Merrick Real Estate Partners

The secret to buying a house successfully is to plan in advance. 👌

Buying a house is not a small task. If it’s your goal to buy a house next year, you should start preparing for it right now. It’s best to be knowledgeable about real estate – pre-approval, different types of loans, the current state of the local market, and the home buying process. It will help you a lot if you already know what to do once you are ready to buy a house.

Here are 6 tips to help you prepare:

1. Talk to a loan officer — even if you're not ready to buy – shop for mortgages. Now is the time to look for a reputable lender and to compare different lenders and rates.

2. Start a savings plan and save for more than just a down payment. Aside from a down payment, you should also save up for closing costs, funding for repair, renovations, and maintenance, and of course, for your new furniture and appliances.

3. Pay down existing debts. One of the best things you can do to prepare for buying a home is to manage your debts and pay them off on time so that you can improve your debt-to-income ratio.

4. Understand credit score requirements. Different types of loan will have different credit score requirements. Make sure that you know the credit score requirements for the loan you will apply to so that you can prepare for it a year in advance.

5. Take steps to improve your credit and your debt-to-income (DTI) ratio. Now that you know the credit score you need to achieve, you can now work on improving your credit such as making sure to pay your bills on time and avoiding closing or opening new accounts.

6. Interview and choose an agent who knows your future neighborhood. You will have no worries if you choose to work with me!

Need help in buying a home soon? That’s why I’m here! Feel free to chat with me anytime if you have any questions about home buying.

📞 678-393-0705
📩 [email protected]
📱
💻 http://www.merrickrealestatepartners.com/

***ng

If you’re looking to buy a home ASAP, read this ⬇️

Finding a motivated seller isn’t that hard. You just need to know how to look for them!

The first thing you can do is drive around neighborhoods to look for signs of motivated sellers. Look for empty lots, newspapers piling on the driveway, rundown properties, a neglected front lawn, or FSBO signs.

Next, contact local attorneys. They are always working with people looking to sell their homes quickly due to different reasons such as probate, divorce, or bankruptcy.

Third, you’ll want to browse through public records to check for recent foreclosures. Other signs to look for would be extensive days on market, absentee owners, or death of joint tenant.

Another thing you want to do is visit For Sale By Owner sites. Narrow down your search by property type, price, location, and whether the home is being sold by a broker or the owner.

Lastly, you’ll want to get in touch with a real estate agent who knows the area well. And of course that would be me! Or make sure you find someone with a wide network and a lot of experience. They’ll surely find motivated sellers in no time.

Need help in buying a house ASAP? DM me for more!

***ng

Do these if you want to decorate your rental for the holidays without causing damage! 👇🏻

If you are renting and the possible damages are what’s stopping you from decorating your home for Christmas, check out these tips:

🎄Use removable hooks.
🎄Hang things from existing railings.
🎄Use fake candles.
🎄Swap out light bulbs for holiday colors and effects.
🎄Get an over-the-door wreath hanger.

Share this post with someone whom you think will find this helpful!