Purchasing a house can be an overwhelming experience, as you are faced with a multitude of decisions! The primary one is whether you are actually prepared to purchase a home. Locating the perfect home is not always an easy task, and obtaining a mortgage can be a complex and tiring process. Although, once you have determined that you are ready to move forward with the required effort towards your home-purchasing goal, the rewards are unquestionable.
Finding the right Realtor for you
A good match between client and realtor is essential for a successful transaction. By being a licensed realtor since 1990, Lulu is very well educated on the home buying process. Lulu is familiar with the current homes on the local market and the resources to support the buying effort. Having a full time assistant to book your showings allows her the time to keep you well informed during the process and help you prepare so that sellers perceive you as a qualified buyer. Lulu's enthusiasm and experience for negotiating offers benefits her buyers by saving them not only time but money.
New Home Search
Finding the right home can be an emotional time filled with difficult choices. The best plan is to make a list of what type of new home you'd like and where you would like it to be. Be specific. Separate the "must haves" from the "want to haves."
Think of yourself as zeroing in on a target, going from the general to the specific. Consider area (city, suburban neighbourhood, rural); community (north, south, east, or west side); neighbourhood (older and settled or sparkling new; a particular school zone; recreational facilities; and other community services such as transportation, day care, library, stores, entertainment). Ask yourself how much time you are willing to commute to work.
Think about home styles. How much space do you need? Does your situation require a one-level home, or are stairs acceptable? Consider size and kind of property. Do you want a newer home, or maybe an older one to fix up? Someday you will want to sell. Consider how long you expect to live in this particular home.
Qualifying for your Mortgage
Once you have addressed the above needs, your next step in the purchasing process is to get pre-qualified with a bank. This should be done before you start looking at homes and before making an offer to purchase. Pre-qualification is a simple calculation used to determine your maximum purchase price. Your lender will review and verify all of your financial information and then will determine the maximum amount of financing you can afford. If you are not currently working with a broker Lulu will refer you to a mortgage professional that has an excellent reputation and track record for successfully approving mortgages for her clients.
The easiest way to determine your costs, and how much you can afford, is to use the mortgage calculator on this site. It will give you the monthly payments that you can expect given your financial situation.
Finding the Right Home for You
Once you've been pre-qualified and know what price range you want to stay in, Lulu will help you determine which properties fit your needs by using the (MLS) Multiple Listing Service system to locate them.
Lulu has the best possible resources and communication systems available today to help you locate the homes on the market that match your specifications. You can even search listings on her website.
Every Step of the Way
Throughout the buying process Lulu will keep you informed and is always available for any questions or concerns you may have. After finding your new home, Lulu will help you complete your financing and inspections, and close on the transaction. Her top priority is to make sure that your home buying experience is pleasant, cost-efficient, and successful.
If you are planning on buying a new home in the next year, Lulu would love to opportunity to represent you.