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Estate Agents in Armagh

Buying Advice

Buying a home is a significant and exciting decision. This section provides professional advice and helpful home buying tips.

Find the Right Real Estate Agent

Your real estate agent is your insider to the world of home buying, and the right agent can be a real asset to have on your side when buying your first home. You want someone you can trust and who will give you quality advice when you need it. So, talk to people you already trust. Friends and family members in the area might be able to offer some names of people they've used.

Know How Much You Can Afford

Setting your heart on the beautiful five-bedroom, two-storey on the hill could set you up for disappointment if you don't know what you can afford.

Instead of just leaving a cushion in your bank account so your next check won't bounce, you want to sit down and look seriously at your average monthly budget.

Prioritise Your Needs and Wants

Face it -- when working within a budget, sometimes you have to make some compromises. Knowing what you really need can help narrow your home options and also make decisions easier when it comes to making an offer.

Once you've got your prioritised list, consider taking it with you when you go to look at houses, and write down notes about each house. After seeing four different houses.

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Explore Mortgage Options

Since most people aren't going to pay for their house with cash at the closing table, you're probably going to have to take out some type of loan or mortgage.

A mortgage is simply a loan that uses a piece of property, like your new home, as collateral, giving the bank the right to take the home if the person taking out the mortgage doesn't hold up his or her end of the bargain.

Get Pre-approved for a Loan

Pre-approval will help you to understand how much you can expect to borrow from your lender. Knowing your spending range can help to narrow your home search to properties within your price range. It can also give sellers a little more confidence in your seriousness when making an offer.

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