With the start of every New Year, we make resolutions. To lose weight, eat better, save more money, among many other things. If you’re thinking about buying a West Knoxville home for sale, here are a few resolutions to keep in the New Year, to make buying a home possible and easier.
West Knoxville Home Buying Resolution #1 – Get Pre-Approved Now
Whether you are a first time home buyer or a seasoned home buyer, a pre-approval is a key part of the home buying process. It is important to get pre-approved before starting your home search so you can know how much home you can afford and what type of loans you qualify for. Now more than ever, it is important to have an understanding before starting your home search, since mortgage underwriting guidelines have been recently tightened. There’s nothing wrong with getting pre-approved early on, that way, if there are any issues you have plenty of time to fix them. A mortgage pre-approval is good for up to 90 days.
West Knoxville Home Buying Resolution #2- Have A Down Payment Plan
A down payment is an essential part of buying a West Knoxville home, so it is important to know how much you’ll be able to put down on a home. In the months prior to buying a home, it is important to stow as much money away in your saving account as possible. Or, if you’re selling a West Knoxville home, it is important to have an idea in mind of how much you’ll profit or need to profit when buying your next home. Finally, for those that don’t have the money for a down payment, is is important to have a plan in place. Talk to a loan officer about what options you may have to buy a West Knoxville home for sale without a down payment.
West Knoxville Home Buying Resolution #3- Manage Your Credit Responsibly
Having good credit is an essential part of buying a West Knoxville home. In the months prior to buying a home, it is important to manage your credit well. Things like paying down your debt, not applying for additional credit, and paying bills on time are all things that are good for your credit.
West Knoxville Home Buying Resolution #4- Start Your Home Search Early
Searching for a West Knoxville home for sale has never been easier. With the help of the internet, it is possible to search for a home from the comfort of your own home. Many agents offer up to date search tools on their websites to make searching for a home easier. By finding out what is on the market, you’ll have a better idea of what is on the market and what areas you like. [If you’d like us to set up a custom home search for you, feel free to contact us, it’s free!]
West Knoxville Home Buying Resolution #5- Find An Agent To Represent You
The best thing you can do for yourself as a home buyer, is to find an agent to help you with your home search. It is important to have someone represent you solely for you purchase to make sure they have your best interests at heart. Do a little research of your own to find an agent the specializes in you buying needs.
Are you thinking about buying a West Knoxville home this year? If there is anyway Knoxville Home Team can assist you, please let us know, you can give Rick at call at 865-696-9002 or send an email to [email protected]. Kati can be contacted at 865-392-5880 or via email at [email protected]. Also, be sure to check out our West Knoxville Home Search Page to see what homes are for sale in the West Knoxville area.