Category Archives: NHF Platinum

5 Steps to Buying a Desirable Home

  1. joeDetermining Affordability

The primary step in buying a home of your desire is determining its affordability. As a first-time buyer in Seattle, it is vital to first establish your potential to acquire a home. This takes account of requirements for making a down-payment, monthly mortgage payment, utilities, closing costs as well as home maintenance costs. Many programs for mortgage financing are available, such as NHF Platinum. This particular grant is free and meant to incentivize your home-buying initiative. It is neither repayable nor gets factored into your mortgage repayments. A Conventional Mortgage in general requires minimum down-payment of 5 percent. Your debt-income ratio on monthly basis ought not to exceed 36 percent and credit score needs to be 660 at minimum. Mortgage lenders can also help you find a suitable program for financing your house via alternative programs which accept lower credit scores, lower down-payments and higher debt-ratios. Such aids include FHA loans and related special programs for financing home-buyers. It is critical to be comfortable with the prescribed rates of repayment, after you have been approved for a given loan amount by your lender. Take into account that owning a home requires making payments for utilities and its maintenance apart from paying for mortgage. You should get a “pre-approval” if you consider moving within three months or below. This will enable you start touring homes soonest possible.    If you would like to find out more then please visit NHF Platinum

 

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  1. Location      

Proceed to seek for an appropriate location of real estate Seattle presents, only after establishing how much you can afford for a given home. Location is quite a personal matter that depends upon how close you are to your employment place, local shopping, family members, schools and places of worship. In society today where majority of households have two income sources, time is of great value. Spending less amount of time commuting could add quality time back into your life. After narrowing down to just a few choices, it is further critical finding out the neighbourhood with homes you can afford.

 

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  1. Select your Desired Amenities

The next thing is making a list of your desirable home features. It is helpful to distinguish between “must-have” and “nice to have” features. It would be great finding a home available for sale within your preferred location, having all the features you seek and lying within your range of affordability. That happens at times, however. You may find a home offering most of these features and knowing this ahead of time will be of strategic advantage to your decision-making.

 

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  1. Start your Search

Many endeavours for searching a home can be conducted using an online tool. Certain studies have indicated that majority of buyers utilize the web for locating their ideal home. Researching over the internet is both efficient and exciting. An MLS online Seattle provides facilitates virtual tours and photos of different properties available in Seattle. You also get to know extensively about the property for which you are prospecting.

 

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  1. Consult with a Realtor

In case you have not yet done so, choose a professional in real estate Seattle hosts who suits your taste for a home. Whether it is early during the process or just when starting to view homes, working with a local Real estate professional can turn to be invaluable to your ambitions. This professional would understand market trends already and facilitate your acquisition of property.

 

If you’re in the Seattle area and looking for the best realtor around then look no further than Real estate Seattle who are the best in the business. They have been around for a very long time with 1000’s of satisfied clients, if it’s a small condo or a large family home you’re looking for then they can help. They also offer MLS online Seattle. If you have any questions at all then please don’t hesitate to get in touch with one of the team who will be more than happy to help you out.  You can learn more about the great team behind the business here or why not check out some of the glowing testimonials their customers have left.  They also have a great feature packed blog here or why not Ask Joe, he’s here to help.  

 

If that’s not enough for you then they also offer a free down payment grant that is never repaid and doesn’t add to the loan balance. So don’t delay, get in touch with Joe and his team today. Good luck with your house hunting!