By The Kent Redding Group
AUSTIN, TX – Planning on buying an Austin Texas Home in the coming months? If so, you’re not alone. Many people are thinking about buying a house in Austin right now thanks to historically low mortgage interest rates and affordable home prices.
Before going out to start your home search make sure you take the time to read our 3 best-kept secrets for buying an Austin Texas Home.
Buying Secret #1 – Meet with a Lender
Although you’re ready to start searching for a home you should first meet with a lender to determine how much of a home you can really afford. This step is very easy to do. In order to pre-approve you for a mortgage loan, your lender will want to see your financial history including the following:
- Proof of income
- Credit report
- Bank statements
- Income tax returns
- Credit card statements
- Proof of assets
- Personal documentation like your driver’s license and social security card.
It’s best to think ahead and have all of your financial documentation in order because lack of one document can delay the pre-approval process.
Buying Secret #2 – “Stalk” The Area
Once you’ve been pre-approved for a mortgage, and know where you want to move in Austin, the next step is to stalk the area and get a good feeling for the area including visiting there in the morning, noon and at night.
Besides learning more about the area you should also see how long it will take to drive from the area to your office, and you should also review the schools in the area too since even if you don’t have children now it’s always a good idea to buy a home in a great school district.
Buying Secret #3 – Buy a Home with Your Instincts, Not Emotions
Even though you may love granite counter tops, open concept floor plans, garden tubs or hardwood floors, you should buy a home with your instincts, not emotions since you don’t want to get emotionally attached to a home and bid more money for it than you can afford.
Buy an Austin Texas Home
To get started with buying an Austin Texas Home contact Kent Redding and Associates today by calling us at (512) 306-1001 or click here to connect with us online.