When buying a new home, getting a great deal is a goal. However, besides getting a good deal on the home, there are other ways you can save money. Here are some suggested ways to save money by a Waltham Realtor when searching for the perfect, affordable home.
1. Hire an Experienced Real Estate Agent
The first step is hiring someone who can assist you throughout the process. Hiring a knowledgeable and experienced Waltham Real Estate Agent will save you a lot of time and money as it is ideal to have someone assist you in all your real estate decisions. A knowledgeable Waltham Realtor will be able to ensure finding the best deal for your soon to be Waltham home. People often think not hiring a Realtor will save them money, however, that is not the case. A Waltham Real Estate Agent will be able to negotiate many things within the contract in which you most likely wouldn't have been able to catch yourself.
2. Get Loan Quotes from Multiple Sources
Interest rates change based on lenders so Waltham Realtors recommend you gather quotes from a few different mortgage companies in order to see where you can get the best deal. By asking for a quote from different lenders you will be able to see all of the fees they will charge and you can then compare them all to see which one would be most beneficial for you. You can also use these quotes to help negotiate lower fees and rates.
3. Increase Your Credit Score
Your credit score is extremely important when it comes to buying a house. The higher your credit score is, the cheaper your loan will be. A few ways you can up your credit score before applying for a mortgage loan is to pay down your credit card balances as well as don’t apply for any new loans or credit cards. Focus on keeping your credit card balances below 15% of your credit limit.
4. Buy a Home in the Winter
The time of year you buy your home has an impact on the price. A lot of people look to buy in the spring and summer months which results in the prices being higher since the demand is higher. Waiting until the winter months to buy a new home could result in thousands of dollars being saved claims a Waltham Real Estate Agent.
Contact a Waltham Real Estate Agent
If you’re looking to purchase a new home and are in need of a reliable Waltham Realtor to assist you, contact Hans Brings! Hans will be able to walk you through finding your perfect Waltham home and making sure you’re getting the best deal possible. Give Hans a call at 617-968-0022 or fill out a contact form!