You’ve found your dream home and are ready to jump in feet first, but before you splash into buying a home there’s a few things you’ll want to know. Jessica Brown of How Stuff Works explores these tips to finding a home that you’ll be happy in for years to come.

What’s Your Budget?

Before you start looking and certainly before you sign the dotted line, sit down and figure out how much house you can afford. Start with your monthly budget and look at how much you spend. Even if it is a small purchase, every penny needs to be included with the exception of your rent. What you have left is what you have to spend on your mortgage and other home expenses.

If you don’t feel like that’s enough to get what you want, set a monthly budget. If you can stick to your new budget for six months, begin looking for a home in your new price range.


Get Someone Good to Lead Your Team

Your home buying team that is. A good real estate agent is essential to your home buying process. Everyone needs an expert in their corner to give them insider information about houses coming on the market, great neighborhoods in your new city and finding a good mortgage company. Santa Rita Ranch loves realtors and offers them several incentives to get their clients to purchase at our community!

Brown suggests hiring a Realtor, someone who is part of the National Association of Realtors and held to the high standards of the organization.

Get Pre-Approved

Brown likens the pre-approval process to getting engaged; you’ve made the commitment but you still have the ceremony to go. Pre-approval for buying a home is very important for two different reasons. If you are pre-approved, you know exactly where you stand on how much house you can afford. Second, the seller will know you are serious and a pre-approval will give you a leg up on the competition.

Is It a “Need” or a “Want”?

Yes, there’s a difference. Sit down and make a list of what you can’t live without when buying a home. You are probably not going to find a home that has everything you want and meets your budget. Don’t forget, you want to consider the neighborhood, schools and commute. Sometimes the most valuable assets have nothing to do with the actual home. Santa Rita Ranch is lucky to be zoned to two fantastic school districts, Georgetown and Liberty Hill ISDs, and is only a 15 minute drive to the North Corridor of Austin.

Inspect What You Are Getting

This can save you a ton of time, stress and cash in the long run! Talk to your Realtor about a recommendation for a good home inspector.

Are you ready to kick off your spring with a beautiful new home located just outside of Austin? Check out our available homes and find out how you can make Santa Rita Ranch your new home.