Let’s be real, these are uncertain times. The coronavirus is scary and buying a home in 2020 might seem scary. Yet, the housing market remains strong, and for those ready to enter the housing market, low rates and new homes are waiting.
But how can you know for sure that now is the time to buy? ?
Buying A Home In 2020 – Are You Ready?
First off, you should ask yourself these five questions:
- Do you have a stable employment history?
- Do you have a handle on your debt?
- Do you have a decent amount of savings?
- Are you happy with your credit score?
- Is the market is working in your favor? With mortgage rates at record lows, odds are yes.
Once you are feeling confident about moving forward with buying a new home, you’ll want to understand the steps.
Buying A Home In 2020 – Steps To Success
In general, most home sales involve the following 10 steps:
- Calculate How Much House You Can Afford
- Save For A Down Payment And Closing Costs
- Get Preapproved For A Mortgage
- Find The Right Real Estate Agent For You
- Begin House Hunting
- Make An Offer On A House
- Get A Home Inspection And Appraisal
- Ask For Repairs Or Credits
- Do A Final Walkthrough
- Close On Your New Home
Buying a house is a lot of work. First, you need to decide if you’re ready to be a homeowner and what your budget is going to be. Next, the fun begins – shopping for properties. Pro Tip: Find a reliable real estate agent to back you up. Trust us, they will make everything easier. Once you find a home, your agent will help you submit an offer and negotiate with the seller.
Once you reach an agreement, it’s time to get an appraisal and inspection. If the inspection uncovers some issues, you may want to negotiate repairs or credits with the seller. Be sure to do one more walkthrough in the house before you buy it once all of the work is complete. If everything looks good, then it’s time to close the deal – and enjoy your new status as a homeowner!
Buying A Home In Ashland, Oregon
The Ashland housing market is in good shape, despite the uncertainty from Covid19. We currently have two communities of sustainable homes available in Ashland, Oregon.
KDA Homes offers custom, semi-custom, and pre-designed plans to meet a variety of needs and price points. The KDA Custom Homes process offers unparalleled customer service—our design and build team combine more than 100 years of experience with outstanding communication to bring your new custom home to life in a comfortable, collaborative and seamless manner.
Our highly experienced sales team, Rick Harris and Rachelle Beveridge offer a low-pressure but highly responsive customer experience, including a clear overview of available packages and finishes, a detailed discussion of the home building process, and a thorough review of the purchase and financing options. Rick and Rachelle guide you through the entire project, ensuring your custom-designed KDA home meets all your expectations and needs.
With over 100 years of combined experience, KDA Homes is committed to being pioneers in smarter home design leading the way for sustainability in residential development and green building. The company approaches every project with the end goal in mind – building a home for a new community to grow. KDA is a proud member of the Ashland community.