Buying a home, condo, or townhome in Seattle, WA?
Purchasing a home can be a stressful and nerve-racking process, especially in a competitive real estate marketplace like Seattle is currently experiencing.
If you're thinking of buying a home, condo, or townhome in Capitol Hill, Queen Anne, Belltown, or the Seattle, WA area, contact top-rated real estate agent Beshir Abdella and get started on your home search today!
Have more questions? Want to get started on your home search? Get in touch.
Five things to consider before buying a home
There are many factors to deliberate on when thinking of purchasing a home:
Is it in the right neighborhood? Is the mortgage at the best rate? Will this be a temporary home or could your family grow in it? All of these are important questions that go into making a perfect choice, not only for you but your family. For some people, the purchase of a home is the single most significant investment of their lives. However, It can also be one of the most complex and wearying journeys someone can take. Here are some tips to guide you through your home buying experience.
Are you financially ready to buy a home or does it make more sense for you to continue renting?
Have you attempted to get pre-approved for a home loan?
Now that you know your budget, is this your ideal situation?
Have you narrowed down what city or neighborhood you'd like to live in?
What kind of home would you like and are you willing to do any home improvements?
What not to do:
Change jobs, become self-employed or quit your job.
Get a car loan or add another large debt during the transaction process.
Use credit cards excessively or let current accounts fall behind.
Spend the money you have set aside for closing.
Add any additional inquiries into your credit.
Top home buying tip
Owning a home can become an expensive investment— sometimes much more costly than renting, even if your monthly house payment will be similar or cheaper than your current rent amount. That’s because when you own a home, you’re responsible for all the maintenance and upkeep costs…and those can add up fast!
So, before you even think about buying your first home, make sure you’re debt-free and have an emergency fund of three to six months of expenses in place.
Keeping you informed on how COVID-19 will be affecting the way you buy and sell a home, and what guidelines the real estate community will have to abide by.