Who's Ready for a New Home in the New Year? | Red Rock Mortgage - Knoxville

While many people might be gearing up for the holiday season, you might have house-hunting on your mind. Whether you need more space or are looking to downsize in 2018, the team at Red Rock Mortgage wants to help you in buying a new home after the new year!

Make the Home-Buying Process a Success

It’s the most wonderful time of the year… to treat yourself to a new home that meets your family’s needs. Here are some proven ways to increase your success when purchasing a new home in 2018.

First, go ahead and start planning now. Even if you don’t plan to start really looking until after the new year, it’s best to be as prepared as possible. How many bedrooms will you need? Are you looking for more storage space? Is there a certain school district you want to be in? Be sure to make note of what is a need and what is a want. Of course, if you can find a home that meets both your wants and your needs, that’s even better!

Second, go ahead and get pre-approved for a mortgage. You don’t want to start looking at homes you cannot afford. Plus, getting pre-approved for a new home also allows you to crunch the numbers and figure out how a new home will affect your monthly budget. It’s important to make sure you find a home that you truly can afford.

Finally, start saving for a down payment, if possible. Although there are many down payment options when purchasing a new home these days, putting down an amount you can afford can help you to save in the long run and also lower your monthly payment.

Remember, the home-buying process is meant to be fun! Contact us today to learn how we can help lower your stress during the process.

Are you wondering how much home you can afford when you go house-hunting in the new year? Visit the Red Rock Mortgage Knoxville website to learn how we can help you get started on the pre-approval process today.