Factors to Consider When Buying a Home

Dated: September 22 2021

Views: 144

Whether you're a first-time homebuyer or a veteran at the process, there are several factors to consider when buying a home. 

First, consider the fact that we're in a seller's market right now. That means making sure you have your letter of approval from your mortgage lender in place before you decide to make an offer or even start looking for homes to buy. 

Next, consider choosing one or two "musts" to focus on. Is location more important than price? Is a two-story a deal breaker? Narrow down your "must haves" right away so that you don't waste your time, or your broker's, looking at houses that don't meet your absolutes. 

factors to consider when buying a home

At the same time, consider those items you're willing to give a little on. Is a "fixer" ok? Maybe there's a secondary location you're willing to consider? Provide your realtor with as much information as you can as far as what you can accept and what you can't. 

In a seller's market, consider the fact that homes are moving fast. If you see one you are truly interested in, you need to be ready to make an offer as soon as possible. 

Finally, don't forget to consider new construction! If you haven't thought about going this route, we'd love to talk to you about it. We can find you a lot to purchase and help you with other options and questions you may have. Contact us today to get started finding the perfect home or lot for your family! 

Latest Blog Posts

Facts about HOAs

If you're looking for a new home you may hear about Home Owners Associations or, HOAs.  HOAs are seen as negatives by some, but these associations often have benefits.In the city of Grand

Read More

Downtown Grand Junction Living

Of the many areas of Grand Junction to live in, one of the most vibrant and unique is the downtown Grand Junction area. Downtown Grand Junction living means living close to Main Street, recreational

Read More

How to Improve Your Kitchen Pantry

If you've just moved into a new home, congratulations! We know your new home will be a great place for you and your family to grow. Perhaps by now you've found a few places to make.

Read More

Grand Junction's Redlands Area

Five Reasons You'll Love Living in The RedlandsThe Redlands area of Grand Junction (zip code 81507) is considered a prime location for many.  It's got several higher-end neighborhoods, gorgeous

Read More