So You Want To Buy A Home In A Year?

Great Friday, guys! The weekend is in sight! Any plans with friends or family? Before we say goodbye to this week I’m dropping by to give some tips if you’re a home buyer who wants to secure a house within a year.

Homes for sale in Martinsburg

I won’t bombard you with details, but here’s a quick rundown of the things you might want to accomplish each month if you want to stick close to your one-year deadline.

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1. March. Review your credit report and build and enhance your credit.
2. April. Ask yourself the following questions: What’s your income? How much savings do you have? Assess your needs and see if you prequalify for a mortgage and pick one best suited for you.
3. May. Consider transportation options. How are the schools rated? What amenities do you want?
4. June. Check out neighborhoods where you would like to live. What properties are available that fit your wants and needs? Review the market’s “price supports” — jobs, schools, shopping.
5. July. Find an experienced agent you trust. Discuss market conditions. Check out neighborhoods. Discuss your timeline. Discuss what type of property you want to buy. Determine whether you can afford what you want in that neighborhood.
6. August. Research other professionals such as lawyers, home inspectors, and insurers that will help you in the home buying process.
7. September. Organize your paperwork. This means tax forms, asset and income statements, and so on.
8. October. Mortgage? Search for local lenders to start the preapproval process.
9. November. Get your contracts drawn up. Finalize and complete your mortgage-related paperwork.
10. December. Review your lease and give proper notice to your landlord. Review your utility service. Will you move yourself or hire a professional? Research moving (and possibly storage) costs.
11. January. Pack and prepare for your arrival in your new place. Consider the following: What’s your closing date? Can you move right in or will there be a delay between moving out and moving in? Check utilities. There may be no lights, heat, phone or cable when you move in.
12. February. Have a contingency plan. Don’t leave yourself without any options. Don’t leave yourself financially strapped if things don’t go according to plan.

Homes for sale in Martinsburg

Having a monthly breakdown of things to do lessens the stress and burden of what is usually a hectic process. This also maximizes efficiency and gives you the chance to be sure of your decisions. Nobody wants last-minute decisions and mistakes, right?

For a more detailed breakdown, feel free to check out the rest of the article here.

Have a great weekend, guys!

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