Buying A Home in 2012? Preparation Is The Key!

In a recent article posted by Trulia Staff member, Tara-Nicholle Nelson, she points out 5 things that every buyer should consider when buying a home in 2012. And the drum roll please...

1. Check your credit - it seems obvious, but so many people think they don't need to or they completely forget. You can save yourself a lot of time and pain by checking your credit before starting the loan process.
2. Do your research - Make plans to meet with a qualified mortgage broker - they can help you lay down a road map for getting your financial house in order and pre-qualifying you for a loan. Once you have an idea of the area of town you are interested in, contact me and I will further assist you in finding the home that best fits your needs. Internet searching is popular, but should not replace a visual inspection of the property.
3. Cash is king - It is good to have money for a down payment. You may decide that saving a little extra cushion for as Tara says "repairs, upgrade a couple of things, buy appliances or even just to hold onto in order to minimize your anxiety about depleting your savings."
4. Clear some stuff out - It's a great time to start fresh. You can donate for tax savings, sell stuff to deepen your cash reserve, or just clean out stuff you don't need.
5. Hold off on making big item purchases - Now is not the time to buy that new car you have always wanted, that can hurt your credit worthiness and postpone your dream of owning your own home.

If you are still on the fence about buying a home in 2012, then check out this video:





It's a great time to buy a home and preparing yourself will make the dream a reality. Say goodbye to 2011 and HELLO to 2012!

For further information on the home buying process or selling process, contact Todd Adams at 503-332-5227 or visit Home Search