In Livability’s Top 100 places to live, Idaho Falls ranked in the top 10 in affordable housing.
That’s great news for you! When you are thinking, “What kind of house should I buy?” or “How long does it take to buy a house?” or “What to ask when buying a house?”, the one thing you won’t have to worry about is affordability.
Browse through our current homes for sale in Idaho Falls, and don’t hesitate to get in touch with one of our real estate agent if you are ready to visit your Idaho falls’ home.
Living in the Rocky Mountains may be a dream, but it is an attainable one in Idaho Falls. Before you begin your house hunt, there are many questions to ask and factors to consider when buying a house.
Stick around to learn what you need to know when taking that big step toward homeownership.
Have you defaulted on a loan? Are you constantly late paying your bills? Or are you that person with a clean record?
Before you begin the process of buying a home, you want to have at least a 580 credit score. The higher your credit score, the lower your required down payment and interest rate will be.
If your score is below 700, it would be in your best interest to repair your credit before applying for a home loan.
A pre-approval letter might just be the thing that helps you get the home of your dreams especially if you are in a bidding war.
Pre-approval shows that you will be able to secure the home loan as long as nothing about your financial situation changes.
The bank will ask to see evidence of employment, income and will look at your credit report. This information will help determine how qualified you are for a loan.
Remember that buying a home comes with a lot of extra expenses during the buying process as well as after the closing.
There are closing costs, appraisals, inspections, homeowners' insurance, repairs, and maintenance to name a few.
Be comfortable with your budget.
Do you have your list of things every house should have? Do you want a home in the suburbs? Out in the country? Right in the downtown area? Do you want low maintenance or are you looking forward to gardening?
Before you start looking at homes for sale in Idaho Falls, consider what you and your family want in a home. It's not a good idea to begin this process without some specifics in mind.
Whether you use someone you know personally or get a recommendation from a friend, you'll want to use a qualified, trusted agent.
A good agent will steer you towards the best areas of town, will help you stay in your price range and will be with you through the closing.
Looking at all the factors to consider when buying a house, do you think you're ready to take the plunge? Contact us to help you with your search. We work hard to find you the home of your dreams.