When it comes to buying your first home, the process can be overwhelming at times. Here at Tru Realty we pride ourselves in being the best Phoenix real estate company to help first-time buyers find the home of their dreams. When you’re ready to dive into homeownership, there are a few tips you should consider in order to make your home buying experience go smoothly.
1. Determine What You Can Afford
Before you even begin looking at homes, you should determine how much home you can afford. Use a free calculator online to determine your budget for a monthly mortgage. Know that not all lenders are created equal. Tru Realty has aligned themselves with the very best lenders in the business. We work with you on every step to make sure the first time homebuyer is not overwhelmed or misdirected during the lending process.
2. Be Patient and Take Your Time
Choosing your first home is a big decision that should be handled with a lot of patience and care. Ask a lot of questions and look at as many houses as you can that fit your budget. Don’t stress if you don’t find the perfect home right away. New homes are put on the market every day and our real estate agents will keep searching until we find the home that speaks to you.
3. Evaluate Your Preferred Neighborhood
You think you know where you want to live, but have you done enough research on the area to be sure? Visit the area a few times, evaluate the traffic, where the nearest grocery store is and how people who live there like it. Get at much insight into your desired neighborhood as possible before making a commitment.
4. Work with a Local Phoenix Real Estate Agent
Tru Realty will provide you with an in-depth initial consultation before you even start shopping. Our real estate agents in Phoenix have an expansive variety of tools to help you find the perfect home. We know when you’re getting a good deal on a home and how to negotiate with the sellers to get you the best price. Better yet, we have a great understanding of the Phoenix real estate market and will help you find a home in neighborhood that best fits your needs.
5. Get Your Credit Ready
Get a copy of your current credit card report, fix any discrepancies and hold off on making any other big credit purchases. You can get your credit report for free from AnnualCreditReport.com and it will prepare you for what lenders are going to see.
6. Get More Than One Opinion
Even after you think you’ve found the home of your dreams, get someone else’s opinion. Bring a friend or family member you trust along, they may notice something you didn’t. And if they love it too you can rest easy knowing that you’re making the right decision.
Sarah C. Richardson is one of the preeminent leaders of residential real estate in Arizona. As the CEO and founder of Tru Realty, she is responsible for both the daily operations and oversight of the multiple growth strategies that the brokerage carries out. Sarah launched Tru Realty in 2010 as a way to serve a marketplace that was seeing a shift from auction centric fix/flips to an MLS flow. She is now rethinking the way her brokerage uses technology to better serve clients and agents alike.