If you’re a bit overwhelmed with the thought of becoming a homeowner, you’re not alone. Purchasing your first house is a significant step, and if you’re not familiar with the process, you may not know where to begin. That’s where we come in.
If you’re considering getting into homeownership, the information below outlines your initial steps in the process. Follow these steps to help ensure purchasing your first home is a positive and exciting experience.
Step 1 – Know the state of your finances Before you start checking out properties and heading to open houses, your first step is to know your credit. Familiarize yourself with your credit history and make sure all the information in your credit reports is accurate. Knowing this information beforehand will give you enough time to deal with any discrepancies on your report or improve your credit before you are ready to buy.
Step 2 – Build a great team During the home buying process, you’ll want to surround yourself with professionals who can guide you and provide answers to your questions. Find an experienced real estate agent and a reputable mortgage professional. Who you hire truly matters.
Step 3 – Pre-Approval You may think home buying starts with home searching, but it actually starts with finances like we mentioned in step one. We recommend getting a preapproval from a lender before you even begin the home search. While some lenders will tell you that you prequalify for a loan based on the income and credit information you have provided, that's not sufficient for most sellers today. With a real preapproval, the lender will verify your income documentation and not just check your credit.
Since 2003, Metrowest Real Estate Services has been Denver’s premiere resource for residential, foreclosure, REO and investment real estate. When helping you buy or sell, our mission is to provide excellent customer service to our corporate and individual clients by ensuring that our agents exceed all standards for market knowledge, professionalism, and client support. Whether you are a high volume investor or a first time homebuyer, our team at Metrowest can help you realize your real estate goals! Metrowest is your Denver Colorado Real Estate Team. We specialize in helping you get the most of your sale, purchase or investment.
Rental prices are consistently increasing all over the metro area, but
"If your home buying needs require professionalism, dedication and results, then Andy Potarf at Metrowest Real Estate Services is your man.
In addition to the above traits, I also require availability and whenever I had a question or was interested in visiting a potential home, Andy was there at a moments notice. Buying a home doesn't have to be stressful. Andy made sure it wasn't. Thank you Andy!"