We hope this third article in our homebuying series will help empower you during what some find to be a very confusing time.
Buying a home for the first time is exciting! We hope this third article in our homebuying series will help empower you during what some find to be a very confusing time. Don’t be afraid to get help in order to manage all of the steps in the process. You do not have to know every single detail the first time you buy a home. There are people who work specifically to make sure you have everything you need whether it is managing loans or how to put in an offer. You do not have to go through buying a home by yourself.
Here are some ways you can get the help you need while buying your first home.
Find a Real Estate Agent
A real estate agent is someone who specializes in home buying and selling. They help guide you through the process of finding the perfect house. They are knowledgeable on locations as well as what happens during the process. You can find an agent through databases online or through friends. You also may have a friend who had a great experience with an agent or perhaps a friend who is an agent. Going through your network of people is a great way to find a real estate agent who is the perfect fit for you.
Some things that an agent can help you with include:
- Navigate the mortgage process.
- Find programs to help you afford a house.
- Show you areas and homes that are great for you.
- Help you present yourself as a strong buyer.
- Find an inspector.
Work with a Loan Officer
If you are going to need a loan to purchase your new home, a mortgage loan officer is going to be part of the process from start to finish. They will compile your financial information and help you figure how much you can afford to borrow for a home. From the first call to the day the home ownership is transferred to you, the loan officer will be there to ensure everything goes according to plan from a money standpoint. They are a great resource for understanding your loan and how much you are eligible to borrow. Your real estate agent is a great resource in finding a mortgage professional.
Connect with your Mary Rigg Financial Coach
A Mary Rigg financial coach will be able to help you manage your budget and save money for your home. They are a great resource for options available to you and are your biggest cheerleaders throughout the homebuying process. They can also look over paperwork with you and help you make the best choices for your individual situation. Contact your financial coach to get the support you need.
Navigating the purchase of your first home does not have to be a scary or lonely process. There are people available to help you make the decisions that fit your needs. Don’t be afraid to ask questions. It is okay to not know everything.