Well, the first thing you should do before you shop for your new home in Port Angeles Washington, is to get a copy of your credit report and credit score! You can obtain a copy of your credit report and score from one or all of the three credit bureaus:  TransUnion, P.O. Box 2000, Chester, PA. 19022,800-888-4213,www.transunion.com; Equifax, P.O. Box 740256, Atlanta, GA. 30374, 877-784-2528 ,www.equifax.com;  Experian, P.O. Box 2104, Allen, TX. 75013, 888-397-3742 ,www.experian.com.  You may even consider ordering a three in one credit report to see what each credit bureau is reporting about you.

You’ll want to review your credit report for any potential problems that will need to be cleared up before you start shopping for your new Port Angeles home.  You don’t want any surprises when you complete your home loan application.  So, it’s important to be proactive about getting your credit report first!

After you have secured your credit report, the next step for you to consider when preparing to purchase a Port Angeles home is to get pre-approved for your home loan.  That’s right, get pre-approved for your home loan not pre-qualified, there’s a big difference! Getting pre-approved for your home loan means that you have obtained approval from your chosen Port Angeles lender to pay a certain amount for the home you are about to purchase. 

Basically, pre-approval means you already have your money for your Port Angeles home purchase and have the ability to negotiate a better deal with the seller because you have the funds to purchase quickly.  A pre-qualification doesn’t have much clout, because you have not secured approval of your home loan from a lender.  A pre-qualification is that you may qualify for a home loan.  So, do your research and secure  pre-approval of your home loan from a lender of your choice before you start shopping for your Port Angeles home! 

As you look for your home, you may want to choose a Port Angeles buyer’s agent to represent you for your home purchase.  Remember, the sellers agent represents the seller and not you the buyer! That means that whatever offers you make or whatever you tell the sellers agent for the most part must be relayed to the seller.  For example, if you tell the sellers agent that you could pay up to $200,000 for a particular property but relay a bid of $180,000 directly to the agent for the seller, the agent usually has a duty to tell the seller that you would pay up to $200,000 for their property.  This would leave you with no room for further negotiations of the purchase price to the seller.  So, consider getting your own Port Angeles buyer’s agent that will represent your interests for the home you are trying to purchase.  Consider getting a buyer’s agent that will split or get a portion of the real estate commission for the home sell with the sellers agent so you’re not stuck paying a commission fee directly.

If you’re interested in purchasing a brand new Port Angeles home, it is recommended that you have your own buyer’s agent representing your own interests and not the agent who represents the builder! In most cases, you will find that the terms of the contract for the purchase of the new home presented by the builder’s agent, is one sided and may not protect your interest! So, get an Port Angeles real estate agent that will represent you for your new home purchase.  You will find that you may have a better peace of mind during the purchase of your home.

Buying a home is probably the most expensive purchase you’ll make in your lifetime.  It’s also one of your bigger investments for your future.  So, it’s important that you do your research before you buy and take precautions that will make your home purchase easy going, less stressful and carefree! So go ahead, get started on your home purchase today!

There is a lot of free information available to you about buying, selling or investing in Port Angeles real estate. For complete information about the Port Angeles real estate market including, homes for sale, Land for Sale, buyers and sellers info, home values,  relocating information …Please visit my website www.port-angeles-real-estate.com  There you’ll find everything you need to know about Port Angeles Washington Real Estate  

Feel free to contact me (Steve Edwards) at anytime. I’ll be happy to answer / address any questions or concerns you may have.  Call me anytime … I can be reached on my cell at: 360-809-3064 or by email at steveedwards@olypen.com

I know your time is valuable and I’ll make every effort to respond to you within the hour.  As always, your privacy is – “100% guaranteed”.

Thank you for your time!
 
Steve Edwards