The best way to begin your home search
Learn why getting a real estate agent is one of the first steps to buying a house and about things to consider when it's time to choose a home.
Buying a house is a milestone. Now that you've decided you're ready, there are a few things you should do right away. This video can help you get started.
Video Transcript: What is the best way to begin my home search?
- Video duration: 1 minute 38 seconds
- Transcript date: June 13, 2023
Introduction: Elapsed time 0 minutes 0 seconds [00:00]
So, you've done the math and you feel financially, emotionally and situationally ready to start looking for homes! Now what?
Why a real estate agent is your best resource: Elapsed time 0 minutes 15 seconds [00:15]
Whether you are buying or selling or a combination of both, the best way to start is to reach out to a real estate agent. Agents are your number one resource in this process. Remember, an agent has a fiduciary duty to hold your interest above all else and can guide you every step of the way. There are many ways to find a reputable real estate agent. Just make sure your source is trusted and reliable.
Take a detailed look into your budget: Elapsed time 0 minutes 40 seconds [00:40]
You've probably looked over your budget at this point and feel confident that you can make a certain mortgage payment. But now is a good time to go through your finances more thoroughly. You'll need to factor in cash for a down payment and all of the other costs that come with this transaction. Your agent can help lay out what those costs might look like
Picking out the features in your new home: Elapsed time 1 minutes 00 seconds [01:00]
Now is the fun part! Make a list of features you want in your home. Separate the "must haves" and "wants." Be sure to think about neighborhood, school quality, commute and traffic. Not to mention, you're going to be living there, so the style and functionality of the home is of the utmost importance.
How real estate agents can help guide you: Elapsed time 1 minutes 18 seconds [01:18]
While online searches can yield great results in getting you started, you should also utilize the expertise and network of your real estate agent. Their professional insight can help you avoid common mistakes and find the perfect home for you.
Description of visual information: [USAA. Equal Housing Lender.] End of description.
End: Elapsed time 1 minute 38 second [01:38]
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Summary
- First, hire a reputable real estate agent to be your top resource every step of the way.
- Your agent's duty is to hold your best interest above everything else and can help you avoid common mistakes.
- Review your mortgage budget and plan for other expenses, including the down payment, closing costs and maintenance.
- Make a list of your wants and needs, considering things like style, school district, commute and more.
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