If it's your first time buying a home and you are looking at Nashville Tennessee as a prospective area to relocate to, then congratulations! You've already made a good first step because Nashville offers low cost of living and a fairly large inventory of housing available at the moment, which means that you can buy cheap and then live cheap while you pay off your mortgage… You'd be hard-pressed to find a better place for a first-time home buyer. That being said, there are still a few tips you should keep in mind:
Practice Good Credit Now – You have probably heard that now is a great time to be a homebuyer because you can get historically low interest rates on your mortgage in combination with relatively low house pricing. However, to enjoy those low interest rates you need to have good credit, which means you need to start caring about your finances right now. Don't wait until a month before you're buying, start now!
Shop around for a Lender – Just because you talk to a lender and don't hear anything promising doesn't mean that all lenders will treat you the same way… Don't be afraid to shop around for the best deal from a lender and don't be afraid to negotiate if that helps you get a better deal. When you have talked to a few then make sure you talk to our preferred lender. As the biggest supplier of business to them we make sure our clients get the bst service and rates possible.
Pick What Type of Home You Want before You Browse the Listings – While there's nothing wrong with taking a look at what's available, once you get serious and talk to a real estate agent about buying a house you should have a good idea of exactly what you're looking for. This will be less frustrating for both you and your agent, and in the end you're more likely to take advantage of a great deal if you're absolutely sure it's what you're looking for.
The Ashton Real Estate Group of RE/MAX Advantage
The #1 Real Estate Team in Tennessee and #4 RE/MAX team in the world!