On Q Home Buyer Tips
Purchasing a home can seem like an overwhelming process. Especially if you are a first-time home buyer, it can be hard to know where to start. The following tips are here to help make your journey simple and easy.
- Keep It Together: Staying organized during the home buying process starts at the beginning. Make sure to create categorized folders (in print or online) that are organized in a way that makes sense to you. Use special stickers or notes to highlight any information that is important. Most of all keep all crucial documents easily to find.
- Remain Calm, Cool and Calculated: Before you begin your search, know how much of a mortgage payment you can afford. Taking a minute to calculate this will help you to determine your budget.
- Meet the Pre-Qualifications: Get pre-qualified for your mortgage loan, before you start looking for your home. Take a moment to speak to your local Mortgage Consultant to ensure that you are looking at homes within your range. You will thank yourself later!
- Have a Little Trust: Having a real estate agent that you trust will put your mind at ease during the home-buying process. Ask family and friends for referrals or see if your Mortgage Consultant has recommendations.
- Make a List, Check it Twice: Touring several houses can be overwhelming. Simplify the process by creating a list of exactly what you are looking for in your next home (a big master closet, walk-in pantry, etc.). Also make note of what you can be flexible on; don’t remove a house from your list for something that can be easily fixed (such as outdated paint).
- Bill-It-Yourself: Enroll in auto-bill pay for all your utilities and bills. Auto-bill pay ensures you never miss a payment, making your life easier and stress-free. These programs also sometimes offer discounts!
- All Filed Up: Keep a folder with all your new home documents and contacts like appliance warranties, bills, etc. You will need easy access to these – especially during the first few months.
- Howdy Neighbor!: Getting to know your neighbors can help you feel at home much more quickly. Even a simple introduction after you first move in will let your neighbors know you are excited to be in the neighborhood and even help you make a few new friends.
- Be a (Rule) Follower: Make sure that you understand your HOA rules. This makes it much easier to comply with them and helps you to avoid paying those pesky fines. Also, attending HOA meetings allows you to stay informed and involved in any future decisions regarding your neighborhood.
- You’ve Got Mail: Or you will, once you remember to forward it. Immediately contact the post office to forward and formally change your address to prevent important information from getting lost or stolen.
At On Q Financial, we are here to guide you through every step of the home buying process.