Tips and Steps to Buying Rio Rancho Homes
Considering Buying a home in the Rio Rancho New Mexcio Area? This is a great place to start learning how and why to buy Rio Rancho homes.
Buying a home can be exciting and yet a little aprehensive too. If you are first time home buyer in Rio Rancho this is a good place to start to really get a feel for the real estate transaction. But whether this is your first or tenth time buying a home things change from year to year and the Rio Rancho market may shift in your favor or in the seller's favor depending on the current trends.
Most of us know by now that we are in a buyers market for the last few years but lenders are still not making it very easy for just anyone to buy a Rio Rancho home. (Be sure and talk to Wes Moore for details that will get you into your own Rio Rancho home) This has it's downside but this may actually save you in the long run. You don't want to buy a home you realize you can't really afford in 6 months. Knowing ahead of time what your budget now, and future budget can support will make the entire buying process much easier on you and your pocketbook.
You can quickly become pre-qualified by a short chat with our lender, Wes Moore, over the phone. This can give you the thumbs up to proceed or he may want more information on your financial situation before giving you the go-ahead. You are free to get multiple rates, choices and options for your financing needs so don't feel you are stuck with one lender.
A Pre-Approval is a little different in that you actually have gone that extra step with a lender and discussed your finances in depth. They have calculated your income, debts and liabilities and determined exactly how much Rio Rancho home you can afford. Once this is done they can issue you a pre-approval letter to submit to sellers when presenting an offer. This shows the seller you have already done your financial homework and can really buy this Rio Rancho home.
Use A Rio Rancho Buyers Agent
Naturally most agents would want you to use them but beyond that obvious fact is the inside information most buyers don't know when buying with their own agent. Many buyers think they can simply talk to the Rio Rancho listing agent and have them draw everything up. While this is true buyers need to remember who that agent is really working for. Not the buyer - the seller. Most times it's difficult for listing agents to put the buyers needs into account when their first goal was getting the Rio Rancho home sold for the seller.
By having a dedicated buyer's agent working only for you when you buy a Rio Rancho home you know that there is no hidden agenda for that agent.
As your Rio Rancho buyer's agent, I strive to keep your information confidential, use your financial situation only as leverage for strict negotiations and fight for your price and your terms. My goal is not to sell any particular home, but to make sure you find the right home for you.
Buyers don't even have to pay an agent for this service. Even though we work only for you, we get paid on half the commission from whatever home you choose. Our goals are your goals and we will receive compensation from that seller when you choose the home.
Choosing the right Rio Rancho house takes knowledge of all the neighborhoods and communities in and around Rio Rancho. With over 60,000 people around the Rio Rancho area, there may be pockets of perfect homes you may not be aware of. Knowing the city and it's outskirts allows me to pin point the right house for your needs. I won't waste your time showing you homes that don't match your needs. As your Rio Rancho homes expert I strive to utilize all my resources to find the right home, at the right price for you. Give me a call anytime or send me an email with your needs and I will get in contact with as soon as possible. I look forward to speaking with you. Rich Cederberg NMBuyerSpecialists@gmail.com 505-750-1846