Buyer Resources

Phoenix Metro Area Home Buyers FAQ's

Answering Your Phoenix Metro Area Home Buying Questions

Buying a Phoenix Metro Area home is both thrilling and a bit unnerving, especially if you're a first-time home buyer. Both experienced home buyers and first-time buyers alike will benefit from the frequently asked questions below. Before you begin your Phoenix Metro Area home search, it is recommended that you prepare yourself for the journey by educating yourself. This will ensure you are a knowledgeable home buyer prepared to make a confident home buying decision.

I've never purchased a home before. Where should I begin?

  • Actually, you've already started the process. Fact-finding and reading articles is a great way to become a smart consumer. The highest priorities to focus on before you begin searching for specific areas, neighborhoods, or homes would be to:
  • Familiarize yourself with your personal finances and carefully review your budget. It is important to begin to eliminate as much debt as possible. When the time comes to act and make your offer, have a down payment and earnest money ready.
  • Learn about the Phoenix Metro Area real estate market

2. With all the bad news about mortgage products and home foreclosures, how do I avoid making a big mistake when deciding which type of loan to select?

  • Once we meet and review your finances along with your home buying needs, you should select a lending consultant. We can recommend several trusted lending professionals or you can choose your own. Having upmost confidence in your lender is important. Be sure you feel completely at ease with them. They should speak to you in easy to understand terms. Ask lots of questions and never sign any document until you know what you are signing and feel completely at ease signing it. More and more lending professionals are recommending fixed interest rate loans and interest rates are still very attractive. Of course, the type of loan best for you depends on several factors.
  • These factors can include how much money you have for a down payment, how long you plan to live in your home, if you qualify for an FHA or VA loan and more.

3. Why Should I Use a Realtor?

  • A good Realtor can guide you through the financial and legal complexities of the Phoenix Metro Area real estate process.
  • A local Realtor will be a Phoenix expert and can provide vital insight into its neighborhoods and communities.
  • A Realtor can help you find the right price range for your income and finances and can explain the pros and cons of different types of mortgages.
  • A Realtor will answer all your questions and guide you through the complicated paperwork.

I Still Have Questions!

That's easy! Contact us today and we can answer any of your home buying questions about homes for sale and real estate in the Phoenix Metro Area or its many communities.

Want more information? Learn more about buying a home in Phoenix.!

Phoenix Home Buying Resources