As the new year starts, pursuing your dream of buying a Santa Cruz home may be on your list of resolutions. Prices and interest rates are extremely low, which means 2012 could be the perfect year to buy a home. As exciting as that is, I bet it can also feel a little overwhelming.
One of the best ways to attack a big goal is to break it down into smaller goals. So here are four smaller goals you can tackle to accomplish your larger goal of buying a home:
1) Prepare for battle: Before you begin looking for a house, look at your financial situation. Do what you can to clean up any credit blemishes, pay off debt and save toward a down payment.
2) Check your qualifications: There's no sense looking at million dollar mansions if that's not in your budget. Talk to a mortgage professional, or preferably several, to get an idea of what loan amount is available to you. Get preapproved for your mortgage so that you're ready to make an offer when you locate your perfect Santa Cruz home.
3) Build your army: Finding a real estate agent that you click with can make all the difference in navigating the home buying process successfully. He or she can save you tons of time by pointing out the advantages and disadvantages of neighborhoods and homes so that you only look at places that truly fit your needs.
4) Define your perfect space: It's worth spending some time considering which characteristics of a home are most important to you. Think about the neighborhood, school system, and commute times, along with basics like number of bedrooms and square footage.
Once you have a clear understanding of your financial situation, know what you're looking for, and have the help you need to find the perfect Santa Cruz home, you will be amazed at how much more prepared you feel to take the next steps in the process.
If you want to discuss more details on the home buying process, contact me today at 831.662.6522 or Lauren@LaurenSpencer.com.
Visit my website at www.MySantaCruzRealEstate.com for additional information.