RESOURCES FOR BUYERS
Check Your Credit
Your credit is crucial when applying for a loan; the better your score, the lower your interest rates will be. Be sure to check all three major credit reporting companies: Experian, Equifax, and TransUnion as the information in each report may vary slightly. Make sure you make copies of your credit report as well, and check your score well in advance of applying for loans.
Find a Lender
Most people need to take out a loan when buying a home, and you’ll want to be prepared to make an offer when you find that perfect home. It’s important to be sure that you’re approved for a loan before you start looking at homes so you don’t miss out on any opportunities. If you need help finding a lender, we can recommend trusted lenders near you.
Calculate what’s realistic for you before considering different areas to live in to be sure things stay within your budget. Once you know your range, we can help you make the most out of your money.
Stacy Draper-Compass Realtor is an outstanding experienced professional providing service to many property buyers or first time home buyers worldwide to explore the market. She offers skilled and reliable consulting services to both local and foreign clients.
She aimed to provide various residential property services in Newport Beach, Newport Coast, Corona del Mar, Laguna Beach, Eastside Costa Mesa, Irvine, and South County. She would guide you with investment possibilities that suit your preferences, whether you reside in the US or worldwide.
Stacy Draper-Compass Realtor is devoted to helping her clients find the homes of their dreams and puts out extraordinary effort to fulfill this goal & she is one of the top property market explorers & it is easy for her to find home buyers. Stacy is prepared to guide them through the process and make sure it’s joyful and hassle-free, whether they are first time home buyers or seasoned real estate professionals buying yet another property.
Stacy is driven to find her clients the perfect property. She has an in-depth awareness of which areas best meet the needs and wants of her clients since she knows each one like the back of her hand.
Finding the right home can be time consuming, but it’s important to consider everything before you decide. What’s the commute like to work? If you have kids, what are the schools like in the area? How many bed and bathrooms will you need? Do you prefer or newer or older styled home? All are important factors to take into account during the home finding process.
We are dedicated to helping you through the entire home buying process. Once we find that perfect home, we will prepare a written offer. With my experience in the market, we can help you arrive at an offer that both fits your budget and has the best chance of being accepted.
Once Your Offer is Accepted
After your offer is accepted, you’ll have a grace period to have the house professionally inspected and request repairs or counter offer if the situation arises. Once this step is complete, we will verify the terms and conditions of your loan, and assist you in signing your papers. I’m here to assist you with any questions you may have during the process.
Now that you’ve found your perfect home it’s time to make moving arrangements. If you plan on utilizing a professional moving company, we can recommend reputable, local movers. Don’t forget to fill out your change of address forms and inform the utility company of your move!
SHOULD I BUY A HOME NOW?
It could be a good idea to take a little step into the housing market now if uncontrollable price growth has kept you out previously. The wait is over now! This is the best time to buy a house, the best opportunity for first time home buyers, mortgage rates are decreasing, and buyers have the advantage right now because it’s the ideal time to purchase a property.
- However, as housing construction has not kept up with market demand and rental prices have continued to rise, there isn’t any valid method to reduce the increasing rental rates soon. At least when you own a property, you can lock in an affordable mortgage payment and begin accumulating equity instead of landlord equity.
SERVICES FOR BUYERS
We offer all services related to home purchasing to real estate agents & first time home buyers:
Regarding contractual relationships, we concur with the methodology demonstrated in the book. Fair, accessible, and effective.
- We talk about every facet of residential real estate.
- We exclusively collaborate with real housing associations.
- We keep you up to speed on current market analyses, investing trends, and the newest projects.
- We assist you in finding suitable clients to complete your trades.
RAPID DECLINE IN HOME APPRECIATION
Some price rises from May continued into June, probably due to homes under contract before spring’s jump in mortgage interest rates. Nevertheless, price growth appears to be reduced from year to year. After considering inflation, market prices have decreased from the previous year. The number of properties going under contract year over year in successive months has steadily declined in all areas, with commensurate increases in inventory.
Even though inventories are still steadily growing, it should be highlighted that the seller’s market still dominates. If inventory increase maintains its current pace, we could begin to approach a more balanced market position by the end of the year. This is the best time for investment & house purchase for living, for first time home buyers & real estate agents.
FEASIBILITY-CHECK & RESEARCH BEFORE BUYING A HOUSE
Before examining various areas to reside in, figure out what is practical for you to ensure that things remain within your wallet. We can assist you in making the most of your money once you know your range. How much assistance would be required for it depends on how experienced you are regarding buying a property; for first time home buyers, it would slightly take more time to assist them.
It might take time to choose the appropriate house, but it’s crucial to think carefully before making a choice. How long does the journey get you to work? What kind of schools are there nearby if you have children? How many bathrooms and beds you’ll need? Do you favor homes with more modern or traditional styles? All of these things should be considered while searching for a home.
We are dedicated to helping you through the entire home-buying process. Once we find that perfect home, we will prepare a written offer. With my experience in the market, we can help you find an offer that fits your budget and has the best chance of being accepted.