The spring season is a popular time of year for new homes. Arm yourself with these great tips this spring and find your dream home
What Do You Want In A Home
Before you do anything, sit down and make a list of your wants and needs. Write down everything that comes to mind. You may change what is the most and least important to you. Do you need quick access to the interstate, 4 bedrooms, large lot, convenient location? Rank your list because you will probably have to make compromises.
Know Your Price Range
It is important to know what you can afford. Even if you are able to put down cash, you will still have expenses in the way of property taxes, insurance and maintenance costs. Just because you can get a loan of a certain size doesn’t necessarily mean that you need to spend that much getting a home!
It is important to match your budget with your wants and needs. Everyone wants a home on the beach but if your price range is $200,000 you might need to re-evaluate
Understand the Pre-Approval Process
More often than not, a buyer wants to go find a home and figure out how to pay for it later. Getting pre-approved for a mortgage before you start looking for homes. FBC Mortgage is our full-service mortgage banking preferred lender with a Builder Division dedicated exclusively to Maronda Homes. At Maronda Homes, we’re here to ensure that the financing of your home is as simple as possible. We understand that you may have questions about how much you can afford, what your monthly payment will be and how your down payment will affect your monthly payment.
Many factors can have a major affect on your mortgage loan payments – anything from your credit score to your down payment can be a factor. Our experienced Loan Officers at FBC want to make it easy for you. Estimate your monthly payment using this great calculator.
Know Your Neighborhoods
Make a list of your favorite or ideal neighborhoods. Be certain your price range is in line with what those neighborhoods can offer. Communicate to your With our community specialists why these areas are a good fit for you. With a Maronda Homes community in a variety of neighborhoods and communities our specialists may be able to match your needs and wants to an alternative location.
You may look at every home on the market and not find that home. The best properties still sell very fast and you may just need to wait it out. Eventually, you will find your dream home.
But most of all, trust your intuition. Being a first time home buyer can be a little scary, whether or not spring has sprung. You simply have more company in the spring.
Remember, not every home buyer in the spring will walk away with a home. However, some shoppers will buy a home that won’t be the right fit. Following these tips can help make finding your dream home this spring, easier than you think.
If you are ready to find your dream home set up a time to meet with a community specialist and get a leg up on the crowds.