You’ve seen for sale signs in neighborhoods and homes posted online. But buying your first house can seem like an insurmountable task… Where do you start? Ask yourself these four questions to start highlighting and finding the right home for sale in Redding, CA.
What are your homebuying goals?
Before taking action, you should spend time setting a vision for your home. Ask yourself these questions:
- Why are you looking to buy a house?
- What is the goal of buying your home?
- What type of house do you have in mind?
Keep these things in mind. Once you have established your vision, it will be easier to make decisions throughout the homebuying process and quickly make eliminations. Stick to the plan.
If you aren’t familiar with the home buying process, do research so you can be more powerfully informed while setting your goals. Start with resources such as reading blogs about real estate trends or discovering new reasons why you should move to Redding.
What can you afford?
Be aware of your finances. Especially if this is your first time buying a home, create a budget that shows how much you can spend on a monthly mortgage. Once you have an idea of what you can afford, study listings of homes for sale in Redding, CA. Know how much houses are selling for in today’s market and set expectations for what your money can buy. This financial guide will help you determine how much mortgage you can afford.
What location and style of house?
With your new goals and budget in mind, you’re enabled to start making home buying decisions. Do you want a ranch style house or a two story bungalow? If having a garage is important to you, don’t waste time looking at apartments. Think about what your lifestyle will look like during the next 3-5 years, and consider your priorities. You may be looking for downtown entertainment options, or you might be more concerned with a safe, family friendly neighborhood.
You’ve come a long way from where you started, and if you’re feeling confident about finding the right home for sale in Redding, CA you can apply for a loan. Applying for a loan is easy – so the most pivotal part of this step is choosing the right lending agency.
What are you qualified for?
If this is your first loan and you’re not sure what size mortgage you could qualify for, get pre-approved. This will give you peace of mind knowing what price range house to look for, and saves you time as the buyer. It also tells the seller that they can take seriously.
Before you do any serious home shopping, make sure you are eligible to secure a mortgage. Is your credit score and income sufficient to convince a lender that you’re a safe investment? If you get pre-approved, you’ll be ready to pull the trigger when you see the right home for sale in Redding, CA that fits what you’ve been looking for.
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