Homebuying Tips

July 10th, 2014 | Home Shopping Guidelines

Tips For Homebuying

The homebuying experience can be an adventure along with being stressful! Here are a few tips to make the process more satisfying and enjoyable.


  1. The very first step is for You to Order Your Credit Report  and make sure the information is correct.  Order your free credit report at www.annualcreditreport.com.
  2. Don’t wait until you’ve made an offer to get approved for a mortgage. This is called putting the horse before the cart.  Have your pre-approval in hand.  It gives you negotiating power!
  3. Choose a home first because you love it; a home’s most important role is a comfortable place to live where you can be yourself.
  4. Don’t ask too many opinions from others as too much input from others can make your decision much harder.  By doing your homework your instincts is what counts. Trust yourself!
  5. Focus on the things that are most important to you as no house is ever perfect and always take in consideration of the neighborhood in making your decision.
  6. Don’t try to be a hard negotiator as trying to “win” getting a low price when you've already secured seller’s concessions.  You take a chance on losing the home you fell in love with.
  7. There’s no right time to buy, anymore than there’s a right time to sell as interest rates and home prices usually are stable (the worse is behind us!) plus a good, solid marketable home won’t stay on the market long.



Serving the Great Mid-South Region
Offices: 901-388-1588 or 901-476-9100 |
Fax: 901-388-6202 | Email: info@1stophomeloans.com
1 STOP MORTGAGE | NMLS#215671 | TN Lic#108931 | 5909 Shelby Oaks Dr, Suite 129, Memphis, Tennessee 38134