Buying a home in Battle Ground, WA, should be a very exciting journey for you and your family. However, there’s nothing more disheartening than unexpected bumps in the road. With the help of the agents at Coldwell Banker United Brokers, we can smooth that road for you. When you work with dependable real estate agents, you can save a lot of time and money.
Today’s real estate market in Battle Ground is fast-paced, so you should have an agent that matches the speed. Once you become a homeowner, you need to follow some beginning steps to move forward. We have a list of Battle Ground, WA homes for sale that we know you will love. Here are some things to consider before you shop for your dream home.
Learn the financing basics. Before you decide to purchase a home, you need to learn some of the financing basics. First, you should know about the mortgage loans that are mainly used by home-buyers. Fixed-rate mortgages are utilized the most in relation to mortgage loans. According to Investopedia, “A fixed-rate mortgage is a mortgage that has a fixed interest rate for the entire term of the loan. The distinguishing factor of a fixed-rate mortgage is that the interest rate over every time period of the mortgage is known at the time the mortgage is originated.”
On the contrary, an adjustable-rate mortgage (ARM) “is a type of mortgage in which the interest rate applied on the outstanding balance varies throughout the life of the loan.” After you decide which mortgage is right for you, you need to do a pre-qualification and then a pre-approval. You may be asking yourself, ‘What’s the difference?” Pre-qualification, according to Investopedia, is “...an initial evaluation of the credit-worthiness of a potential borrower that is used to determine the estimated amount that the person can afford to borrow.”
Hire a buyer’s agent. When you hire a buyer’s agent from Coldwell Banker United Brokers, you’re gaining peace of mind. We know about all of the Battle Ground, WA, homes for sale, and we can help you negotiate so that you’re getting the best deal. We are ready to help you purchase the Battle Ground, WA, home of your dreams.
Start setting aside money now. Do you know how much money you’ll need to save up for your home costs? If you need help figuring it out, use our mortgage calculator tool. Now is the best time to start saving any extra money that you have so that you can build your down payment.
When you start looking at Battle Ground homes for sale, this is the time to already know what it is you’re looking for. When you are getting ready to buy a home, you need to know exactly what you’re looking for. More than just bedrooms and bathrooms, you need to take into consideration location, commute time, nearby schools, the neighborhood, and more. The more detailed you are in your description of the perfect home, the better. However, it’s also important to keep an open mind. If something as small as an old shade of paint is keeping you from purchasing a home, you need to open your mind up. Paint is easy to replace, but the perfect home isn’t.
Figure out which neighborhood is right for you. Before you decide which home you would like to buy, you need to consider what neighborhood you would like to live in as well. Do you have specific needs or considerations? Take some afternoon drives through the neighborhood streets to get a better idea of the area. To find out more about the city, visit the City of Battle Ground website.
Submit a strong offer. Submitting a strong offer can be the difference between getting the home of your dreams, and being rejected. However, submitting an offer that is neither too high or too low can be very tricky. Your best bet is to get expert advice from the dedicated agents at Coldwell Banker United Brokers.
Read the fine print. Reading through your entire contract from beginning to end may seem tedious, but it is very important. From regulations to housing authority covenants to contingencies, there are so many items that could leave you with a surprise after closing if you’re not diligent. Look over your contracts and contingencies and make sure you’re happy with the considerations.
Get your agreements in writing. As always, it’s imperative that you get all agreements in writing. Your documents will be invaluable as a reference later if you need them. Our Battle Ground, WA, real estate agents are the perfect people to help you make sure all of your agreements are met in the contract.