource. Based on his tremendous experience and knowledge of the area the end result turned out great and we were able to accomplish a long term goal. I look forward to working with and referring Gary and Paradise Properties when ever possible.
Thank You So Much,Todd & Laura Wilcox