Tips for Buyers: Score a Great Deal on a House

by Lori Vernon Gagetta 03/08/2020

Believe it or not, you don't need to be a homebuying expert to score a great deal on your dream residence. In fact, there are many things you can do to find and acquire a house that won't force you to break your budget, and these include:

1. Shop Around

When it comes to conducting a home search, it generally is a good idea to be thorough. If you search for residences in a variety of cities and towns, you can boost the likelihood of finding a home that you can afford.

Also, it is important to remember that scoring a great deal on a residence usually requires hard work and patience. If you perform lots of housing market research, you can gain deep insights into the real estate sector. You then may be able to use housing market insights to find ways to speed up the process of locating and purchasing your ideal home.

2. Get Pre-Approved for a Mortgage

If you have a mortgage in hand when you start your home search, you will be better equipped than other buyers to pounce at the opportunity to acquire a budget-friendly home.

Typically, it won't take long to get pre-approved for a mortgage. If you meet with myriad banks and credit unions, you can explore all of your home financing options. Then, you can select a mortgage and perform a home search with a budget at your disposal.

If you have questions about a mortgage, there is no need to worry, either. Banks and credit unions employ courteous, knowledgeable mortgage specialists who are happy to respond to your home financing queries. Therefore, these specialists can help you make an informed mortgage selection.

3. Collaborate with a Real Estate Agent

A real estate agent is a homebuying professional who will help you find a terrific house at an affordable price – without exception. He or she knows what it takes to perform an in-depth home search, and as such, will take the guesswork out of acquiring your dream residence.

In addition, a real estate agent offers comprehensive homebuying insights you may struggle to obtain elsewhere. If you are unsure about where to search for a home, for example, a real estate agent can help you hone your homebuying criteria. Or, if you are uncertain about how much to offer to acquire your dream residence, a real estate agent will help you submit a competitive homebuying proposal.

A real estate agent is available to assist you in any way possible as you navigate the homebuying journey, too. That way, you can get the help you need to seamlessly go from homebuyer to homeowner.

For those who want to purchase a first-rate house at an economical price, it helps to prepare for the homebuying journey. By using the aforementioned tips, you can move quickly to find a home that falls in line with your finances. As a result, you could accelerate your home search and acquire your ideal residence in no time at all.

About the Author
Author

Lori Vernon Gagetta

After attending the University of Iowa, Lori traveled extensively with her positions in the travel industry before calling the Napa Valley home. For the past twenty years, Lori has earned a reputation for her organizational skills, honesty and integrity in the community as Manager of a local Travel Agency, as Director of Operations for Francis Coppola and as Director of Operations for a highly successful executive placement firm. 

These diverse positions have enabled Lori to explore the many different aspects of business from a small, local yet competitive company to the worldwide exposure of marketing international resorts, property management and the high tech industry of Silicon Valley.

As a member of the North Bay Association of Realtors, Napa Chapter, the National Association of Realtors, the California Association of Realtors and the Bay Area Real Estate Information Services, Coldwell Banker Previews International, Lori brings her attention to detail and her dedication to customer to Real Estate. Joining Coldwell Banker, Brokers of the Valley in August 2001, has afforded Lori the opportunity to experience all aspects of the residential real estate market. From the first time home-buyer, to the acquisition and marketing of vineyard land, ranch or estate property, Lori offers a progressive, informative and professional approach. 

This dedication and commitment has earned Lori a position in the President's Elite, the top 1% of all Coldwell Banker International Sales Agents.