Farmington Valley Homes For Sale - 3 Things Farmington Valley Buyers Must Do BEFORE Buying their First Home in the Farmington Valley

By
Real Estate Agent with Coldwell Banker Residential Brokerage RES.0756925 

Farmington Valley Homes For Sale - 3 Things Farmington Valley Buyers Must Do BEFORE Buying their First Home in the Farmington Valley

Buying a home in the Farmington Valley for the first time can be very exciting. It can be very tempting to want to jump right into looking at homes, dreaming about your future and making offers. However, it's important that you cover your bases before you jump into the pool, so to speak. When you're buying your first Farmington Valley home, there are several steps you should take before making an offer on Farington Valley Homes For Sale.Farmington Valley Homes For Sale

Step One - Improve Your Credit Rating

If you are considering buying a house in the Farmington Valley, now is the time to start working on your credit. There's very little you can do a few weeks before closing. However, if you get started six months before you make an offer, you can very likely improve your credit and reduce your interest rate when it comes time to qualify for a loan.

Step Two - Find a Good Real Estate Agent

Working with a real estate agent generally doesn't cost you anything, because the seller pays all the commissions when searching for Farmington Valley Homes For Sale.

Working with a real estate agent in the Farmington Valley gives you a huge advantage. You get access to years of real estate knowledge and experience. You have a trained negotiator to negotiate on your behalf. You have someone with a wide variety of contacts, from lenders to property inspectors you can call on.

Step Three - Get Pre-Approval for a Loan

Not only should you get pre-approval, but you should also figure out how much home in Farmington Valley you can really afford. Although you might get approved for a loan that's more than your means really are, that doesn't mean you should do it.

A buyer who's worked on his credit, is working with a great agent and has a pre-approval letter has a far letter start on buying a house than a buyer who doesn't. Follow these three steps and you're well on your way to purchasing one of the Farmington Valley Homes For Sale!

 

Posted by

Kathleen Shippee, ABR

Named to the "Top 100 Agents" in the Company

International President's Circle

Coldwell Banker Residential Brokerage

The Farmington Valley Realtor

Cell #860-614-4941

Website: www.noplacelikehomect.com

email: kathleen.shippee@cbmoves.com

Kathleen Shippee, The Farmington Valley Realtor

 

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Brian Burke 09/04/2010 08:48 PM
Topic:
ActiveRain Community
Location:
Connecticut Hartford County Simsbury
Tags:
farmington valley
homes for sale

Anonymous
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Rainmaker
178,278
Jason Rose
123 ConEd LLC -- Michigan real estate continuing education - Farmington Hills, MI
www.123ConEd.com

Welcome to ActiveRain, Kathleen, and congratulations on your first post! This is a great website that's full of interesting and insightful information.  Have fun and enjoy!

Jason

Feb 23, 2010 01:45 PM #1
Rainmaker
76,755
Kathleen Shippee
Coldwell Banker Residential Brokerage - Simsbury, CT
The Farmington Valley Realtor

Hi Jason -

 

Thanks for the introduction and welcome!  I'm excited to be part of this site and I can see how informative it can be and helpful towards business.  :)

Kathleen

Feb 23, 2010 01:57 PM #2
Rainer
126,403
Ron Brown
Division of Pinnacle Capital Mortgage Corp - Puyallup, WA
MLO-270845 VA/FHA Specialist, Alpine Mortgage Planning NMLS 81395

Welcome to the Active Rain Community.

We look forward to seeing your future Blogs.  Best of luck in all your ventures!

Feb 24, 2010 06:44 PM #3
Rainmaker
489,778
Sergio Rebollo Jr.
Real Estate TeamMates - Miami, FL

Welcome to ActiveRain. This is a great community to network with others as well a great place to learn from other's experiences and knowledge. I've enjoyed it; I hope you enjoy it as well.

Feb 28, 2010 07:08 PM #4
Rainmaker
147,382
Brian Burke
Coldwell Banker - South Windsor, CT
Your Realtor & Foreclosure Expert

I see that Jon has been training you well.  Nice post on Farmington Valley Homes For Sale. Good luck to you...  

Oh, thanks for the re-blog! 

Sep 04, 2010 08:58 PM #5
Rainmaker
76,755
Kathleen Shippee
Coldwell Banker Residential Brokerage - Simsbury, CT
The Farmington Valley Realtor

Hey!!!

 

How have you been?  Thanks for the note......site will be up soon. 

 

Still want to meet up?? 

Sep 08, 2010 07:20 PM #6
Anonymous
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Rainmaker
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Kathleen Shippee

The Farmington Valley Realtor
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