If you are thinking of buying real estate, you probably have many questions. We have done the research, and have answers to some top questions you might be wondering as a buyer! 

1. What can I afford?

The amount that you can afford on a house depends on many factors. This can include income, expenses, and debts. This can be challenging to figure out, and ultimately how much you want to pay monthly for a home is your preference. However, a good rule of thumb is to aim for a monthly payment that is 28% of your income or below. It is important that you speak with a lender and become pre-approved for a mortgage before you start looking for properties! We would be glad to connect you with a lender in the Chattanooga area so we both know how to help you find your new home!

 

2. What should I look for in a property?

When looking at a property you want to call home, there are so many things to think about! How do you know if this is the right fit for you? Some factors to consider when considering purchasing a home include location, size, layout, condition, and amenities. Think about your needs and priorities, and what features are must-haves for you!

 

3. What is the buying process like?

The buying process typically involves several steps, and we want to walk you through all of them! The first step is to get pre-approved for a mortgage. Then, you can start looking for homes and touring houses! Once you find a home you love, we will help you make a competitive offer on the home. From here, we will guide you towards the closing process! There may be some challenges along the way, which is why it is important for you to work with a trusted and experienced real estate agent who can navigate through anything that comes along.