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Home Buying In 6 Steps

gregsilcox
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Home Buying In 6 Steps

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  1. Home Buying In 6 Steps Buying a home involves extra financial responsibilities as your monthly expenses will change dramatically. You need to be fully sure about the budget and then only finalize a property. Buying a home requires research and effort on your part. The following steps will make it simpler for you: 01 Research Well & Get Approvals Know what you can afford Set aside a certain budget Consider the monthly expenditure Relook your credit history Find out the loan detail procedures Hire A Real Estate Agent 02 Find a realtor online or through reference Look at his experience Clearly communicate all the details Explain your requirements & expectations Show him all the documents Understand all the terms & conditions Choose The Best Home 03 Location is the most important Look at the amenities nearby Know what all is important for you Calculate monthly mortgage payment Assess every room Take into account the safety concerns Contact The Right Lender 04 Get in touch with the appropriate lender Understand all the loan terms & conditions Feel free to get any clarifications Choose the best mortgage program Ask lots of questions to the mortgage lender Make An Offer 05 Get the home inspection done Home insurance is mandatory Check if the title clearance is done Settle on a competitive price Read all the documents carefully before signing Meanwhile keep your credit score in check Close The Deal 06 Set a convenient closing date Obtain homeowner’s insurance Keep original documents at a safe place Clear all the closing costs Make any changes in the interiors as desired Move in with your belongings 17% of people under 35 years of age were able to save for down payments in 2016, which means they will make up more of the buyers in 2017. All generations of buyers continue to consult a real estate agent or broker to help them buy and sell their home. www.gregsilcox.com Gregsilcox 9767 S. 700 E., Sandy UT 84070 Phone: (801) 718 - 4127 Source: http://blog.contactually.com/real-estate-statistics-for-2017/ https://www.nar.realtor/reports/home-buyer-and-seller-generational-trends

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