Buying a House in Ann Arbor, MI
Whether you are buying a home for the first time or have been around the block a few times, buying a house in Ann Arbor, MI, is an intricate process that can be difficult for someone without training to navigate. That’s why many residents rely on realtor Matt Dejanovich, whose knowledge of properties in Michigan far exceeds anyone else in the field. And not only can he answer your questions about houses for sale in MI, but he also has access to tools and resources that allow you to make an informed decision when choosing a home. As a leading buying agent in the area, Matt is someone you want on your side when it comes to finding your dream home.
In addition to guiding residents through the home buying process in Ann Arbor, Matt also helps people find luxurious and affordable houses in the following MI cities:
Steps of the Home Buying Process
Are you ready to buy a home? The home buying process can be intimidating, but we’re here to ease your fears. Here’s an overview of the steps involved in buying a house in Ann Arbor, MI:
Step One: Review Your Credit Score
It’s rare for people to be able to afford a house without some kind of financing, and this is why the first step of the home buying process is checking your credit score and reviewing your finances to ensure you’re qualified to obtain a mortgage.
Step Two: Calculate an Estimate of What You Can Afford
Calculate how much you can afford in mortgage payments each month using a mortgage calculator. Be sure to also consider potential closing costs, fees, taxes, and homeowners’ insurance.
Step Three: Research Home Selling Prices Where You Want to Move
An important step of determining if now is the best time to buy a house is looking at the prices of homes in the area you want to move to. If you can afford property in that location, you can move on to the next step in the house buying process.
Step Four: Get Pre-Approved for a Loan
Take your time finding a trustworthy lender, and then get pre-approved for a loan. This will save you from wasting time and falling in love with a house outside of your price range.
Step Five: Hire a Buying Agent
It’s essential to partner with a homebuying agent that is local to the Ann Arbor area, trustworthy, and an expert on real estate. If you’re buying a home for the first time, it’s also helpful to work with someone who understands your unique needs and is amazing at explaining the steps of buying a house and his reasons for taking the actions he does.
Step Six: Shop for Houses for Sale in MI
Now comes the fun part: viewing homes and daydreaming about raising your kids there and sipping coffee on the porch after retirement. Take notes on what you like and don’t like, and then share these thoughts with your realtor so that he can help you find the perfect house.
Step Seven: Make a Formal Offer
Once you’ve found a home you can see yourself living in, work with your agent to come up with a competitive offering price.
Step Eight: Schedule Inspections
Ask your buying agent for recommendations on local home inspectors. The inspector will be able to detect any potential problems and ensure your investment is worth every dollar.
Step Nine: Finalize Your Mortgage
If everything comes back clear with your inspection, submit your mortgage application and ensure you’re ready to handle all closing costs, including the down payment, attorney fees, title insurance, and courier fees.
Step Ten: Close and Receive Your Keys
The last step of the house buying process is closing on the home. On your closing day, you’ll meet with your agent and lender as well as the seller to finalize any paperwork, sign contracts, and pay closing costs. Finally, you’ll receive the keys to your new Ann Arbor home.
Assistance for First-Time Homebuyers in Ann Arbor
Everyone buying a house in Ann Arbor, MI, can benefit from hiring a licensed real estate agent, but it’s vital for first-time homebuyers to work with a realtor who understands their unique needs and the intricate first-time home buying process.
You may be wondering if it’s even possible to find a professional who specializes in finding homes for first-time buyers. And the good news is that you’ve found one of these professionals. Matt Dejanovich is a real estate agent who specializes not only in luxury homes but also in affordable houses for first-time buyers.
Matt understands that you will have dozens of questions as you work through the first-time home buying process, and he’s ready to answer every one of those questions with patience and detail. You will not be left in the dust, wondering if your agent is making decisions with your best interest at heart. Matt will ensure you understand the process thoroughly while finding quality homes for first-time buyers.
Programs for First-Time Homebuyers
One of the greatest things about buying a house in Ann Arbor, MI, or the surrounding areas is that first-time buyers can receive assistance through the Michigan State Housing Development Authority (MSHDA). These programs for first-time homebuyers can make it easier to afford a down payment and often do not require monthly payments or have interest. With these programs and Matt’s expertise, it has never been easier to realize your dream of living in a first-time buyer home.
Houses for Sale in Michigan
Whether you’re searching for a first-time buyer home or an elegant, multi-million dollar mansion in Michigan, home buying agent Matt Dejanovich can find you a property that matches your lifestyle and budget. He can help you discover houses for sale throughout Michigan, including Chelsea, Dexter, Manchester, Saline, and Ypsilanti, MI.
With Matt as part of your team, the best time to buy a house in Michigan is now! So, start going through the home buying process and reach out to Matt for the best homes for first-time buyers, young professionals, families, and retirees.
Learn More About Buying a House in Ann Arbor, MI
Buying the house of your dreams has never been more possible with the assistance of real estate expert Matt Dejanovich. If you’re ready to discover the best Michigan has to offer, contact Matt today! He’s also adept at helping sellers connect with suitable buyers.