1)
Find a Good Realtor.
A good Realtor buys and sells
houses for people on a regular basis. They know the market, and will help you
figure out what is most important in your search. They also will have a grasp
of different financing programs, and will be able to guide you to the
appropriate lender that best serves your needs.
A Realtor does not cost the home
buyer any money. Commissions are paid by the seller from their net proceeds. By
the way, I happen to be a good Realtor! Give me a call!
2)
Get Pre-Approved by a Lender.
This is where I always start with
my clients. When I first became a Realtor, I took a client around looking at
homes, and they found their perfect home and fell in love. We then talked to a
mortgage broker and found out they couldn’t afford this home. It was
heartbreaking!
Taking this step will let you know
how much home you can qualify for, and more importantly, will give you an idea
of what a monthly payment will actually be so you can make sure it fits in your
budget.
Once I get an approved amount from
a lender, I set up a search through our MLS of homes that meet my client’s
criteria within that price range. They let me know which ones they want to see, and I schedule the showings.
3)
Have realistic expectations.
You must have a little give and
take. If I got my clients everything they wanted, I would be a Realtor God! The
truth is that you have to take the good with the bad, and decide which option
on the market best fits your needs.
4)
Be Prepared for Obstacles.
Murphy’s law states that if
something can go wrong, it will. I have very seldom had a real estate
transaction happen without some sort of obstacle to overcome. The key is to be
resilient and calm through the transaction. There may be glitches in financing.
Inspections often times turn up things
that Buyers get leery of. Sometimes offers get rejected and the Seller accepts
another one.
The thing I have learned in this
business, and in life in general, is that situations usually end up turning out
just the way they are supposed to. When things don’t go your way in a deal,
that probably means there is another deal out there waiting on you that will
work out better.
Avery Garrett is a top Indianapolis Realtor serving the Indianapolis Metropolitan area from Coldwell Banker Kaiser. Avery is Zillow.com Premium 5 Star Agent and Top Contributor, and is a Member of the Metroplitan Indianapolis Board of Realtors. Contact Avery for a complimentary, no obligation, Market Analysis of your home at 317-721-2274, or SoldByAvery@gmail.com. See Avery's reviews and search for a home at www.SoldByAvery.net.
Avery is proud to help home sellers and home buyers in the following communities: Carmel, Fishers, Noblesville, Westfield, Cicero, Sheridan, Lebanon, Zionsville, Brownsburg, Avon, Danville, Plainfield, Mooresville, Camby, Greenwood, Bargersville, Martinsville, Franklin, Shelbyville, Southport, Beech Grove, New Palestine, Greenfield, Lawrence, Greensburg, Nashville and beyond.
