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    What is most important when buying a home?

    If you’re in the market to buy a home, there are THREE things you must do up front:

    1. Balance Your Head and Your Heart
    Buying a home can be an emotional experience, but it’s also a logical, financial decision.This purchase has a major impact on major aspects of both your present and future life … things like your monthly expenses, your freedom to spend money on things outside of your home, your ultimate net worth, your retirement, your kids’ educations. So it’s understandable that this decision often brings up fear, anxiety, impatience and frustration in addition to hope and excitement about the future.

    The secret is, don’t let your emotions get in the way of a prudent purchase. When you feel yourself getting overwhelmed with all of the “what ifs” of the home-buying decision, take a step back and seek an objective opinion.

    Tip: Be honest with yourself about your present situation and your future goals, and share this information with your real estate agent. If you’re working with a quality team, you will always have someone in your corner to help you keep things in perspective.

    2. Find Out What You Can Afford Right Now
    In today’s world, mortgage pre-approval is required just to make an offer on a home, and this is a good thing. It allows you to consider only the homes that fit your financial needs. Knowing your buying power gives you freedom and confidence to make big decisions more clearly. Ask your real estate agent which lenders they recommend so you can get the process started now.

    3. Become a Well-Informed Buyer
    From mortgage rates to contingencies, closing costs and tax breaks, there is a lot to know and understand about the home-buying process. Luckily, you don’t have to become an expert in all things real estate … that’s why you work with a real estate agent! A good agent will walk you through the entire process, explain the latest developments in the real estate market and answer any questions you have.

    Everyone on Team Beltran loves helping clients make informed decisions by sharing what we know (and we know a lot!). Give us a call and schedule a time to talk.

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