Randy Mack | Realtor | 707.696.6272

    Heidi Faulkner | Realtor | 707.480.4098

Artisan Sotheby's International RealtyArtisan Sotheby's International Realty

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Questions to Ask Yourself Before Buying a Home

Purchasing a home is one of the most significant investments you can make. There are numerous factors to consider, it is important to know all of the facts first before making a decision. The overall housing situation is undoubtedly difficult, so there is no reason not to be cautious and thoughtful when approaching this topic. Before deciding on one to call your own, consider asking yourself these questions to make your future home-buying experience go more smoothly.

 

1. How much money have I set aside for a down payment?

The average down payment for a house in California is between 15% and 20% of the purchase price, but this can vary depending on your mortgage lender and financial situation.

Lenders will lend you hundreds of thousands, if not millions, of dollars when you buy a house. Buyers, in turn, contribute a portion of the purchase price to gain initial equity in the property. Each mortgage option, however, is distinct, and homebuyers must determine which financing options are best for them. More money put down at closing results in lower monthly mortgage payments and interest.

As a result, California residents thinking about buying real estate should create a budget and start saving for a down payment well in advance of making a decision.

 

2. Is my credit score high enough?

If buying a home is one of your financial goals, think about the role a good credit history plays in the process. Most mortgage loans require a minimum credit score, and some lenders may have stricter requirements for certain borrowers.

 

3. Do I have a steady income?

A stable job, consistent income, and a good credit score are the best indicators of readiness. Your family situation must also be taken into account.

 

4. What kind of home do I like?

Before purchasing, ensure that the property offers everything that you look for in a home. It is vital to consider learning about its neighborhood and have it thoroughly inspected as it is critical to understand what repairs the house may require.

 

5. Can I trust my agent?

The right real estate agent can make or break your home-buying experience, so find one that you can truly rely on. Your agent should be able to give you an honest assessment of a home’s value, as well as the pros and cons of its size, location, and condition.

 

In conclusion, purchasing a home can be overwhelming in a competitive market and stressful during the best of times. Although, understanding what you are getting into, knowing what is required of you, and finding the right real estate agent will help you reach your goal smoothly.

 

Do you think you’re ready to become a homeowner? Heidi and I bring a combined 45 years of industry experience in residential, commercial, and land sales.  We strive to provide the highest level of service in all phases of the buying and selling process. If you’re looking for your next Sebastopol real estate investment, Heidi and I can be there to serve as your voice—as well as to offer our experience, guidance, and advice you can count on. Call us!

Posted in: Home Buying Tagged: #agent, #artisansothebys, #buyersagent, #homeownership, #mack-faulknerrealestate, #mackandfaulkner, #realestate, #realestateagent, #realtor, #realtors, #sebastopol, #sebastopolagent, #sebastopolrealesate, #sonomacounty, #sonomacountyrealestate

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Contact Information

Randy Mack and Heidi Faulkner
Artisan Sotheby's International Realty
6984 McKinley Street
Sebastopol CA 95472
(707) 696-6272
(707) 480-4098
Fax: (707) 824-0587
Send an Email
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About Us

We are proud to have aligned ourselves with Artisan Sotheby’s International Realty an inspirational brand based on heritage, tradition and expertise. We are setting new standards by refining the art of residential brokerage with a practiced eye of identifying the unique value of a property. We offer a deep commitment to excellent service and have a passion for unparalleled quality. Unique homes require skillful marketing through our local expertise and Sotheby’s International Realty interconnected global network of offices that are dedicated to the extraordinary.

Testimonials

I wish to express my satisfaction and confidence in your ability to find an ideal home for anyone that I would refer to you. My own experience in purchasing and selling a home with you allowed me to witness the fact that you are truly an expert in your field, handling all aspects of residential real estate transactions. From the beginning, your market analysis to the final stages of negotiations, your calm manner and clear explanation kept me knowing I was in the best of hands.

Mr. Mitchler
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Contact Us

Randy Mack - Realtor CA BRE#01252462
randy@mack-faulkner.com

(707) 696-6272
6984 McKinley Street
Sebastopol, CA 95472



Heidi Faulkner - Realtor CA BRE#01227446
Heidi@mack-faulkner.com

(707) 480-4098
6984 McKinley Street
Sebastopol, CA 95472



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© MMVI Sotheby’s International Realty Affiliates, Inc. All Rights Reserved. Sotheby’s International Realty® is a licensed trademark to Sotheby’s International Realty Affiliates, LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each office is independently owned and operated, except offices owned and operated by NRT Incorporated. All information herein is deemed reliable but not guaranteed.
 

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