Buying A House What Do I Need To Know
So you are thinking of purchasing a home. First, let me say Congratulations! This is one of the most exciting times of your life. Here are a few helpful hints when going through the purchasing process.
1.First things first, you need to know how much you can qualify for. I have met some people who want to go shopping for a house first, and get qualified second. I wish it worked like this, but it doesn't and any Realtor who takes you out shopping for a home before getting you qualified is not doing their job correct. Going shopping for a house before your qualified is like going shopping for new clothes and not looking at your bank account first and just spending money you don't have.
2. After being approved, make sure you do your research of the place you want to move to. In Arizona, there are so many different cities, and each is unique in every way. The most popular cities are #Scottsdale, #Mesa, #Tempe, #Gilbert, #Chandler, #QueenCreek in the East Valley. #Glendale, #Avondale, #Anthem and #Peoria in the West Valley. There is a lot of space that divides the East and West Valleys and most people have their favorite side.
3. If you have a must have list and aren't finding what you are looking for. I suggest going through your list and getting rid of things that aren't super important. Remember you can always add items that you want in your home at a later date. Plan on being in your home at least 5 years, and during that time, paint, upgrade the kitchen and at some point if you need to update the flooring.
This is a short list of things you can do to get started. Also, here is a great website you can do some due diligence on during the process of buying a home. http://www.homefacts.com/
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With all of the volatility in the stock market and uncertainty about the Coronavirus (COVID-19), some are concerned we may be headed for another housing crash like the one we experienced from 2006