Buyer’s tips for choosing your Montana property and the best Montana real estate agent – Bozeman real estate buyer’s agent Taunya Fagan
In the real estate buying process there are a few important rules for deciding on the best Montana real estate for your needs. In addition, choosing your Montana real estate professional is one of the most important decisions you will make in this process.
I believe the more you look around, the more you will see the value of working with Taunya Fagan, one of the top Bozeman Montana real estate agents.
These simple tips will quickly and efficiently help you locate and purchase the most appropriate Montana home based upon your criteria, finances, and dreams.
Before you search for Montana property:
Be a Smart Consumer
Learn the financing basics. Know how to shop for a Montana home loan that’s right for you.
Pre-approval takes very little time and lets you know the property price range that best fits your lifestyle.
Know What You Want
The last thing you need is to close a real estate deal and realize you bought a Montana house you don’t want. Before searching for Montana real estate, ask yourself what you’re looking for in a Montana home: style, acreage, square-footage, proximity to services, etc. Also, think about size, commute time, and necessary repairs if buying used.
Keep Your Debt Load to a Minimum
Don’t make major purchases or incur any additional debt until after your property purchase. Pay down credit cards and don’t apply for new ones. Remember, financial institutions evaluate your financial situation based on your gross monthly income. Your total monthly house costs should not exceed approximately 28 percent of your gross monthly income.
New Montana properties come up on a daily basis. Sometimes homes sell quickly, so be ready to make quick but smart decisions. Be accessible to change the terms.
Choosing Your Bozeman Real Estate Agent
Perhaps the most important decision when it comes to buying property is choosing your Montana real estate agent. We recommend you look around and understand what each agent offers. Once your agent is selected, thoroughly discuss and sign the necessary legal paperwork to contract with your agent.
Before You Purchase:
- Submit a strong, competitive offer.
- Include a substantial earnest money deposit. Sometimes offers are accepted based on the amount of this deposit.
- Try to minimize the number of contingencies; fewer contingencies mean a stronger offer.
- Hire a property inspector. A professional building inspector or appraiser will make sure the house of your choice is in satisfactory condition.
- Check zoning regulations and covenants. Good residential neighborhoods will be zoned to keep out commercial and industrial users. Read any restrictive covenants and make sure they fit your lifestyle and you fit their parameters.
- Request an updated property survey. Be sure it clearly marks boundaries. Check for problems.
- Make sure you know what conveys to you or goes with the seller.
- Don’t forget to review your Montana Home Buyer Checklist.
- Get agreements in writing. Make certain verbal agreements are written into the final contract to avoid any stressful and expensive issues after closing.