If you plan on buying or selling a home in 2017, there are many things you can do to prepare for the process ahead. Without proper planning and the help of a certified real estate agent, you may end up making uninformed decisions, not to mention you run the risk of being blindsided by unexpected costs. At American Dream Realty in Woodland Hills, we’ve helped hundreds of people buy and sell their California homes and our real estate agents have more than 17 years of experience in the industry. In this article, we’ll touch on some important tips when it comes to buying a home. If you’re looking for a professional realtor, contact the experts at American Dream Realty today!

Home Buying Tips For 2017

Purchasing a home is one of the largest financial transactions you will ever make. The homebuying process can be extremely stressful and tedious, but with the help of a certified realtor, you can find the perfect home to meet your needs and budget. Below are a few home buying tips to help you on your journey to becoming a homeowner.

Deal With Your Debt

As you may already know, financial debt can come in all shapes and sizes. If you went to a college or university, you may have student debt that you are still paying off. Other forms of debt include credit card debt, car loans, and personal loans, among others. When it comes to effectively dealing with your debt obligations, homebuyers should try to remedy as much debt as possible before they apply for a mortgage.

At American Dream Realty, we’re proud to be a one-stop-shop for our California homebuyers with our specialized mortgage and lending services. When you work with our lenders, you won’t have to worry about upfront costs and competitive interest rates. Interested in learning more? Contact us today!

Get PreApproved

Before you start researching popular neighborhoods in Woodland Hills or Simi Valley, make sure to meet with a lender to get all of your financial ducks in a row. A lender can be defined as an individual, public group, private group or financial institution that makes funds available to another with the expectation that they will be repaid, in addition to any interest or fees. In order to qualify for a loan, your lender will ask for your personal credit history. The information in your credit history will include your current employment and income, credit history, and payment history. This report helps the lender to decide whether the borrower can be trusted to pay back the home loan.

In part two of this series, we’ll discuss a few more tips for home buyers and sellers. If you’re looking for a professional real estate agency in California, contact the experts at American Dream Realty today. With more than 17 years of experience in the real estate market, we can help you find the home of your dreams at an affordable price. Contact us now to learn more about our services!