How To Take Charge Of Your Knoxville Home Search

Starting the search for your first Knoxville home is exciting and overwhelming. It can be hard to know even where to start your home search.

Buying your first home is a big investment, it’s not something you just want to jump into. Here is how to take charge of your Knoxville home search, so you can be a knowledgable, well-informed buyer.

Align Yourself With Professionals

You won’t get through buying your first Knoxville home without a little help from some professionals in the industry.

The two most important important professionals you’ll align yourself with are a loan officer and realtor. A trusted realtor can help you find the perfect home, negotiate a contract, and navigate any potential issues that pop up during the process. A loan officer can help you understand how much you can afford, assist you in getting approved for a loan, and answer any your questions along the way.

If you’re considering buying your first Knoxville home, consider finding these professionals early on. The more informed you are as a buyer the better.

Get Pre-Approved

If you’re serious about buying your first home, you need to get pre-approved.

A pre-approval can let you know how much you can afford and what types of loans you’re eligible for. For example, if you find out a USDA Loan offers the best loan option for you, you’ll need to ensure you’re searching for homes based in a RD approved area.

In addition, you don’t want to start looking at homes without knowing your price range. There is nothing worst than falling in love with a house, only to find out it’s not in your price range or that your credit needs some work prior to buying a home.

A pre-approval letter early on arms you with the information you need to successfully buy a home.

Determine What You Need In A Home

Before starting your home search, it’s important to know what you do and don’t want in your first Knoxville home.

Here are a few things to think about as you start your home search:

-Location – What do you want to be close to?
-Neighborhood – Are there certain neighborhoods you like? Are there certain amenities you’re looking for?
-Housing Type – Are you looking to by a house or condo?
-Specifics – How many bathroom / bedrooms do you need? Do you need a backyard? Do you need a bonus room? Do you want an updated kitchen?
-Wants vs. Needs – Do you know what you actually need in a home? Can you separate that from what you want in a home?

It’s helpful to have an understanding of what you want in a home prior to starting your home search. The more you know, the easier your home search will be.

Start Viewing Homes

In this day and age, a majority of first time home buyers start their search online. It can be helpful to start your search from the comfort of your own home, as certain properties can be ruled out just by view pictures.

Once you’re ready to start looking, your realtor can set up showings of homes in the area and that price range you plan on looking in.

When you start looking at homes, it can be helpful to only look at a handful or so in one day. Looking at 10 homes in one day can be way more overwhelming than it seems. It can also be helpful to take down notes of the things you do and not like for each home, that way you have a clear picture after viewing homes.

In Conclusion – Be Prepared

The more prepared you are to start your home search, the better. By starting off your home search prepared, you will make your home search much easier.

Are you thinking about buying your first Knoxville home? Please let us know if there is anyway that Knoxville Home Team can assist you in your home search. You can contact Rick at 865-696-9002 or via email at [email protected]. Or, you can contact Kati at 865-392-5880 or via email at [email protected].