Useful Tips for Buying a House for Sale in Mebane, NC

Are you ready to purchase a new home? When you find a house for sale in Mebane, NC, there are some tips and best practices to make the process go smoothly. New neighborhoods, including The Village at Lake Michael, have a variety of amenities, floorplans, options and house styles so you can find the home that meets all of your requirements. Once you have found the home that you would like to buy, there are a few tips from HGTV.com that will help to make your home buying experience a positive one:

Buying Secret # 6: Keep Your Money Where It Is
It’s not wise to make any huge purchases or move your money around three to six months before buying a new home. You don’t want to take any big chances with your credit profile. Lenders need to see that you’re reliable and they want a complete paper trail so that they can get you the best loan possible.

Buying Secret # 5: Get Pre-Approved for Your Home Loan
There’s a big difference between a buyer being pre-qualified and a buyer who has a pre-approved mortgage. Anybody can get pre-qualified for a loan. Getting pre-approved means a lender has looked at all of your financial information and they’ve let you know how much you can afford and how much they will lend you. Being pre-approved will save you a lot of time and energy so you are not running around looking at houses you can’t afford.

Buying Secret # 4: Don’t Try to Time the Market
Don’t obsess with trying to time the market and figure out when is the best time to buy. Trying to anticipate the housing market is impossible. The best time to buy is when you find your perfect house and you can afford it.

Buying Secret # 3: Bigger Isn’t Always Better 
Everyone’s drawn to the biggest, most beautiful house on the block. But bigger is usually not better when it comes to houses. There’s an old adage in real estate that says don’t buy the biggest, best house on the block. The largest house only appeals to a very small audience and you never want to limit potential buyers when you go to re-sell.

Buying Secret # 2: You’re Buying a House – Not Dating It
Buying a house based on emotions is just going to break your heart. If you fall in love with something, you might end up making some pretty bad financial decisions. It’s an investment, so stay calm and be wise.

Buying Secret # 1: Stalk the Neighborhood
Before you buy, get the lay of the land – drop by morning noon and night. Many homebuyers have become completely distraught because they thought they found the perfect home, only to find out the neighborhood wasn’t for them. Drive by the house at all hours of the day to see what’s happening in the neighborhood. Do your regular commute from the house to make sure it is something you can deal with on a daily basis.”

Researching and Being Pre-Approved Help You to Find the Home of Your Dreams

Take the guesswork out of determining the selling price range for new homes that you are looking at by getting pre-approved. This way, you will know the best range that will comfortably and affordably meet your needs. Next, make sure to research the neighborhood and surrounding area thoroughly, but driving on the roads that you will normally take for your commute, by visiting the neighborhood during different times of the day and by exploring all of the available options for your home. We invite you to visit The Village at Lake Michael to discover all of the wonderful amenities and house styles that are available. Contact our office today at 919-296-1006, and we look forward to assisting you with your home buying needs.

Source: 10 Best-Kept Secrets for Buying a Home, hgtv.com, 2015