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Tips for Idaho Home Buyers

While it's been an undeniable sellers market for the last few years in Idaho real estate, things have begun to slowly take a turn, and with the return of more inventory to the market it's now a good time for buyers to start thinking about making the market their own. So, what do you do if you've been thinking about buying a home, but still aren't sure where to start - or even if the time is right? Don't Panic! Your team of Idaho mountain real estate professionals is here to help you find your way to H-O-M-E!

Understand Mortgage Rates
Rates have increased significantly this year, and recently they’ve been fluctuating quite a bit. How mortgage rates change can impact your buying power, so knowing where they are and how much it might effect you is important. A change in the percentages can determine your borrowing power as well as what your mortgage cost will be down the road.

Start Looking
It never hurts to start looking for what you might want NOW. It might not be on the market yet, but in the looking we often learn about what it is we really want - and what we don't. Looking at the available homes also can help you see what prices are doing, as well as what home features you'll want to include in your new place.

Look at Finances
It's a good idea to start looking at your financials long before you start your home search. This includes taking a look at your savings, debt to income ratio, as well as considering paying down any outstanding debts. It's a good idea to talk with a mortgage professional or your real estate agent to find out which numbers will be the most important.

Work with an Experienced Realtor
Save time, save stress, save money! These are all things you want to do - and working with a qualified Garden Valley Realtor is a great place to start! We're familiar with the market and the area, and can help you at every step of the way. A good agent will not only help in your search for the perfect place but they'll know how to get all the i's dotted and t's crossed when the time for paperwork comes.

Home doesn't have to be hard to find - just start right here!
We look forward to hearing from you about your real estate needs; no matter if you're looking to buy or sell we can help!

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