Skip To Content
Texas Real Estate Commission Consumer Protection Notice
    • Home
    • Buying
    • 3 Steps to Launch the Homebuying Process

    3 Steps to Launch the Homebuying Process

    You’ve decided you’re ready to buy a home – now what? Start with these initial steps:

     

    1. Get your financial ducks in a row.

    Calculate how much money you have in savings and assets, your total annual income and your expenses. Know how much of it you can allocate toward a down payment and other expenses. Check your credit report and fix any errors. This will help you determine what type of loan you qualify for, and the price range of homes you want to look at.

    2. Determine how much house you can afford.

    A common rule is that your monthly mortgage payment should not exceed 28 percent of your pre-tax income. You can plug your information into an online mortgage calculator to get a starting idea of exactly how much you’ll pay each month with different interest rates and terms.

    3. Shop!

    It’s important that you keep an open mind and look at a wide range of properties. Go to open houses. Cruise the Internet. Peruse different neighborhoods. As a real estate agent, I can help by finding properties that match as many of your “wants” and “needs” as possible. When you fall in love with a house and are ready to make it official, I can help you navigate the process from putting in an offer to the closing table.

    For more advice on how to prepare to buy a home, contact me today! I can help you through every step of the process.

     

    Written by Jesse Rene Garza on . Posted in Buying, Financing, Financing Home, Mortgage, REALTOR, Searching for Home
    Tags: , , , , , , , , , , , , , , , , , , , , , ,

    Trackback from your site.

    Leave a Reply

    Testimonials

    ⭐⭐⭐⭐⭐ Rosa and Jesse were excellent. They were very patient with my questions and worked very diligently to sell my home quickly. Because I had relocated out of town they often stepped in as my representative, accepting packages and meeting repairmen at my home. I received great offers in a short amount of time and was able to close in a little over a month since going on the market. You won’t be disappointed with their services
    Brenna Ellis | San Antonio