The Triangle is one of the best locations in America to settle down in and raise a family! With a thriving Downtown Raleigh, the Research Triangle Park, and the close proximity to both the North Carolina mountains and beaches, the area is growing very fast as we head more deeply into 2017. New residents living in the area are often renting; yet many are eager to find the home of their dreams and begin the buying process.
However, the Triangle real estate market is quite competitive, and it is often a challenge to navigate the various towns and neighborhoods in search of a new home. This is especially true in the core Triangle region that includes Cary, Morrisville, Apex, Holly Springs, and Fuquay-Varina. Luckily, our seasoned real estate experts at Flat Fee Realty offer first time buyers valuable tips in their search for a beautiful home.
The Flat Fee Realty professionals offer these three great ways for first time buyers to be more confident as they check out new home options:
- Work on the credit score: There’s no set minimum score required for mortgage approval, but there are benefits to striving for the highest score possible. Typically, the higher the score, the lower the fees and monthly payments. Also, since there are many interested buyers in the market, it’s beneficial to be as competitive as possible.
- Stay within the budget: It’s easy for first-time home buyers to justify spending more than the budget allows. However, the financial burden in the future can be large and often overwhelming.
- Save money: Buying a home is a great investment, but it’s expensive. Most first-time buyers under estimate the financial needs the Triangle real estate market demands; especially in the areas of closing costs, mortgage insurance, home insurance, inspection fees, and down payments. Do some important research ahead of time,and call us to get an idea of the average amount of money needed to buy a new home here in the Triangle!
Spring is the perfect time to buy in Raleigh and the surrounding areas. The real estate market may seem intimidating when unfamiliar with it, but working with one of our experts at Flat Fee Realty is the best way to have the best experience! Moving to the Triangle or from an area within the region? Contact us today at 919 342 5230!
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This post on selling and buying a home in the Triangle is brought to you by the team at Flat Fee Realty and is intended for informational purposes only.
The Future of Real Estate!
Flat Fee Realty
919 342 5230
Photo: 29486705_l-2015, http://depositphotos.com/