STRATEGIC NATIONAL TITLE GROUP’S TEAM OF EXPERIENCED ATTORNEYS AND TITLE PROFESSIONALS POWERED BY TITLE INDUSTRY’S HIGHEST TECH SECURITY TITLE AND ESCROW SOFTWARE.
For the average first-time homebuyer, the entire buying process may seem entirely overwhelming. Between closing costs, forgotten fees, and extremely lengthy contracts, there are many things to consider. That’s why it’s important to go over a few tips and tricks to make your purchasing experience as easy as possible. At Strategic National Title Group, we offer different teams of realtors and lenders to assist with the buying process.
Do Your Research
First and foremost, it’s incredibly important to thoroughly scope out the location of the property you wish to purchase. Make sure to do an abundance of research about the neighborhood as well as about the house and the land itself. Your realtor can also answer many questions about the property, such as when it was built, the costs of owning the house, and also if anything needs to be repaired or updated. Don’t be afraid to ask too many questions; it’s critical to know what you’re buying before you’re locked into a mortgage for the next thirty years.
Another aspect of buying a home that can be easily overlooked is that of extra fees. Many people gloss over closing and title costs. That’s why it’s vital to work with a company that’s upfront about these fees and even offers a calculator for full transparency. Strategic National Title Group offers just that, and it’s incredibly easy to use. With tools like these, there aren’t surprises at the end of the homebuying journey, making it a much smoother process.
First-Time Homebuyer Classes
Sometimes, there are still many questions that a potential homeowner has. For these buyers, a class for first-time homebuyers can be greatly beneficial. In these classes, instructors go over credit, loans, grants, and other financial aspects of buying a home.
Many people don’t actually know their credit scores or what affects them the most. It’s imperative to not only know your score but to also know why your score is the number that it is. Credit scores are greatly influenced by your mix of credit, age of accounts, utilization, payment history, and inquiries. All of these add into whether you’ll be approved or not for a loan as well as what kind of interest rate you’ll have to pay.
When purchasing a new home, it’s also important to consider what kind of loan you would like. There are variable and fixed rate mortgages, each with their own benefits. Also, the length of loans can vary depending upon the lender and what they offer. It’s important to look at all options before settling on your mortgage.
Lastly, it’s important to consider your title company itself. If they work on your time schedule, if their customer service goes above and beyond, and if they’re readily available to answer any and all questions is vital to the process. Strategic National Title Group works diligently to make sure your home buying experience runs smoothly and follows your time frame. They also work directly with the lender and realtor to ensure you don’t have to worry about documents, contracts, and legal things of that nature.