Buying a home in Northeast Ohio is a major decision that includes both financial and emotional implications for first time home owners as well as repeat buyers. The decision requires much thoughtful planning and decision making.
- Are you tired of throwing money away on high rent?
- Would you like to put your own individual stamp on a home without needing a landlord’s permission?
- Perhaps you’re at a place in life where you’d like to settle down and establish roots in a particular neighborhood.
Deciding which type of community you desire to reside in is part of the emotional process of buying home. It is also part of the financial decision as different areas tend to have varying price tags.
One of the first steps in your home search is to narrow down if you’d prefer to live in a city such as Canton or Akron, or if r a township like Perry or Canton South better suits you, and of course there’s many small towns scattered throughout Northeast Ohio perfect for home buying such as Bolivar, Dover, East Canton, and Canal Fulton.
Schools need to be researched as well in the areas that you feel have potential. Even if you do not currently have children currently, if you plan on having children in the future it’s a good idea to do the legwork. Better rated school districts can also bring more money and potential buyers in the future if you choose to sell your home. But with that being said taxes can also be higher in some of those areas. You can find information on local Northeast Ohio schools at the Ohio Dept. of Education website.
A good Northeast Ohio realtor can help you through this process, and provide valuable information about the area.
The financial portion of home buying can be very taxing, and scary..especially for first time home buyers. In the early stages of the decision process your credit score, debt to income ratio come into play, and job security come into play. In general you’ll want to be at your current job for at least a year, have a good balance of income versus debt, and at least a fair credit score. Lenders use many factors such as these to decide if you’re ready to take on the responsibility of a mortgage, and how large of a loan they are willing to give you.
It’s crucial to research mortgage companies and know what types of loans are available for your specific situation. You may qualify for a first time homeowner loan, or a veteran’s loan. This is another area where your realtor can offer advice and provide information that puts your mind at ease.
Forming a relationship with a Northeast Ohio realtor early on in the home buying process can help everything go smoothly. Many problems can crop up when purchasing real estate and it’s crucial to have someone on your side who knows the business and can walk you through every step of the process.
It takes a team effort to ensure that a purchase goes smoothly including:
- home buyers and their realtor
- home sellers and the listing agent
- the mortgage company
- home inspection company
- title agency
Think of a good realtor or real estate agent here in Northeast Ohio as your guide through it all.
I truly enjoy my job, and answer calls from my clients 7 days a week. My job begins as I help you search for the perfect home that suits your lifestyle and budget. My job is not finished until we get you through closing and a home that you can call your own. Feel free to contact me for more information on how I can help.
I love helping real estate buyers and sellers in many Northeast Ohio communities including Stark County, Wayne County, Summit County, Tuscarawas County, Holmes County, Coshocton County, and Holmes County.