The Fort Wayne home buying process can be a drawn out one. However, it doesn’t have to be overly stressful if you know where to begin.
In order to help you get started on your real estate journey, below is a quick checklist for those looking towards to beginning the Fort Wayne home buying process.
There are three credit bureaus: Experian, Equifax, and TransUnion; before buying a Fort Wayne home you should request your credit report from all three, and then review them thoroughly to make sure they are accurate and complete.
If you find any errors correct them immediately or they will come back to haunt you later on.
Put all of these reports together with the documents that will be requested by the loan officer such as your pay stubs, bank statements, and previous years’ tax returns.
Your next step is to find a lender that fits your needs. There are a number of online tools that helps you compare the different lenders available to you. Read multiple reviews and ratings about each one to find one that has great feedback.
Ideally, you want a lender that is familiar with your Fort Wayne area and the laws and rules.
This is also the perfect time to find out if you qualify for any special loans such as a Veterans Affairs (VA) loan or a special home buying financing option through state or federal programs.
No matter which one you choose be sure to get a pre-approval letter, as this will make you more competitive in the Fort Wayne home buying process.
To find the right Fort Wayne area for you and your family, you’ve got to hit the pavement to learn about the neighborhood. You’ll want to talk to people in the neighborhood to get a good sense of the area and the people you might live around.
Find out how long commute times will be to your schools, work and shopping. You should also look into crime statistic and community development plans to get a well-rounded view of what the neighborhood is like.
Last but not least you’ll want to sit down with your family to find out what they each want in a home. Create a “shopping list” of your must haves and wants to try to find a Fort Wayne home that best matches your family.
This checklist for the Fort Wayne home buying process doesn’t take away all of the stress that goes with home buying, but it can make it seem a little easier to handle. Now that you’re well informed and have a shopping list of the perfect place for your family start your search with online listings and set up showings to find your dream home.
Be sure to enjoy the ride on your real estate journey because it’s one of the most exciting times in your life!