top of page
Brick house

7 STEPS TO BUYING A HOME IN

Monroe, Georgia?

How To Buy A Home In Monroe, GA

Buying a home doesn't have to be a complicated process. With these 7 simple steps, you'll have the information you need to get ready to buy a home in Monroe. Discover the most important part of the process as well as which step is the most fun for the homebuyer.

 

STEP 1: LOCATION

Consider the "3 C's" including your commute time, conveniences, and your circle. How long will it take you to get to work everyday? Where is the grocery store or your house of worship? How far away is your circle of family and friends?

 

STEP 2: BUDGET

Consider more than the price of the home. Also consider how much the monthly payment will be. This monthly amount will include your principle, interest, taxes and insurance. Also consider if you will need to budget for an HOA. Set a price or payment budget an stick to it!

 

STEP 3: CREDIT

Your credit score is a measurement of the likelihood a person will repay a loan. Clean up any errors or dings to the credit report to raise your credit score and improve your chances at receiving better loan terms. Additionally, limit any new lines of credit while in the home buying process.

 

STEP 4: SAVE MONEY

With each paycheck, set aside money for a down payment and closing costs. Your local Realtor and local lenders are great places to get estimates for how much you might need to be saving for your home. Down payments in Monroe may start as little as zero dollars! (Yes! You read that right!)

STEP 5: GET PRE-APPROVED FOR A MORTGAGE

Getting connected with a local mortgage broker or lender is important. This person will examine your credit score, outstanding debts, and taxable income. These figures assist the lender with determining the amount you will be pre-approved for on a home mortgage loan. Whenever possible, ask your lender to give you a pre-approval, not a pre-qualification. A pre-approval may give a buyer a better position in the eyes of a seller when the buyer is making an offer on a home.

 

 

 

Chris Johnson Realtor Atleigh Home Group

STEP 6: FIND A REALTOR

Probably the most important step in the home buying process is selecting a Realtor. Not only can your Realtor advise you on different parts of the home buying process in Monroe, but they have access to information not readily available to the public including homes coming soon to the market and details about homes such as possible problems to know about. Your Realtor will also take care of finding homes, scheduling appointments to view homes and will be your guide through every step of the contract negotiation process. To schedule a free, no obligation appointment for prospective home buyers with Chris Johnson an Atleigh Home Group, click here.

 

STEP 7: LOOK FOR A HOME

Spend time looking online and driving around the area to find your dream home. Don't forget to notify your Realtor if you see something special! Remember where you want to live and the budget you set. Most importantly, have fun! The home buying process is a special time in your life. Take time to enjoy the process.

 

Do you have questions about the home buying process? Feel free to call Atleigh Home Group at 770-712-9307 or set up a home buyer consultation to learn more about how you can become a homeowner in Monroe, Georgia.

Related Articles

Downtown Monroe Streetscape

What is it like to live in the city of Monroe, Georgia? Find out if Monroe is a good place to live for you!

Monroe It's All Yours Watertower

What are all of the people doing in Monroe, GA everyday? Why do people come to town to hang out?

Welcome To Monroe, GA

Find out what you need to know about cost of living and education quality before you decide to move to Monroe Georgia.

Chris Johnson | Realtor

302 E Washington Street, Suite 1899

Monroe, GA 30655

770-712-9307

hello@atleighhomes.com

Atleigh Home Group Logo
Real Broker LLC Logo

800 Battery Ave SE, Suite 100

Atlanta, GA 30339

855-450-0442

Copyright 2023  |  Atleigh Home Group

bottom of page