Here are important things that you should know when buying a Candlewood lake home for sale.

4 Things A Buyer Should Know Before Purchasing a Candlewood Lake Home

By Deborah Laemmerhirt | January 12, 2015

4 Things A Buyer Should Know Before Purchasing a Candlewood Lake Home

 

If you are planning to buy a Candlewood Lake home for sale and are confident about your financial status and ability to obtain a home loan, then nothing should stop you from getting your dream home by the lake.

Here are important things that you should know when buying a Candlewood lake home for sale.However, it is always best to be prepared and gather all the important information you need before buying a home so you can make an informed decision that you won’t regret later on.

Check out these tips gathered from real estate professionals before buying a Candlewood lakefront home for sale:

1. Make sure that you can afford the home and other related costs. Take a good look at your overall financial situation to determine how much house you can afford. The rule of thumb is the cost of the monthly home payments should not go over 33% of your monthly income. It is highly recommended that you also use one of the online calculators to learn how you can handle your income, debts, and expenses better and how they can affect how much home you can afford.

2. Get pre-approved before you start house-hunting. It will save you the heartache of looking at houses that you cannot afford. Getting pre-approved will also put you in a better status to make a deliberate offer when you find the house you are looking for.

3. Evaluate your personal situation. Look at your financial status, your ability to pay back loans, and your capacity to send your children through college. These are the things that you should be certain of before making the decision to buy a Candlewood Lake home.

Start by checking your credit history and do all you can to increase your credit score. Obtain copies of your credit report months before you start house-hunting. Make sure that the report is accurate report any problem you may find.

4. Be ready with cash. You would need to shell out cash for the downpayment and closing costs of a Candlewood Lake home for sale.   Lenders require between 3.5% and 20% of the home’s selling price for the downpayment. If you are a veteran, you could qualify for a VA loan with 0% down. After considering the down payment, make sure you have enough cash left to cover other fees and closing costs, like appraisal fee, attorney’s fees, inspection fees, loan fees, pre-paid property taxes and other expenses.

Home buying can be stressful if you are unprepared and do not get the help of an experienced Candlewood Lake agent. To avoid problems when purchasing a Candlewood Lake property, make sure to follow these tips and hire only the best agent with experience in Candlewood Lake CT homes for sale.

Check out https://www.CandlewoodLakeCTRealEstate.com/ to see listings of available Candlewood Lakefront homes for sale that fits your budget.

Call me, Deborah Laemmerhirt, now at 203-994-4297 and let me assist you with everything you need to know about buying or selling Candlewood properties. My years of experience as a preeminent real estate professional in Ridgefield, Redding, Wilton, New Fairfield, Brookfield, Bridgewater, Roxbury, Washington, Weston, Westport, Southbury, Kent, Sherman, Easton, and Bethel, CT, combined with my dedication to providing the finest service will make it easier for you to find your dream home in Connecticut.

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About Deborah Laemmerhirt

Let me assist you in finding everything you need to know about buying or selling a home! As the preeminent real estate professional in my community, I am dedicated to providing the finest service available while breaking new ground. Because the real estate industry is becoming more sophisticated and challenging every day, you need a professional that understands the industry and is positioned to stay ahead of the game. I go the extra mile to help you achieve your goals. That’s why I constantly research the home, market and estate values so your home is priced effectively from day one. I also make sure the public knows your home is for sale by using innovative marketing techniques to attract potential buyers. As an Internet-savvy real estate representative in Connecticut, I’ve had the opportunity to help many home buyers find their ideal homes and many sellers obtain top dollar for their homes. Buying or selling a home is one of the largest financial transactions that most people ever undertake, so I will help you through every step of the process. My goal is to make your home selling or buying experience as easy and enjoyable as possible. My services include: Explaining the home selling and buying process thoroughly Diligently selecting homes that meets your criteria Pricing your home correctly and implementing a unique yet proven marketing plan Negotiating on your behalf Tracking the closing process to ensure a smooth transaction I welcome the opportunity to address any questions you might have about buying, selling or current market conditions. Please call or e-mail me any time, and I will be happy to discuss your next steps in the buying or selling process. I specialize in both Residential and Commercial Properties. I also head a Real Estate Group to provide you with expert service and support. Areas of Expertise Making transitions in your life is challenging. You may be moving from out of town, a different state, internationally or just next door! Regardless of the distance I am prepared to respond to your unique needs.If you are a BUYER looking to downsize, up-size, want a new construction, desire a condominium, to invest, even if this is your first home, I will design a unique plan to fulfill your needs in a reasonable time frame, with the best negotiated price and the least amount of inconvenience.For my Home Sellers, I have an innovative marketing plan that will leave nothing to chance. Just call, and I would be happy to share the DIFFERENT and SUCCESSFUL TOOLS I utilize on each of my listings. I have lived in Connecticut for over 35 years. I practice Real Estate in Fairfield County, New Haven County and Litchfield County. This includes, but is not limited to Bethel, Bridgewater, Brookfield, Danbury, Harwinton, Kent, Litchfield, New Fairfield, New Milford, Newtown, Oxford, Ridgefield, Redding, Roxbury, Sherman, Southbury, Warren, Washington, Westport and Wilton.