Highland Homes for Sale and Home Buyer Mistakes

By
Real Estate Agent with New Vision Realty Group DRE#01942074

Highland Homes for Sale and Home Buyer Mistakes

Well you have finally decided that it is time to stop renting and that you need to purchase a new home. Be aware that is important to stay calm and think your way through the process; don’t get so excited that you overlook a few very important steps.

Failure to get pre-qualified before making an offer on a home:

The very first step you need to take when considering the purchase a new home is that of interviewing and hiring a Mortgage Broker or Loan Officer. Understanding how much you are qualified to purchase up front can save you a lot of time and frustration later on. The pre-qualification letter is very important to the seller when it comes time to make offer on their home. Taking the time to get pre-qualified gives you time to iron out any issues before you and your lender get serious about that dream home of yours. It may also save you a lot of time and, perhaps help you to avoid losing out on that dream home.

Financing another Vehicle

Once you start the pre-approval process when purchasing a new home, many home buyers do not understand that the process is based largely on the debt-to-income ratio, the lower the ratio the better the credit risk to the lender. Most lender guidelines follow the rule-of-thumb, that the applicant’s debt-to-income ratio, not exceed 36 percent. Remember that it is recommended that you not finance another vehicle once you start the pre-approval process, wait until after you move into your home to avoid any possible complications.

Neglecting to Hire a Realtor to Represent You

Real Estate transactions have become more and more complicated. With all the new laws, procedures, training requirements, and the increasing competition from other buyers’ agents, today’s real estate agent has to have a new level of professionalism. Realtors have to become very knowledgeable with the local market, to help create more value for their clients. They are able to recommend the best home inspectors, and of course the best homes for your given requirements. Hiring a Realtor will help to make the home buying process a much better and hopefully a stress free experience for the home buyer.

Check out the IDX Websites with Homes for Sale in the following locations:

State of Utah homes for saleHome Selling Utah

Homes available for Sale in Utah County

AlpineHomesforSale

American ForkHomes for Sale

Cedar Hills Homes forSale

Eagle MountainHomesfor Sale

HighlandHomesforSale

LehiHomesforSale

MapletonHomesfor Sale

OremHomesforSale

ProvoHomesforSaleProvoHomeSelling

PaysonHomesfor Sale

Pleasant GroveHomes for Sale

Saratoga SpringsHomes for Sale

Spanish ForkHomesfor Sale

SpringvilleHomes forSale

Homes available for Sale in Salt Lake County

Salt Lake CityHomesfor Sale

DraperHomes for Sale

Herriman Homes for Sale

RivertonHome for Sale

Sandy Homes for Sale

South Jordan Homes for Sale

Homes available for Sale in WasatchCounty

Heber CityHomes for Sale

MidwayHomes for Sale

Homes available for Sale in Summit County

Deer ValleyHomesforSale

ParkCityHomes forSale

Homes available for SaleinWashington County

St GeorgeHomesforSale

otherSouthernUtahHomesforSale

Homes available for Sale in Weber County

Homes available for Sale in Davis County

Utah Real Estate Search

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Location:
Utah Utah County Highland

Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the pants to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainmaker
227,089

Placer County Realtor Roseville, California

Placer County Real Estate
Ask me a question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the cat to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information