How do I prepare to purchase a home?

Hogue Insurance Agency’s Featured Expert: Jackie Converse, VP of Allie Beth Allman & Associates

Whether you are a first-time homebuyer, purchasing a larger home for your growing family, or downsizing after the kids have left for college, do you know the steps to take in finding your perfect home?

First, how are you financing your home?

Are you paying cash? Getting a loan? Using the proceeds from the sale of your current home?

If you know the area you are moving into and are paying cash, call a real estate agent you can trust. The Dallas market remains one of the strongest real estate markets in the country, making it an excellent spot for your investment. Your real estate agent knows what is happening on the market, often before it hits MLS (Multiple Listings Service), the most recent sales in the area and which homes will make a great buy.

If you plan to obtain a home loan, make sure you know your credit score and that your credit report is clear of any inaccuracies. Call your real estate agent and ask for a few recommendations for lenders. Having gone through the loan process with many different buyers, real estate agents know the local lending market and which lenders will get the deal done for the best rates. Rates remain historically very low making it an excellent time to get a home loan.

Do you need the proceeds from your current home in order to purchase that new home you’ve been eyeing? Again, your real estate agent can help. From knowing the current sales prices in your area to determining the best way to market your home, all in an effort to ensure you receive top dollar. Your real estate agent will ease the process of selling your home quickly so that you can purchase the next home of your dreams.

Finding the right real estate agent for you

Open Houses- tour open houses; look online and in the paper at homes in your price range. Also look at homes a little outside your price range for ideas – the more you can narrow down exactly what you want, the better your real estate agent can help you find exactly what you want and need.

Neighborhoods- what is your best fit? Your realtor can help narrow down your options- do you need a specific school district? Do you want to be within walking distance to shops? Parks? Do you want a home that is low maintenance? These questions and more will help narrow down which neighborhood is your best fit.

 

About Jackie Converse:

Best brokerages– Jackie Converse is a Vice President with Allie Beth Allman & Associates. She has lived and breathed real estate her entire life and worked in the title industry for six years before becoming a licensed Realtor. She chose to work with the best brokerage in Dallas- Allie Beth Allman & Associates is the #1 brokerage in the Park Cities & Preston Hollow with over $1.4 Billion in sales for 2018 as of August 2018.

 

About Jennifer Hogue:

Top insurance agencies – Jennifer Hogue is the President and Founder of Hogue Insurance Agency. We’re proudly giving local business leaders around Dallas a platform to shout from with the Featured Expert Series. Every few weeks, we’ll have an industry expert share their insights on a trending topic. We love feedback! Give us your thoughts on the next topic or Featured Expert we should highlight.

 

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