Dallas County Home Buyers FAQ's
Answering Your Dallas County Home Buying Questions
Buying a Dallas County home is both thrilling and a bit unnerving, especially if you're a first-time home buyer. Both experienced home buyers and first-time buyers alike will benefit from the frequently asked questions below. Before you begin your Dallas County home search, it is recommended that you prepare yourself for the journey by educating yourself. This will ensure you are a knowledgeable home buyer prepared to make a confident home buying decision.
Q - I've never purchased a home before. Where should I begin?
A - Actually, you've already started the process. Fact-finding and reading articles is a great way to become a smart consumer. The highest priorities to focus on before you begin searching for specific areas, neighborhoods, or homes would be to:
- Familiarize yourself with your personal finances.
- Learn about the Dallas County real estate market.
- Carefully review your budget and begin to eliminate as much debt as possible.
- Have a down payment and earnest money ready when the time comes to act and make your offer.
Your next step is to contact us. As your home buying specialists, we'll protect your interest and manage the details of the real estate transaction on your behalf to your complete satisfaction. For more experienced buyers, a little brush up on the real estate process wouldn't be a bad idea. Of course, you'll need a really sharp Dallas County real estate team to protect your interests too!
Q - With all the bad news about mortgage products and home foreclosures, how do I avoid making a big mistake when deciding which type of loan to select?
A - Once we meet and review your finances along with your home buying needs, you should select a lending consultant. We can recommend several trusted lending professionals or you can choose your own. Having upmost confidence in your lender is important. Be sure you feel completely at ease with them. They should speak to you in easy to understand terms. Ask many questions and never sign any document until you know what you are signing and feel completely at ease signing it.
You will be offered many mortgage options, each with its own unique advantages. Factors you should consider include:
- The amount of money you have for a down payment
- The length of time you expect to live in the home
- Whether your mortgage qualifies for a FHA or VA loan
In Dallas, it is a buyer's market and your choices are plentiful. If you are considering a home purchase, now is the time to buy!
Let's Get Started!
The next step is to meet with Sue Krider to review your needs and determine a budget you are comfortable with. With the information you provide, Sue will find the Dallas home that best suits you and your family!