The first thing you should do is get your finances in order. This involves finding out your credit score, fixing any outstanding issues affecting your credit, ensuring that these are properly released from your report, and finally securing your mortgage before you start looking. When I say secure your finances I do mean being pre-approved fully, this is different from a pre-qualification in that a pre-qualification does not "secure" you any amount of money, it is simply a judgment of whether or not you qualify to receive a mortgage.

Next, start working with a realtor that knows the area you are looking to buy in. This is a huge step so be prepared to move from merely wanting a home, to actively looking for one. Sit down with your realtor and make a list of things you require in a home. This is a list of those things that you can absolutely not be without. Once this is compiled, then list the things that you would like. With these lists ready, its time to start looking at homes. Your realtor should be able to provide you with a complete list of homes that fit your criteria, and some that come close. Also, they will be able to guide you to properties that fit your pre-approved mortgage amount.

After finding a home or homes that suit you make sure to have a certified inspector take a thorough look through the home. Have them check all questionable areas of the home. Don't forget to have the inspector check for mold as this is something that is often overlooked. If the home passes the inspection than carry on with the offer if you are so inclined. If it doesn't then either continue shopping, or utilize the necessary repairs as a bargaining point. Usually you should be able to have the cost of these repairs deducted from the cost of the home. Its a good idea to bring in your own contractor or expert to get these estimates. By doing this you know that everything is above board.

Buying a home is a huge process and one that you must be careful to handle with all due care and attention. Such an important investment can benefit you financially for years to come as well as providing safety and financial security. Don't sell yourself short on what you buy as your home. After all, your family deserves the best don't they?

Posted by Nahid Monahelis on January 12, 2009 at 09:55 AM

About Nahid Monahelis
If there is one word to describe Nahid, it would be enthusiastic. Add to that experience, focus, and attention to detail, and you have a complete picture of Nahid. Starting in 1998 with personal investments in real estate, Nahid's knowledge of the real estate market is unmatched. Nahid helped start a software company, so she is really at ease with technology, she is utilizing the latest innovations (online transaction coordination, internet marketing, paper less records, etc) to help save time and money in the buying and selling process. Nahid's top notch team of coordinators and personal contacts in title companies, property inspection, repair professionals, and mortgage, allow Nahid to ensure that her clients receive the best service possible. Nahid, her husband and children are long time Bay Area residents, having moved to Pleasanton since 1991. We were attracted by the beauty and climate of the Tri-Valley area, the good schools, the vineyards and the hilly landscape (and no snow!). Having graduated from a university in the midwest with degrees in business admin and computer science, the Bay Area was the natural place to come to. We keep a busy schedule with work, but we always find time to get together with friends and prepare Persian or Greek food, coach our son's soccer team, run to violin lessons, just relax at home, or enjoy the beautiful downtown. Somehow we also find the time to participate in various volunteer efforts that give back to the community for worthy causes. I believe the best award is really the joy I see when I hand the keys to my clients, or to see them off to their next step after selling their current home.




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