TIps for Maintaining Your Focus During the Homebuying Journey

by Moni Shah 11/04/2019

A homebuyer must stay focused throughout the property buying journey. Otherwise, a buyer risks missing out on an opportunity to acquire the right house at the right price.

Now, let's take a look at three tips to help you stay on course during the homebuying journey.

1. Craft a Homebuying Strategy

Creating a homebuying strategy enables you to outline the steps that you'll need to take to make your homeownership dream come true. Plus, with a homebuying plan in place, you'll be better equipped than ever before to streamline your house search.

Think about where you want to live and what you want to find in your ideal residence. Then, you can make a checklist of home must-haves and wants. And once you develop this list, you can enter the housing market with a plan in hand.

2. Get Pre-Approved for Home Financing

Home financing plays an important role in a buyer's ability to acquire a residence. If you ignore home financing as you move along the homebuying journey, you may struggle to get the finances you need to purchase your dream house.

Oftentimes, it helps to get pre-approved for a mortgage so you won't have to worry about home financing as you move along the property buying journey. To get pre-approved for a mortgage, you should meet with a variety of banks and credit unions. That way, you can learn about all of your mortgage options and select a mortgage that matches your finances.

As you review your mortgage options, don't hesitate to ask questions. Banks and credit unions employ home financing specialists who can remove the guesswork commonly associated with getting a mortgage. These specialists are happy to respond to your mortgage concerns and questions and ensure that you can make an informed home financing decision.

3. Work with a Real Estate Agent

When it comes to staying focused during the homebuying journey, it generally is a good idea to hire a real estate agent. This housing market professional can offer plenty of assistance throughout the property buying journey. And by doing so, a real estate agent will ensure that you can seamlessly navigate the property buying journey and achieve your desired results faster than ever before.

A real estate agent understands the challenges that buyers frequently encounter when they pursue houses and can help you plan accordingly. Furthermore, a real estate agent will guide you along each stage of the homebuying journey and do everything possible to help you avoid potential pitfalls.

Also, a real estate agent provides comprehensive support as you get ready to finalize a house purchase. He or she will help you get ready for a home inspection, appraisal or closing and ensure that you can purchase your ideal house at a budget-friendly price.

Don't lose focus as you pursue your dream residence. Instead, use the aforementioned tips, and you can stay on course and accomplish your homebuying goals.

About the Author
Author

Moni Shah

Moni has been in the field of Real Estate since 2001. She started with Property Management and went into Real Estate sales 2 years later.

Moni specializes in listing residential real estate and helping buyers find their ideal home in the Bay Area. When representing sellers, her expertise lies in helping sellers prepare their property for the market, determining an optimal list price and formulating a custom listing plan to maximize exposure to qualified buyers. 

When working with buyers, she makes sure that she educates and informs buyers about the market in which they want to purchase, so that they have all the information they need to make an informed buying decision. “I know Bay Area market, I have worked through the swings the real estate market has taken over the years and feel confident that I can steer my clients in the right direction.

Moni received her BS in Psychology and worked for a publishing house. She soon changed gears and started working for a Home Owners’ Association. Here she developed a deep interest in Real Estate and decided to pursue a career in Real Estate.

Moni has been a resident of the Bay Area since 1995, she lives in Fremont, with her husband, 3 kids and her beloved dog Charlie.