Charlotte Home Buyers Guide Part 1: Define Your Goals
Buyers remain active in the Charlotte North Carolina real estate market. Like most people, buying a home represents your single largest investment, and therefore brings on the stress! Bear in mind though, that the home buying process can be one of the most exciting experiences you ever go through as well.
Whether you’re in the market for your first Charlotte home for sale or you’re an ‘old hat’ at home buying, never before has the market offered such wonderful opportunities or been riddled with unknown risks. These opportunities may consist of distressed properties, if you’re looking in that market, or low mortgage rates, both of which may contribute some additional stress to the buying process. Yes, even low mortgage rates may bring on a little stress for you as credit scores weigh heavily on the rates in most instances.
You will have many factors to consider and many decisions to make when buying a Charlotte home for sale. Therefore, when buying, it’s extremely important for you to have all the available resources necessary to make a well-informed home buying decision, as well as the time required to make complete use of them. That being said, you most certainly want to enlist the help of a trusted REALTOR® who’ll can provide you with expert consultation every step of the way in your home buying process.
There are several steps that your REALTOR® will be able to assist you with regarding your home buying experience. These goals will help you educate yourself and prepare for the excitement of buying that new Charlotte home for sale. The first step it to Define Your Goals. This means clearly determining the why’s and what’s of the home that you’re going to be buying. As well, because buying and financing a home are so closely related, this also means that you will need to examine your current financial situation to be able to accurately project how much you can afford and/or the amount that you want to invest.
- Make a list of wants vs. needs to determine what you’d like to find. This list will help your REALTOR® do his/her job more efficiently and save you time in the long run.
- Contact a lender to review your financial status. This can be as quick as a 10 minute phone call or if you’d like to spend time reviewing your finances in person, you can schedule a meeting with a lender. Either way, feel free to contact us for a list of wonderful, highly qualified lenders who will guide you seamlessly through this exciting process.
You’ll now be in a better position to create an action plan and timelines for moving forward. Again, your REALTOR® can assist you in your next steps.
Charlotte North Carolina Real Estate – Charlotte NC Relocation
Information
Debe Maxwell, CRS, Realtor®/Broker
The Maxwell House Group Real Estate
1920 E. 7th Street
Charlotte, NC 28204
Mobile: (704) 491-3310
Fax: (704) 353-7014
Email: debe@debemaxwell.com
More information on Charlotte than you’ll ever need!
Jane Peters says
04/27/2011 at 01:27This is going to be a great series for Charlotte home buyers. And defining your goals certainly will stop a lot of time being wasted.
Sharon Paxson says
04/27/2011 at 11:06Debe – excellent article on buyer a home. You have provided excellent info.
Michelle Gibson says
04/28/2011 at 10:53Debe – This is going to be an Home Buyers Guide, great part 1!
Renee Burrows says
05/05/2011 at 08:41Great guide for buyers! The lending environment is very hairy right now so getting approved is the *perfect* place to start!