Buying your first home


Congratulations! You’ve officially entered full-fledged adulthood if you’re ready to buy your first home. The prospect of purchasing your first home might feel overwhelming, but with these tips and tricks you’ll be well on your way to getting into a new home and beginning the next chapter of your life.

Get Pre-Approved

The first step in your journey should be getting pre-approved. This will help you understand how much money you qualify to borrow for a home. Imagine this: You tour a home and fall in love with the sprawling fields and lofted ceilings. You want to put in an offer but you’re devastated when your offer is rejected because you don’t have a mortgage pre-approval.

Before you begin going to showings and falling in love with houses, your Real Estate Agent will want to make sure you’ve got financing locked down. Getting pre-approved first will help you and your real estate agent determine your price range so you don’t waste your time looking at properties that you cannot comfortably afford. A pre-approval will also make your offers more compelling to sellers giving you a boost over the competition. Click here to connect with The Bob Melone Team to get your pre-approval rolling today.

Save, Save, Save

I’m sure you already know that buying a house is expensive and for most people it’s the biggest purchase of their lives. Ease your stressors later by starting to save early. Your savings will need to be robust enough to account for the down payment, closing costs, moving expenses, and any new furniture you might need. You’ll want to make sure you’re not completely draining your savings account for these costs either. A nice cushion in the form of an emergency fund for unexpected costs will certainly ease the fear of any unknowns. If you start saving now, your future self will thank you!

Not Everything is Within Your Control

It’s almost too easy to let the stress of purchasing a home completely overwhelm you. We do this every day, so here are our tips and tricks to fight it. Take a deep breath, and trust that everyone is doing their part to make you a homeowner. There might be some small headaches during the process. Paperwork needs to be meticulous. Money needs to be traced. Properties need to be inspected and appraised. Remember that all the headaches now are only temporary and the feeling of being a homeowner will be worth it. Push back any anxiety by keeping your eye on the end goal….a beautiful home to call YOURS.

No other mortgage lender will offer the level of service that the Bob Melone Team provides. When you choose our team to handle your mortgage financing, you can rest assured knowing we’ve got your back throughout the whole process.

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