If you plan to buy a home in Frederick in the near future, you are probably feeling quite excited about the opportunity. There is nothing quite like moving into a new place, as it will probably be an upgrade over your current place in some form or fashion. Whether you want to move into a bigger house, or just want to live in a certain neighborhood, purchasing a home is an exciting time in your life.
It is also a stressful time. Once you get into the home buying process, you will realize that there are many moving parts which need to be coordinated. One of those moving parts is the act of actually shopping for a home. How do you find the right home for you and your family? How do you avoid wasting hours and hours looking through listings that don’t really apply to your needs? The tips listed below should help tremendously.
It All Starts with a Price
Of course, this is where we are going to start. If you don’t know how much you can spend – or want to spend – on your next home, you will be stuck in shopping-mode forever. To establish a budget confidently, it is a good idea to work with a lender right from the start. Seeking out a pre-approval letter will do a couple of things for your house-hunting process. First, it is going to help you determine what price range you should watch for in the local market. After all, it is a waste of time to check out houses that you can’t actually afford. Also, you will be a more attractive bidder when you are pre-approved. With this letter in hand, you can make an offer that will be considered more reliable than one made by a party without any pre-approval in place.
Where Do You Want to Live?
Before you can decide what kind of house you want to live in, you actually need to start by figuring out where you want to live. Many Frederick, MD residents commute to DC or Baltimore, but how far from your job are you willing to shop? Do you have any other concerns to consider, like schools, proximity to extended family, etc.? Take a look at the map and establish an area where you would be willing to live. Once you have this step complete, you can then narrow down your search to examine specific properties.
With the right real estate website or app on your side, you can filter for houses that are both within your price range and your desired geographical area. From there, it is just a matter of looking through them one by one, finding options that meet your needs (bedrooms, bathrooms, square footage, etc.).
Of course, it would also be helpful to work with a real estate professional (like Dan Hozhabri) at this point. Your Friendly Agent will be able to help you sort through the possible options, and he even be able to find out about properties which are not officially listed just yet.
With the right plan in place and a little bit of determination, you should be able to find your next home in the near future. Good luck and have fun!