Staying focused on the homebuying journey is a must, especially for those living in areas with a fast-paced market. Using a few key tips can help you stay on course and accomplish your homebuying dreams.
Craft a homebuying strategy
Creating a homebuying strategy, you outline the steps you'll most essential to the homebuying process. Plus, with a homebuying plan in place, you'll be better equipped than ever before to streamline your house search.
Use your strategy outline to highlight the location you’d prefer your home to be in, where to get financing if a mortgage loan is needed, house characteristics and more.
Get preapproved for home financing
Home financing often plays a huge role in a buyer's ability to acquire a residence. Getting pre-approved for a mortgage allows you to get a better understanding of the financing you’re working with to purchase a home.
You’ll need to provide personal information such as income and identification, so a lender can see if you meet requirements for pre-qualification.
Prior to pre-approval for a mortgage loan, consider checking out a variety of banks and credit unions. This allows you to learn about all of your mortgage options and select a mortgage best matching your financial needs.
Work with a real estate agent
Working with a real estate agent is one of the best ways to help you stay on track during the homebuying process. They can help you fine-tune your homebuying goals and map out the best plan to execute each task efficiently - Whether that be through narrowing down an MLS search or negotiating a great deal on a home.
Don't lose focus as you pursue your dream property. By securing financial information, creating a strategy and collaborating with a real estate agent, you can ease into the homebuying journey with clarity.
About the Author
Ryan Mandigo
Ryan Mandigo is an award-winning professional broker associate with Realty ONE Group Dockside. Originally a native of New Hampshire, his love of real estate began 30+ years ago while swinging a hammer on a framing crew. He has always had a strong passion for helping people, whether it be assisting a couple in purchasing their first home, finding a home that fits a growing family's needs, or downsizing for those with an empty nest. He strives to build strong personal and professional relationships with being a true believer in the power of positive thinking and always willing to lend a helping hand.
He is also a co-founder and board member of the Swing Fore the Kids organization. A local charity that is 100% nonprofit and their sole purpose is to help needy children and young adults within Horry County communities. He finds great satisfaction and pleasure in seeing how working hard for a great cause and raising funds can help others in need. He is also on the Board of Directors for the Waccamaw Youth Center in Conway, where their mission is to provide at-risk youth "A Place To Call Home"
When he is not working, he enjoys music, working around the home, spending time with family and friends, turning wrenches on vintage vehicles, getting some wind therapy on the Harley or chilling with their dogs.
Some quotes he lives by - "Do what you like and like what you do" - "You have to be odd to be number one" - "Dreams don't work unless you do" And one of his favorites. "Positive and enthusiastic thinking in all you do"
