With the start of every new year, people make New Year’s resolutions . Some pledge to lose weight, to quit smoking, to find a new job, or to simply stress less. New Year’s resolutions allow people to start they year off right and help to make this year better than the last. If you’re one of the many people in Knoxville planning on buying a West Knoxville or Farragut home for sale, start this year off right by pledging to abide by these New Year’s resolutions for Farragut and West Knoxville home buyers.
Consult with a professional.
Buying a West Knoxville or Farragut home is ultimately one of the biggest purchases you will ever make. Set yourself up for success and hire a professional REALTOR® to help make the process easier for you. Buying a home is more than just picking out a house and moving in, so having a REALTOR® to help you navigate through the process will help make the process go more smoothly and less stressful. Your REALTOR® will be there to help set up showing, write a good offer, set up inspections, and offer essential advise throughout the process. You don’t go to just anyone for heart surgery, so don’t go to just anyone to buy your home.
Talk to a loan officer.
One essential part of buying a home is making sure you have your finances in order, that way, if there are any issues, you can work on fixing them before it is an issue. There’s no harm in talking with a loan officer. A loan officer will be able to let you know how much you can afford or let you know if there are any credit issues that need fixing. By preparing early on, your home search won’t be stalled by financing issues and you will feel more confident about the whole process. A loan officer will also be able to help give you an estimate of what your monthly payment will be.
Get your finances in order.
Buying a West Knoxville or Farragut home is a huge investment, so its important that you have your finances in order prior to making the purchase. Lenders will want to see that you have enough reserves in your bank account for emergencies. Also, depending on what type of loan you apply for, you want to make sure you have enough for a down payment without draining your bank account. Not to mention, when you move into a new home you will want to be able to have the extra money for other items such as painting or new furniture. So, start the year off right and look at your budget. Where are you able to make cuts and stow a little more money away into savings?
Are you thinking about buying a West Knoxville or Farragut home? Please let us know if there is anyway that Knoxville Home Team can assist you in your home search. You can contact Rick at 865-696-9002 or via email a [email protected]. Or, you can contact Kati at 865-392-5880 or via email at [email protected].