Monday, March 28, 2016

What thousands of Texans are about to do (but you should do first)

Spring in Texas means yards are full of two things: blooming flowers and for-sale signs. Our state's homeselling season is ramping up on its way to peak in mid-summer. If you're going to be one of the thousands of people looking at properties this time of year, there are a few tasks you can work on now to help make the process smoother. Get your finances in order. Talk with a mortgage broker or banker to assess your financial situation, and check your credit for any issues you can resolve before a lender scrutinizes your file. This will also help you determine a realistic price range for your budget. Figure out your criteria. Start thinking about neighborhoods you may like to live in, what size property you need, and which amenities are must-haves. These options may change during your house hunt, but at least you'll have a starting point. Talk with a Texas REALTOR®. Even if you won't be ready to move for a few months, he or she can help you take steps now to ensure you present a strong offer later, like getting a prequalification or preapproval letter from your lender.

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