5 Critical Steps to Know Before Purchasing Your Next Home!

Indy's Real Estate Gurus

Indy's Real Estate Gurus
5 Critical Steps to Know Before Purchasing Your Next Home!
Jun 27, 2022 Season 1 Episode 19
Rick Ripma and Ian Arnold

My son tries but doesn't really my daughter just laughs and runs off? But? So we get these questions quite a bit. So I tried to put five of the critical questions that we get asked about if somebody already owns a home.

What if they're thinking about possibly moving on to get an upgrading or even downsizing? What should they be looking at? So, Rick, I'll start with that. So the first thing is, is where to start the process. And as I tell people, it always starts with you just talking to us, because then we can lay stuff out. And then we can either get your pre-qual and we'll go through the differences or get you a pre-approval. And those are two different things.

But the first step is always to us, and then to a realtor because first is all about the finances. And that's what we handle is how are you going to afford it? How can you afford all that stuff? So that again starts with us. So and the nice thing is, you don't have to do it right away. So let's say if you're thinking six or 12 months down the road, I'm thinking I might want to do this. Well, that's what we can do is almost like a prequel, we can get gather your information, we don't have to run credit. We don't have to, we'll just take your information from what you give us. And we can just put plug numbers in. And we say, hey, look, yeah, this actually looks like if you wanted to sell your house, possibly. And if we got this, you can put it in this new house. And then you have that, and then your payments would change to $300 a month. Are you okay with that? And then that can get you to think in you can sit down discussion with the wife or the husband, whichever. And then go from there.

Yeah, there are several things there that you talked about number one, you know, every survey, I've seen that when they've surveyed real estate agents, they all say the very first thing you should do is get a pre-approval letter. Yes. But the very first thing most people do is call a real estate agent. Yeah. Okay, they're not doing it in the right order, the very first thing they need to do is get a pre-approval letter. Now, as you said, if you're six months, eight months a year out, that doesn't mean it doesn't make sense to talk to us. Number one, I have seen many, many people who said they're six months, eight months a year out, and they buy a home within a month, Correct weeks. So it depends because the right home can just

Connect with Us:
For more episodes of Indy's Real Estate Gurus, visit IndysRealEstateGurus.com. Join our community for more insightful real estate discussions, tips, and expert advice. Don’t forget to subscribe to stay updated on the latest episodes!

Follow Us on Social Media:

Contact Us:
Have questions or want to get in touch? Email us at rripma@AdvisorsMortgage.com or call or text us at 463-223-9592. We love hearing from our listeners!

Support the Show:
If you enjoy the podcast, please leave us a review on your favorite streaming platform. Your support helps us grow and reach more real estate enthusiasts like you!