If you’ve been thinking about buying a home, you’ve likely been thinking about how you’re going to pay for such a large transaction. Some people choose to pay the full asking price in cash to avoid any financing or monthly payments. For most people, securing a home mortgage loan is how they cover the first […]
Buying a home is an exciting experience, but it can feel a bit overwhelming if you don't have the right information. Check out these helpful resources about the home buying process. When you're ready, give the Jackie Ruden Realty Team a call at 435-272-7710 to tour available homes in the Washington County and St. George areas.
The right real estate agent can help educate you about your market and analyze your preferences to guide you to homes that meet your criteria. They also coordinate the work of other professionals, negotiate on your behalf, maintain paperwork deadlines, and solve problems that arise. Ultimately, they are there to ensure that your home-buying process […]
If you decide to build a home rather than purchase an existing one, start by identifying what type of architectural styles appeal to you. Ask friends for referrals. Verify the builder’s state license status if applicable, and check to see if they are certified by the National Association of Home Builders. Even if you are […]
As you begin searching for the “perfect home”, your agent will ask you about your needs and wants. To prepare you, look over this list and analyze what you value in a home. Features: Age: Do you prefer historic properties, or newer ones? Style: Do you have a special preference for ranches, bungalows, or another […]
When you meet with your lender, consider your lifestyle and spending patterns and leave a little room for the unexpected (repairs, landscaping, furnishings, etc.). The lender’s decisions are based on formulas- historically, banks use a ratio called 28/36 to decide how much you can borrow. An approved housing payment couldn’t be more than 28% of […]
1. Decide to buy: The purchase of a home is the best “accidental investment” people can make, because it lays the foundation for a life of financial security and personal choice. Equity buildup, value appreciation, and tax benefits rank among the best reasons to buy a home. Additionally, consider the following facts: If you are […]