Hunting for a new home online is a great place to start your home search. Here’s how you can get the ball rolling:
- Search by zip code. This will give you a good idea of how many homes are for sale in your target area, the median home price and how long homes in the area are staying on the market.
- Check out school districts. Even if you don’t have kids or plan to have them, some research suggests that homes in good school districts hold their value better in economic downturns and because it may be easier to sell your home when you move.
- Take note of price per foot. Price per foot is a great way to compare homes in your area. You’ll also better understand characteristics and features of the homes in the area. It may also help you when deciding between similar homes.
These search techniques can give you a good idea about where to buy and how much to spend. Once you know what your target purchase price is, you’ll want to get a pre-approval letter from your lender and find a licensed Realtor. A pre-approval letter lets your realtor (and sellers) know that you are a serious buyer and can afford the home you’re interested in. Most sellers will not accept an offer without one. Then, your real estate agent will help you cover all your bases and will ask questions you may not have thought of. Next, they’ll help you explore homes you’re interested in and begin the offer process.
If you’re beginning your home buying journey and would like to get pre approved, fill out the form below! There is no cost or obligation.