Emphasize Mortgage Pre-Approval: Prioritizing securing a mortgage pre-approval should be your initial focus before setting foot in any home, whether you're exploring or seriously considering a purchase. Countless buyers have shared stories of falling in love with a home, only to realize later that they don't qualify or could have been exploring a higher price range from the start, broadening their options. At Harris Homes, we operate transparently and typically refrain from booking showings without understanding your financial situation for purchasing the home. A pre-approval letter is not only a crucial first step but also establishes a clear budget, and is now something sellers typically ask for with your offer. Even with pre-approval, exercise caution to avoid actions between buying and closing that may impact your credit score and jeopardize your financial situation.

Consider A Home Inspection: While not always possible depending on market conditions, a  home inspection can be a helpful tool to get a better understanding of the home you are buying. A home inspector identifies the state of affairs, and any potential problems in the property's structure, plumbing, electrical, and HVAC systems. Usually for any costly repair items, we'll provide an opportunity to the seller to cover these costs.

Evaluate Properties Wisely: While a fixer-upper may seem appealing, consider the full scope of work involved. Look for homes with untapped potential within your budget. Consult with us to identify upgrades that increases home value, as well as on renovations and contractors. Be realistic about your capabilities when it comes "Doing it Yourself", and prioritize improvements that maximize your investment.

Avoid Overbidding Anxiety: Engage us to guide you on competitive pricing and effective offer strategies. The most important thing is to understand what's going on in the market, and what the numbers actually look like. If you really want the house, the reality is you have to understand what it will take to get it. This ensures you don't face repeated offer rejections, and ultimately secure the property you desire.

Shop Around for Mortgages: Resist the temptation to stick with your current bank for a mortgage. You do not need to have a mortgage with you bank with. At this point in time, it pays to utilize a mortgage broker to explore various options that are best for your needs and bottom line. Obtain a comprehensive breakdown of costs associated with each mortgage, including early termination penalties. This proactive approach ensures you secure the best financing option for your home purchase.