Buyers

Dedicated to Helping You Find Your Dream Home

Helping You Buy Your Dream Home

Buying a home can be an overwhelming process. From financing to negotiating to closing, there are a lot of moving pieces that can leave homebuyers bewildered.

At Salt Pond Realty LLP, our real estate agents can help guide you through each step of the buying process while offering sound advice along the way. By working with a professional agent who knows the ins and outs of the real estate industry, you’ll not only end up with a great home, but you’ll also walk away with a great experience.

Here are some of the key areas that our agents can help you with:

Getting Pre-Approved By a Lender

Choosing a Home

Making an Offer

Closing

Four Questions To Ask Before Buying

You can rely on Salt Pond Realty LLP to help you find a house that suits your requirements. Whether you’re a first-time homebuyer or a seasoned real estate investor, buying a home can be an exciting process. Before you purchase your home however, there’s also a lot to consider when you make your decision. Before you begin your search for the perfect property, here are four questions you should ask yourself:

What Do I Want?

Take the time to figure out what type of property you want to buy. From single-family and multi-family homes to condos and co-ops, there are many different options on the market and it’s important to choose the type that best fits your needs.

Figuring out the town or neighborhood you want to live in is equally important. While a property might have all of the amenities you’re looking for, factors like crime rate and proximity to highways can impact the overall home-owning experience. A good idea is to list out and prioritize your needs (e.g. large backyard, great school system) before you begin your search.

What Can I Afford?

A reliable rule of thumb is that you should never spend more than 30% of your monthly income on a mortgage payment. On the other hand, an alternate rule states that you can afford to buy a property that runs about two-and-a-half times your annual salary. For a more tailored look at what you can afford, use an online mortgage calculator to see what your monthly mortgage payments would be if you bought a home today.

Am I Financially Prepared?

A few months before you start searching for a home, review your credit history and make sure it is in good standing. Get copies of your credit report, ensure that it’s accurate, and fix any issues you discover. It’s likely that you’ll also want to get pre-approved for a home loan, which will put you in a better position to make a serious offer once you find the right property. Pre-approval from a lender is based on your credit history, debt, and income.