Buying a Home Tips
- Get a copy of your credit report and correct any errors.
- Reduce your consumer debt – pay down credit card balances.
- Assemble a cash down payment.
- Determine how much you can afford to pay for a home.
- Decide how much you are willing to spend for a home (different from how much you can afford).
- Get familiar with basic mortgage terms.
- Shop for a mortgage loan on the Internet.
- Get pre-approved or at least pre-qualified for a mortgage loan.
- Investigate neighborhoods where you want to look for a house.
- Consider neighborhood school quality and crime rates.
- Select two or three neighborhoods that meet your requirements.
- Get your Real Estate Agent’s help in evaluating the asking price of homes you like.
- Contact us for more help and personal recommendations.
Deciding To Buy
Below are some preparations you can make prior to contacting your Arizona Real Estate Agent with your home buying needs. You can also contact us at any time and we can guide you through the entire process as well. The Maricopa Real Estate Company makes buying a home in Arizona easy!
Deciding to buy
Preparing to buy
Choose a real estate agent
Time to go shopping
Excrow inspections and appraisals
Moving in
Why Do You Want To Buy?
Are you tired of paying rent? Have you decided to pay your own mortgage and not your landlord’s? Have you outgrown your current home? Are you looking for an investment portfolio? Are you looking for a rental property? Would you like a larger yard? Would you rather live in a different area? Do you want to shorten your commute? Having a clear sense of your reasons for buying will help you choose the right property.
Has Your Income Grown?
Property ownership is an excellent investment; whether you are looking for your dream home, a rental property, or to expand your investment portfolio. Owning real estate is one of the least risky ways to build equity or to obtain a greater return on your initial investment.