This spring, you may be faced with a choice: do you renew for another year at an increased rent or do you jump into real estate and finally become a homeowner?
If you think you’ll stay in your area for 5+ years and have a steady income, now could be the perfect time for you to start your real estate journey.
Once you’ve decided that you want to buy a home, you can begin the homebuying process. Here’s how you should plan to spend the next few months!
January: This is the time to start learning about the homebuying process! Go look up some resources for homebuyers, ask your family and friends how they bought their first home, and start getting into the real estate state of mind. I have an info-packed guide for first-time buyers that will guide you through every step of the homebuying process. Just reply to this email and I’ll send it over to you!
February: Once you have a handle on how buying a home works, it’s time to get pre-approved. Research lenders, get recommendations, and shop around for a lender you like that has the best rates for you. Your lender will look at your finances and tell you how much of a mortgage you’re likely to qualify for. You’ll get a shiny pre-approval letter that you can show to sellers to put you ahead of other buyers.
March: This is the start of the spring homebuying season, which means that it’s time to start looking at homes! Your agent will help you find homes to see, set up showings, and walk you through each home to show you the pros and cons of each property. Your agent will help you find the best property for your lifestyle and guide you through the buying process.
Imagine that in just three months you could be well on your way to being in your own home. Sounds way better than paying another year of astronomical rent, doesn’t it?
To be aligned with this timeline and ready for the spring real estate rush, you need to connect with your real estate agent today. If you don’t have an agent yet, then start looking around. I’m always happy to help answer any questions you may have about buying a home, so don’t hesitate to send me an email with any questions!