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Tips for Buyers: How to Set Yourself Up for Success

by Emily Hu 10/28/2018

If you want to find and purchase a great house at a budget-friendly price, it helps to enter the homebuying journey with a plan in hand. Lucky for you, we're here to help you prepare for all stages of the homebuying journey.

Now, let's take a look at three tips so you can set yourself up for success as you search for your dream residence.

1. Make a List of Home Must-Haves

The definition of a dream home varies from buyer to buyer. To define your dream home, you should craft a list of house must-haves and use this list to streamline your quest to acquire your ideal residence.

Think about which home features you need. For instance, if you require a house that boasts multiple bedrooms, you can tailor your house search accordingly. Or, if you need a home that is close to your office, you can search for a residence that provides convenient access to your office.

You may want to make a list of preferred cities and towns, too. This list will enable you to focus on available houses in cities and towns that match your expectations.

2. Create a Homebuying Budget

Learn about different types of mortgages – you'll be glad you did. Because if you make an informed mortgage selection, you can begin your home search with a budget at your disposal.

Generally, it is a good idea to meet with banks and credit unions before you launch a house search. Banks and credit unions are happy to teach you about myriad types of home financing. Then, you can select a mortgage that can help you make your homeownership dream come true.

If you are unsure about how various mortgage options work, there is no need to stress. Banks and credit unions employ courteous, knowledgeable mortgage specialists, and these professionals can teach you everything you need to know about home financing.

3. Collaborate with a Real Estate Agent

A real estate agent is a homebuying expert who is happy to share his or her housing market insights with you. By doing so, a real estate agent will help you achieve your desired homebuying results as quickly as possible.

Typically, a real estate agent takes an in-depth approach to the homebuying journey. He or she first will learn about you and find out what you want to find in your dream residence. Next, a real estate agent will help you narrow your house search to residences that satisfy your needs and keep you up to date about available homes that may suit you perfectly. If you find a home you want to buy, a real estate agent then will help you craft a competitive offer to purchase this residence. Finally, if your offer to purchase a house is accepted, a real estate agent will help you complete the homebuying journey.

Want to acquire your ideal residence? Take advantage of the aforementioned tips, and you can put yourself in position to succeed as you pursue your dream home.

About the Author

Author
Emily Hu
Ranked as one of the top Agents in the Yorba Linda area, Emily Has held her license since 1990 and has been recognized over the years for her top sales achievements. Emily is currently based at the firm's North Orange County Office, located in Yorba Linda. Attributing much of her success to her skills, knowledge and hard work, Emily believes that her positive attitude and people skills have enabled her to develop and maintain the relationships she has today. Emily represents qualified homebuyers and sellers throughout Orange County, with particular emphasis on residential sales. Emily's relationship with both First Team Estates and Luxury Portfolio International expands available offerings through powerful local and global resources. Emily has an established record and is known for discretion and privacy when representing valued clients. She has resided in Yorba Linda since 1992 and is also fluent in Chinese - Mandarin, Cantonese, Taiwanese, Hakkanese, and English. My marketing material is also in Chinese, which contributes to Chinese communities, as well as mainland China. Which I believe allows me to sell your house faster and at a higher price.