.png)
Buying A Home With Davey Goosmann
Purchase A Home in North Texas With Confidence and Comfort
Buying A Home With Davey Goosmann
Purchase A Home in North Texas With Confidence and Comfort
Why Davey Goosmann?
Davey Goosmann's award-winning expert agents serve clients all across North Texas, including Dallas, Fort Worth, Southlake, Lakewood, and The North. Davey Goosmann specializes in the sale of significant homes, high-rises, ranches, land, and commercial properties. The company’s connections, resources, and strategies bring the exceptional to you on your journey to a new home. No matter your definition of home, you couldn’t be in better hands.
.png)
Make It Yours
You are on your way — but no one has your unique financial, property, and personal requirements. No one. That demands good advice and smart strategies from a real estate agent with specialized expertise. These also include instances when you wish to purchase:
Your first or your next home, your dream home, a vacation home, a ranch, land, secondary investment properties, a commercial property, and property outside your state. Every agent at Davey Goosmann Realty is a professional, with the expertise, integrity, tools, and technology to help put you in the home of your dreams. In just seven steps, you are there.
Define Your Goals Needs & Budget
Prior to meeting with your real estate agent and any financial professionals, it is important to clarify your specific needs, your budget, and your personal preferences — including any anticipated changes in your life. All of them will impact the purchase of your home.
As a starting point, complete this worksheet, then review it with your Davey Goosmann Realty agent and any financial professionals.
Secure Your Financing
Before starting your home search, it is important to evaluate your financial situation, confirm your budget, familiarize yourself with mortgage options, and secure preapproval from a lender. This will help you conduct your search with confidence and negotiate for your desired home successfully. Your Davey Goosmann Realty agent can connect you to qualified professionals to get your loan handled efficiently and effectively.
Establish Your Budget
As a general guideline, total monthly housing costs for your primary home — including mortgage payments, taxes, maintenance fees, insurance, interest charges and utilities — should not exceed about 28% of your gross monthly household income. Many financial advisors also suggest that total monthly debt, including mortgage payments, credit card payments and car payments, should not exceed about 36% of your gross monthly income. Always consult a financial professional for specifics, tips and tools. Those purchasing an investment property should also consult real estate and financial advisors, to understand tax and financial implications of their purchase.
Confirm Your Down Payment
If your down payment amount is less than 20 percent of the total purchase price, you will need to purchase mortgage loan insurance that guarantees the debt against default. In most cases, this will be added to the mortgage loan.
Your Credit Is Important
Your credit report plays an important role in your mortgage approval process and in determining the interest rate and other loan terms that a lender offers you. Before contacting a potential lender, you may wish to confirm your credit rating, so that you have time to resolve any issues.
Get Written Preapproval
In markets where there is a high demand for the type of home you wish to purchase, a written preapproval is essential — and could give you the competitive edge. For example, in a scenario where a seller receives two similar offers — one accompanied by a letter that confirms financing preapproval, and one not — the former offer is often considered first.
.png)
Work With Your Agent
A real estate agent represents your interests when purchasing a home — one of the most significant financial investments you can make. For this reason, it is essential to select a real estate agent with in-depth knowledge of your local real estate market and specialized experience in the property type you are interested in.
.png)
New Home Alerts
Aside from in-house and off-market opportunities, properties are put on the market via a multiple listing service (MLS), virtually every day. As soon as a property that meets your criteria is posted on the MLS, your Davey Goosmann Realty agent will let you know of that listing — and, in many cases, private tours can be arranged.
.png)
Weighing Your Options
It can be challenging to determine the fair market value of a home and to assess whether it is a good value for its listed price and for your budget. Variables that impact the value of a home or property include its location, neighborhood, community plan, proximity to amenities, lot attributes, views, property size, interior and structural condition, construction type, age, unique features, and the state of the local real estate market. Your Davey Goosmann Realty agent is an expert on all the factors and will advise you, always, with your interests as the utmost priority.
Search
DALLAS
Search
FORT WORTH
Search
NORTH TEXAS
Search
NEIGHBORHOODS
Search
PROPERTY TYPE
Define Your Goals Needs & Budget
Prior to meeting with your real estate agent and any financial professionals, it is important to clarify your specific needs, your budget, and your personal preferences — including any anticipated changes in your life. All of them will impact the purchase of your home.
As a starting point, complete this worksheet, then review it with your Briggs Freeman Sotheby’s International Realty agent and any financial professionals.
Secure Your Financing
Before starting your home search, it is important to evaluate your financial situation, confirm your budget, familiarize yourself with mortgage options, and secure preapproval from a lender. This will help you conduct your search with confidence and negotiate for your desired home successfully. Your Briggs Freeman Sotheby's International Realty agent can connect you to qualified professionals to get your loan handled efficiently and effectively.
Establish Your Budget
As a general guideline, total monthly housing costs for your primary home — including mortgage payments, taxes, maintenance fees, insurance, interest charges and utilities — should not exceed about 28% of your gross monthly household income. Many financial advisors also suggest that total monthly debt, including mortgage payments, credit card payments and car payments, should not exceed about 36% of your gross monthly income. Always consult a financial professional for specifics, tips and tools. Those purchasing an investment property should also consult real estate and financial advisors, to understand tax and financial implications of their purchase.
Confirm Your Down Payment
If your down payment amount is less than 20 percent of the total purchase price, you will need to purchase mortgage loan insurance that guarantees the debt against default. In most cases, this will be added to the mortgage loan.
Your Credit Is Important
Your credit report plays an important role in your mortgage approval process and in determining the interest rate and other loan terms that a lender offers you. Before contacting a potential lender, you may wish to confirm your credit rating, so that you have time to resolve any issues.
Get Written Preapproval
In markets where there is a high demand for the type of home you wish to purchase, a written preapproval is essential — and could give you the competitive edge. For example, in a scenario where a seller receives two similar offers — one accompanied by a letter that confirms financing preapproval, and one not — the former offer is often considered first.
Work With Your Agent
A real estate agent represents your interests when purchasing a home — one of the most significant financial investments you can make. For this reason, it is essential to select a real estate agent with in-depth knowledge of your local real estate market and specialized experience in the property type you are interested in.