What is the first thing to do to buy a house in Houston, Texas? If you’ve never bought a home before, you might be overwhelmed figuring out where to start. Buying a home is a serious financial investment, so it’s important to make sure you do it right.
In this post, our team at Your Home Sold Guaranteed Realty - Chris Schmidt Team will discuss the first several steps you should take in the home-buying process, so you can know exactly what to expect.
Key Takeaways:
- Take stock of your income, savings, debts, and credit score to figure out your budget and what kind of home you can afford.
- Hiring a realtor should be one of the first steps you take because they can help you learn about the market and get referrals to lenders and other professionals.
- Work with your realtor to understand Houston’s real estate market and gain insights into the types of homes available, popular neighborhoods, and current pricing trends.
What is the First Thing to Do to Buy a House?
- Evaluate Your Finances: Take stock of your income, savings, debts, and credit score to figure out your budget and what kind of home you can afford. For an accurate budget, be sure to factor in the down payment, monthly mortgage payments, closing costs, property taxes, HOA fees, and ongoing maintenance costs.
- Hire a Realtor: Once you’re ready, reach out to an experienced realtor. Hiring a realtor should be one of the first steps you take because they can help you learn about the market, get referrals to lenders and other professionals, and find homes within your budget. They can also guide you throughout the entire home-buying process.
- Apply for Mortgage Pre-Approval: Getting pre-approved before you start house-hunting is important because it gives you a clear budget to work with. It also helps your offers stand out from other buyers since it shows home sellers you have serious intentions. Your realtor can help you find qualified lenders in your area.
- Understand the Market: Work with your realtor to understand Houston’s real estate market and gain insights into the types of homes available, popular neighborhoods, and current pricing trends. Consider factors such as proximity to schools, parks, shopping centers, and employment opportunities.
Chris Schmidt Makes it Easy to Buy a Home in Houston
Buying a home in Houston is easy when you work with an experienced realtor who can guide you through the process. At Your Home Sold Guaranteed Realty - Chris Schmidt Team, Chris Schmidt and our team have been continually ranked as the best realtor in Houston.
We’ve helped many buyers find homes that match their budget and preferences thanks to our in-depth knowledge of the local housing market and unique buyer guarantees, including our Buy it Back Guarantee.
If you are interested in working with our team to buy a home, call or text today at 713-322-5604. You can also use the form below. Don’t have to wait to find your dream home in Houston!
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