Buying

Buying Your Home

Buying a home is an exciting but often overwhelming experience, particularly if you are buying your first home. As your REALTOR®, we can help you through the home buying process and assure that you find the right home for you, at the right price for you.

Every homebuyer has a number of concerns, all of which we can help you with:

Buying a home is an exciting but often overwhelming experience, particularly if you are buying your first home. As your REALTOR®, we can help you through the home buying process and assure that you find the right home for you, at the right price for you.

Every homebuyer has a number of concerns, all of which we can help you with:

Setting a Time Frame
There are a lot of variables in the home-buying process, which means the time it takes to find and buy your new home varies too. A typical home search process may take three to four months, including the mortgage approval process, comparing and evaluating properties, making an offer and the closing process. The loan process typically takes 30-45 days.

The Lending Process
Perhaps one of the most intimidating aspects of buying a home is the mortgage approval process. We'll be here to help guide you through this, but there are many ways you can prepare early to make the process smoother. Start by making sure your budget is under control--make a list of all your monthly expenses, compare it with your income, and see if adjustments need to be made. You should also try to pay off small credit card balances. Start gathering documents you may need, such as W-2 forms, income tax returns for the past few years, pay stubs, records of child support or alimony, bank statements for the past several months, and your credit report. Also, be sure to allow for closing costs. Getting several offers will allow you to compare loans and get the best deal.

Determining How Much You Can Afford
A general guideline to consider is that most buyers purchase a home that costs about one and a half to two and half times their current annual income. For example, someone earning $50,000 a year might purchase a home for $75,000 to $125,000. Mortgage payments should be about 26-28 percent of your gross monthly income. Existing debt is also considered in the mortgage process, and total debt payments (car payments, credit cards, student loans, etc.) should not exceed 40 percent of your gross monthly income. View below to use this easy mortgage calculator to get an estimate of monthly payments.

Please do not use commas. The accuracy and applicability of the calculator below are not guaranteed.
Interest Rate:

Loan Amount:

Loan Term (in years):

Annual Taxes:

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Below is Your Monthly Payment


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Scottsdale Web Design Total Monthly Payment:


Finding a Home That Meets Your Needs and Wants
Before you start looking at properties, make a list of "must-have" features along with optional features you'd like to have. "Must-have" features may include the number of bedrooms and bathrooms you'll need to accommodate your family, location (consider commute to work, which schools your children will attend, etc.), lot size and special needs (handicapped access, etc.). Optional features may include the architectural styling, bay windows, landscaping, etc. Having a clear idea of what you want in a home will help your REALTOR® find the perfect property for you.

Educating yourself about the home-buying process is key to getting a home you love and can afford. As your REALTOR®, we are here to answer any questions you might have and guide you through this process.

Search Homes

Here you will find access to homes for sale throughout the market, including the entire MLS database of active listings.

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Property Request Form

Go here to request the ideal property for you.

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Dream Home Finder

Just fill out this form and let us know what you are looking for in your dream home and let us help you with a personal approach!

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Wants Vs Needs Checklist

There is a lot to consider when buying your new or next home. You want to make sure that you get the BEST house for YOU.

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Getting A Mortgage

When it comes to the loan process, there are several steps that one must go through.

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Relocation Resources

Relocating to a new state, or even just a new neighborhood, is exciting but can also be stressful.

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Moving Checklist

What to do before, during, and after you move.

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Free Real Estate Reports

Looking for tips to help you in today's market conditions? Access our free reports that help you keep up to date and provide you with strategies for a successful experience.

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Seminars

We have created these FREE monthly seminars to educate and inform our clients as well as the local community on subjects that they relevant whether real estate related or not.

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