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3 Things You Should Know Before You Look for a Home

 Searching for a home on the Internet or with a real estate agent can be either a frustrating or exciting experience. Here are three tips to help make shopping for a home a positive experience.

1. Pre-Approval. Being pre-approved for a loan eliminates 90% of the frustration and fear associated with shopping for a home to buy. The pre-approval process is quick and painless, and it makes it possible for you to focus on those properties that fit within your realm of possibilities. After you’ve chosen your real estate agent, being pre-approved for a loan is the first step towards buying a home.

2. Choose a Location. There are many factors that go into this choice, including commute time, schools, friends, safety, and more. Choosing the right location or area can take more time and research than finding the right home. Once you know your price range and have chosen a location, finding the right home is much more exciting and doable.

3. Identify the Roadblocks. All of us have them, so it’s important to identify and discuss them in advance, as opposed to finding the perfect home and losing it because you didn’t have the time or resources to solve the problem. The roadblock could be credit scores, lack of sufficient cash, a lease, your job, etc., and most of these problems are solvable if you have enough time. We all have roadblocks, but most of them are more like “bumps in the road” than barriers, and a competent real estate agent knows how to work most of them out.

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