ONE Sotheby's Int'l Realty
Hector Zapata PA, ONE Sotheby's Int'l RealtyPhone: (754) 244-2687
Email: [email protected]

Four Things to Get Ready to Buy Your First Home

by Hector Zapata PA 03/11/2019

It is not just enough to think about buying your first home. It is a life-changing experience that can have more twists and turns than a Hollywood soap opera. Homebuying can also be an enjoyable experience if you put in steps to get ready for the process well before it gets started.

Here are four things that you must do to prepare for buying a home.

Check your credit report

The most critical factor in buying a home is your credit report. This report is what mortgage lenders use to determine your eligibility for a mortgage loan. Many things affect your credit report and add up to your credit score. Find a free or paid website to check your credit report at least twice a year.

Build your credit history by also making sure that you don’t default on credit card payments and other bills. If you already have delinquent accounts on your credit report, work with the creditor to bring it back up to date. If there are mistakes on your report, contact the reporting credit bureau to address it. 

Have a budget

Budgets come out of taking a long, hard look at your current financial situation and deciding how much down payment you can afford to pay. Your economic condition affects the type of home that you can buy and your ability to pay your mortgage conveniently. Also, try to budget for other expenses like homeowners' insurance, closing fees, inspections, and possible renovations or improvements. Use a mortgage calculator online or with your real estate agent to play around with the amounts to find the sweet spot for you.

Get pre-approved for a mortgage loan

Before you start looking for a house, you should get pre-approved by your bank. Not only does this give you a stamp of approval that you are ready to buy a home, but it also gives you an edge over other buyers as the sellers know there will be a quick closing on the sale.

Find a Real estate agent

Navigating the real estate market by yourself is not advisable. Many pitfalls exist of which you may not be aware. To make your dream of owning a home a reality, find a real estate agent that is professional, has your best interest at heart and honest. This person will help you get the best deal for your money and also have a smooth buying process.

Do you think now you are ready to buy your first home? Call a local real estate agent today to get started.

About the Author

Author
Hector Zapata PA

 

Hector was born in Colombia, and has called South Florida home for more than 18 years. He is an Industrial Engineer by trade specialized in Cost Control, Production Planning, and Plant Design. Prior to moving to South Florida, Hector worked for 13 years as a Plant and General Manager in the Graphics and Publishing Industries in Bogota, Colombia. When Hector moved to the United States in 2001, he decided to become a PGA Golf Pro, and created his own business in the Golf Industry as a competitive player, and teaching pro. He was the founder and director of Bonaventure Golf Academy, and today he runs his own golf academy in Cooper City, Florida. In his nearly 15 years of experience as a Golf professional and Instructor in South Florida, he has been asked by many customers looking to purchase a home on a golf course his opinion about the best Golf Communities in South Florida. He became a realtor in order to better serve his customers, and help them as well as all golf enthusiasts find the home of their dreams. Hector is highly recognized for his personalized service, ethics and professionalism in the Golf industry, and his goal is to provide extraordinary service to his Real Estate customers and friends too! Hector is specializing in Golf communities and Luxury properties in South Florida.

Why Choose Me As Your Agent? When you work with me, you will receive a knowledgeable and professional real estate agent, a committed ally to negotiate on your behalf, the systems in place to streamline buying your home and the backing of a trusted company. Why Work With A ONE Sotheby's Agent? Looking to sell your home? As a real estate associate of ONE Sotheby's International Realty, you will now have access to over 22,000 associates and presence in more than 70 countries across the world to help you sell your property. With our technology, we are leading the way in how homes are sold and purchased through online marketing. Through our ONE Site, your listing will display on top name sites like Zillow, Trulia and Realtor.com to get you the most brand exposure to your home. Looking to purchase a home? With our ONE Sotheby's Technology and advanced websites, searching for properties that are active on the mls is a breeze. Now you can search 24/7, save properties to your profile to view later and schedule showings with me so you can see these properties in person. My job is to make the real estate buying process that much simpler and as a real estate associate of ONE Sotheby's International Realty, we are doing just that. Our company prides ourselves in staying on the cutting edge of technology and if you select me as your real estate agent, you will receive all of this and more. You could never find a more dedicated, energetic, or focused agent to represent you. Please give me a call for a no-obligation assessment of your real estate needs!