Monday, December 1, 2014

7 Simple Tips for Buying Your First Bend Oregon Home

You’ve saved money for your down payment and have worked hard at building a great credit score, now it’s time to buy a Bend Oregon Home.

Before starting to search for your first home make sure you follow these simple tips:

Tip 1 – Check Selling Prices

Check selling prices for the neighborhoods you want to live using websites like Trulia and Zillow or ask your Realtor to check the Multiple Listing Service to compile a list of homes in your target neighborhoods.

Tip 2 – Use a Mortgage Calculator

Get ready for the mortgage payment you can expect to pay by using an online mortgage calculator.

Tip 3 – Determine Your Monthly Housing Cost

After confirming what is your expected mortgage payment take the time to calculate what your total housing costs will be each month.

Your total housing costs will include: homeowners insurance and property taxes so it’s best to calculate these costs before buying a home so you know what to expect.

Tip 4 – Think about Closing Costs

Closing costs are something you can expect to pay when buying a home.

These costs will include: settlement fees, origination fees, taxes and homeowners association fees so it’s also best to discuss expected closing costs with your Realtor before buying a home.

Tip 5 – Take a Look at Your Budget

Everyone desires the best home for their money but before committing yourself to a home you can’t really afford take the time to analyze your finances and confirm that the home you want to purchase won’t consume more than 28 percent of your income that you will pay in housing costs.

Tip 6 – Determine Your Must Haves VS. Should Haves

Before starting your home search take the time to determine what your list of must haves and should haves are when searching for a home.

Must haves are things you absolutely want in a home like: 3 bedrooms, 2 bathrooms, and granite counter tops in the kitchen, bonus room for an office or workout room.

Your “should haves” might include an open concept floor plan, spare room for an office or workout area, wood flooring throughout the home, energy saving windows.

Tip 7 – Find a Realtor

Last of all, but most important, to start searching for a Bend Oregon Home contact Birtola Garmyn Real Estate today by calling us at (541) 312-9449 or click here to contact us through our website.

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