Deb Tebbs Group

Cascade Sotheby's International Realty

5 Tips for First Time Bend Oregon Home Buyers

BLOG55_buyers

 

 

 

 

 

 

Are you planning on buying a Bend Oregon Home for the first time? If so, you’ve come to the right place! In this article, we will share with you 5 tips for first time home buyers.

Tip #1 – Review Your Credit Score

If you plan on applying for a mortgage loan like most home buyers, you should review your credit score first because your score could affect the amount of money that you’re approved to borrow.

To do this, all you need is a copy of your 3-in-1 credit report since this will enable you to see what the three major credit bureaus are reporting about you and if you spot any negative items you will have plenty of time to fix them before contacting a mortgage lender.

Tip #2 – Get Pre-Approved for A Mortgage

After confirming your credit score, you should visit a mortgage lender in Bend and get pre-approved for a mortgage loan because it doesn’t make sense to start house hunting without knowing your budget or the amount of money that you’ve been pre-approved to borrow.

Tip #3 – Be Realistic About What You Will Get for Your Budget

As a first-time home buyer in Bend, another important thing you should do is be realistic about what you can get for your budget because many first-time home buyers will start out with high expectations and not be open to considering the homes in their price ranges because they don’t have the features or amenities that they are searching for.

Tip #4 – Understand the Real Estate Market

Another helpful thing that you can do as a first-time home buyer is to understand the Bend Oregon Real Estate Market before you start your home search, including home prices and market activity because this will create a sense of urgency and get you ready to take actions and submit an offer once you find the right home for sale.

Tip #5 – Understand That Home Buying Is a Process

Once you find the perfect home it’s also important to understand that buying a Bend Oregon home is a process and it can literally take between 60 and 90 days from contract to closing so you should be patient, do your part, and be ready to go through the process of buying a home.

Search for A Bend Oregon Home

To get started with searching for a Bend Oregon Home contact the Deb Tebbs Group today by calling us at (541) 323-4823 or click here to connect with us online.

Share this article