How to Buy a Home in 2022: 6 Tips From a Real Estate Agent
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Loading... - Nolan Doyle
- 02 Nov 2022
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As a real estate agent, I regularly came into contact with many would-be first-time homebuyers who shared the same misconceptions. Buying a house is an arduous task -- no doubt -- but I found a few assertions that unnecessarily thwarted home shoppers' plans. From finding representation to financing to the inspection process, a bit of background knowledge can help prevent expensive mistakes.
As a weary and frustrated first-time homebuyer myself not long ago, I understand how difficult the entire process can be. The tips below will help you navigate your first experience and make it as painless as possible. It's especially important to be mindful of the pitfalls homebuying process as increasing mortgage interest rates compound costs. Here is my hard-earned advice for how to buy a house in 2022.
1. Interview agents and lenders before committing
The real estate agent and lender you choose are extremely important to maximizing your homebuying experience. You rely on them to complete your purchase, and your choice of representation can have a significant impact on your budget and stress levels.
Your real estate agent should demonstrate their expertise before you sign anything. There should be an initial meeting where your needs and goals are discussed. You'll be led through the homebuying process and review some potential home options so that the agent can gauge your preferences. Remember that you are under no obligation to work with them until you sign an agreement. Though your relationship with your lender may not be as personal, you'll want to have a conversation and vet them, too, before formally agreeing to work together. Read More...
