Do your homework before you start looking for a specific house. Save for a down-payment, develop a budget, and research houses online to find the right features and amenities.
Research the schools in the area, access to shopping, busy streets, and neighborhoods.
Use online tools like Zillow, Realtor.com, or Trulia to view homes and local pricing.
Next, gather up your taxes for the last couple of years, your last two pay stubs, and talk to your bank or credit union about the rates and terms. If you need help, you can talk to our Mortgage Specialist listed below.
Have your lender prequalify you for an amount that matches your budget.
It’s time to find a House. Don’t overspend, stick to your budget. Your mortgage payment with taxes and insurance should be 25% to 30% of your NET or take-home pay.
Find a good realtor in the area to help you negotiate the best deal. Rely on the research you’ve done and do not let anyone pressure you.
Buying a Home
Selling a Home
It is a buyer’s or a seller’s market? Are homes selling quickly? Is there enough inventory locally?
You can utilize online tools like; Zillow, Realtor.com or Trulia to view homes and local pricing.
Lean on an expert! Having the help of a good realtor can make all of this difference sometimes… do some research and find out who’s been in business for a while, how they are perceived by their peers, and what clients are saying about them. Reputation is important!
Make you home marketable. This may mean fixing a few things, painting with more neutral colors, updating a bit, even staging. Spending a little money up front can make a big difference.
Next, decide how you are going to market your home. Are you going to use an expert or do it on your own?
Rely on your homework and do not let anyone pressure you.
Everybody has a favorite insurance company or a favorite agent. Find someone who has access to multiple companies and options.
Talk to friends and look at reviews and recommendations to narrow the search.
Combining your auto and home, deductibles and coverage amounts can make a big difference in your premiums.
Ask your agent about the impact of raising your deductibles, available discounts and how to maximize your protection.
Make sure you have replacement cost on your house. Building materials and contractor bids are always increasing.
We live in a litigious society… check out the cost of adding an umbrella policy.
Remember to insure your contents if you are renting.
Insuring a Home
Insuring your Belongings
If you are happy where you are stay put!
We are not here to sell you renters insurance, in fact, we don’t even sell it. However, if you are unhappy with your agent or carrier ask us for a referral or recommendation.
What is it and what does it protect?
If you are renting or leasing your landlord will generally cover your liability as part of your rent, but what about your personal property? (furniture, computers, tools, gaming systems, jewelry, etc…) If you want to make sure your personal property is protected, insure it, it’s cheap!