Posted by: patteemac | July 25, 2011

Buying a House in 2011 – Have a solid purchase plan

In an effort to help you keep your real estate goals and actually complete your purchase or sale depending on your situation, here are a few guidelines from the Pattee Mac Group, that can help you buy your home in Maryland and Virginia.

If you plan to buy in 2011, here are few steps to add to your purchase plan:

  1. Find an Agent: Working with the Pattee Mac Group  can save you time, effort and money.  There is no cost to the buyer for working with an agent. It is important that you trust your agent as you will be spending a lot of time together and your agent will be handling very important negotiations on your behalf . This is where the Pattee Mac Group can help you. We have a lot of great tools to help you find your new home.
  2. Get Pre-Approved: This is an absolute must and it needs to be your first step. How will you know what to look at if you have no idea what you can afford? Additionally talking to a lender ahead of time can you alert you to any issues that might be on your credit report allowing you time to correct any blemishes prior to submitting an offer. If you do not have a lender we have a list of preferred lenders who we have worked with we would love to send you their information.
  3. Think About How You Want to Live in Your House: Do you like to cook? Do you like to entertain? Will you be working from home? Do you need a quiet place to read? Do you need a place for a crafts or woodworking? Do you like to garden? Do you travel a lot and need a carefree oasis with little upkeep? The house you buy will affect the life you live. To make sure you are on the right track, it is a good idea to make a list of what you need in a new home.
  4. Look At a Lot of Pictures: Once you understand what you are looking for in a new home, it is important to check out the inventory in your area so you know what to expect. You can start by looking online. Pictures can’t tell you everything about a house, but searching online is a necessary early step and will help you stay on top of the all the inventory coming on the market. There are lots of websites out there that provide free access to listing inventory but real estate agents can give you direct access to the MLS and can set up a search that matches your criteria exactly and notifies you when a listing matching your criteria hits the market.
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