Thirty or 40 years ago, in the days when our parents were buying homes, the actual process of researching and calculating wasn’t exactly ideal. With today’s technology and development, the home-buying process is a lot more convenient.
Here are five resources and reasons that prove why home buying is now easier than ever.
1. MLS Apps
No, not the ones you order before dinner with friends, but on your smartphone! My favorite apps for searching for homes online are Trulia.com, Redfin.com, and Realtor.com. You can even search your area Realtor Association’s database to find tons of homes featured on the MLS without being an MLS member. Though, don’t stop there — there are many many more to chose from.
This site/app is amazing because you can snap a photo of any house across the nation to gain instant property info. This includes value, taxes, nearby schools, and more.
This app isn’t just for the homebuyer, but is very convenient when checking out your potential new home. Login to find surrounding businesses and attractions. This is particularly convenient when you’re in an area that you aren’t familiar with. This nifty tool will pull up everything around you!
Long ago (OK, not so long ago), there was a time when to prove worthy to buy a home, you needed at least a 20% downpayment, good credit, a documented income, and it helped to be married, give up your first born, and donate a kidney (just kidding on the last two!). Now, that isn’t the case. With loan programs such as those offered by the USDA, HUD, FHA, and VA, you can close on a house with 100% financing and a credit score under 600. For those of you who live rural, the USDA offers some really great programs with 100% financing and 33-year loans. You can also get agricultural tax breaks for owning livestock. Of course, don’t forget all of the online mortgage companies — just search and you shall find.
5. Real Estate Agents
Realtors nowadays really know their markets. They are a tremendous source of information and possess larger networks than in years past. They not only help you find your dream home, but also the best title and mortgage companies, exterminators, the best neighborhoods, and more. I highly suggest interviewing several — just because one was good for your mom or BFF doesn’t mean they are the perfect match for you. Make a list of questions, and if you’re not sure what to ask, Google or Pinterest search “how to interview a realtor?”.
These are just five points, though I could really go on and on. You’ll learn so much online and from industry professionals as you search for your new home. Purchasing a home may not be easy, but it’s easier now given all that is available to us through technology today. Don’t let fear keep you from making the biggest investment of your life.