The New Year is symbolic of a fresh start: time to set new goals and create a better lifestyle for yourself and your family. What are you focusing on as you ring in the New Year? If you haven’t already set your resolutions, then right now is a great time to consider the lifestyle that you desire.
Often, resolutions are focused on health, weight loss, nutrition, self-care, finances, and more. But, don’t overlook one of the most important goals that you can choose: creating a comfortable home for your family.
Resolutions to Buy a Home This Year
Whether you are preparing to buy your first family home or you want to upgrade to a bigger property, you need to look at the smaller preparation tasks so that you are ready for the purchase. You can set a goal to “buy a home,” but this goal won’t be realized without a little bit of effort to ensure that you are prepared for the real estate transaction. Here are a few resolutions that will make it easier to buy a home in 2019:
- Manage Your Budget: Qualifying for a mortgage means that you need to save money for the down payment. Plus, you should pay down debt balances to improve your debt-to-income ratio. Managing your spending can be a great way to help you prepare your financial health for a home purchase.
- Evaluate Home Repairs: If you are planning to sell your current home, then it is probably time to put in a little “elbow grease” so that your property is ready to be listed on the real estate market. Even if you aren’t planning to move, a few home repairs can be a great way to improve your home environment.
- Mortgage Qualification: Meet with a lender to determine the size of the loan that you will be able to afford. You might be surprised to learn that your options are limited if your income doesn’t support the home that you desire. Talk to your lender about personal goals that will help you qualify for the financing that is needed, such as credit score improvement, debt paydown, saving for a down payment, and more.
- Hire a Real Estate Agent: The best thing that you can do is build the right team to support your home ownership goals. Talk to us at DUFFY Realty to learn about the services that match your needs. Additionally, we can help you find the right lender, contractors, appraisers, inspectors, and more. Building a team of professionals will reduce the likelihood of problems when you are buying a home.
DUFFY Realty has been serving the greater Atlanta area for many years, offering the best real estate services for the community. We invite you to schedule a consultation with our team so that we can help you fulfill the dream of homeownership this year. We are here to answer your questions and assist with your real estate needs. Call: (678) 318-1700