Home Buying 101 | Red Rock Mortgage Knoxville

Red Rock Mortgage Knoxville wants you to know that the home-buying process doesn’t have to be a difficult one, especially when we’re in charge of your mortgage.

How to Purchase a New Home

If you’ve never bought a home before, the process can feel overwhelming. However, there are a couple important things to know when purchasing a home to help keep the process simple and easy.

First, you need to know how much home you can afford. This is first and foremost, as you don’t want to be looking at homes that don’t even fall within your budget. The best way to find out this number is to get pre-approved for a mortgage, so that you know exactly how much home you can afford and the estimated cost of the monthly mortgage.

Second, narrow your options as much as you can, as house-hunting can become a bit of a hassle if you’re looking at every home that comes on the market. Instead, make a list of essentials for your new home, such as:

• Number of bedrooms
• Number of bathrooms
• School district
• Yard size
• Pool

While you can add to or enhance your home down the road, figure out the items you can’t live without right now.

Don’t wait! If you’re considering buying a home this summer, get pre-approved for a mortgage loan with Red Rock Mortgage Knoxville today.