It’s December so naturally most people are thinking about making a Christmas List. Well, if you desire a new home now is a good time to look because the competition is not as strong and the sellers are more motivated. Put aside the Christmas list for a while and make a Home Buying Checklist. Here’s how with some help from our friends at Trulia.
Use this free home buying checklist to jump-start your real estate journey.
Buying a home can be bewildering and stressful. (We get it.) And we’re here for you every step of the way.
That’s why Trulia made a free, printable home buying checklist that breaks down the process and points you to the tips and tools you need to find your next place. Download the PDF here to get started on your real estate journey.
1. Gather financials
Before you start looking at homes for sale, get your financial house in order. First, request your credit report from all three bureaus (Equifax, Experian, and TransUnion). Comb through each report to ensure it’s accurate — and fix any errors you spot!
Next, compile all the documents you may need to provide to a loan officer, including pay stubs, bank statements, and previous years’ tax returns.
Recommended reading:
- The Ultimate Home Loan Shopping List
- 6 Documents You Need to Get a Mortgage
- 5 Habits That Will Boost Your Credit Score
2. Research mortgages
Credit score and financial documents in hand, you’re ready to start researching options for your home loan.
Take advantage of online aids like Trulia’s mortgage tools. You can comparison shop from a diverse group of reputable lenders in all 50 states, ranging from small, regional providers to larger, well-known brands such as Citi and Bank of America. You’ll get a personalized quote and can read lender reviews and ratings to help gain insights into which lender is right for you.
One of the best things to tackle on this section of the home buying checklist? Find out if you qualify for a special loan, such as a Veterans Affairs (VA) loan or any special home buying financing options through state or federal programs.
Make sure you get that mortgage preapproval letter — it’ll make you a more competitive buyer.
Recommended reading:
- Should You Lock in a Mortgage Rate?
- Seriously Smart Tips to Step Up Your Mortgage Game
- What’s Your True Monthly Payment?
3. Explore neighborhoods
Now for the fun part of the home buying checklist! It’s time to explore neighborhoods.
Use Trulia’s local maps to investigate everything from commute times to walk score to school ratings and crime activity. Once you’ve honed in on the right neighborhood for your new place, be sure to check out bordering neighborhoods for even more options.
Recommended reading:
Finish reading the rest of the article at: https://www.trulia.com/blog/get-started-trulias-home-buying-checklist/#sthash.kru5gYFu.dpuf
For help with buying or selling a home contact the professionals at Northern Arizona Pros. We can help you navigate the real estate market with less stress.