You’ve likely been considering buying your first Huntsville Home for some time and this year’s tax credit and the slower housing market are certainly incentives. However even if the time limit of tax credit eligibility is beginning to feel like pressure, you must proceed with some caution. So take some time to really evaluate your circumstances and don’t rush your decision.
The first thing you should do before you shop for your new home is to get a copy of your credit report and credit score! You can obtain a copy of your credit report and score from one or all of the three credit bureaus: TransUnion, Equifax, and Experian. Take good look at the report and clear any incorrect information.
After you have secured your credit report, the next step for you to consider when preparing to purchase a home is to get pre-approved for your home loan. That’s right, get pre-approved for your home loan not pre-qualified, there’s a big difference! Getting pre-approved for your home loan means that you have obtained approval from your chosen lender to pay up to a certain amount for the home you are about to purchase.
Once you’ve accomplished this preparation work you are ready to begin shopping for Huntsville Real Estate. The best way to begin is with internet searches within your pre-approved price range in your favorite areas. Be sure to utilize a tool that lets you save your favorites to a short list and provides easily assessable drive-by location information, like our Huntsville MLS search engine.
Once you have taken drive-bys of your short list, you will likely be able to narrow the list to the homes you would like to explore in detail. Whether with us or another local Realtor, at this point in the process you should seriously consider using a local buyer’s agent to schedule your showings and represent you in the negotiation process and if we can be of any further service please don’t hesitate to email or give us a call 256-425-1659.
Happy House Hunting,