If you are shopping for a home, there are several things you can do to help make the process go smoothly.
Working with a good mortgage broker from the very beginning will help a great deal. A mortgage broker will help you prepare financially for closing on a home, in addition to pre-qualifying for a home.
You may not think about searching for homeowners insurance while shopping for a home. But, if you select an insurance agency and begin working with them while shopping for a home, you can thwart potential problems early. Also while shopping, an insurance agent can give you an idea of the cost of insuring a particular home, which you can use to estimate your monthly payment.
Learn More About Insuring Your New Home
To learn more about insuring your new home, read our new article: Homeowners Insurance For Your New Home.
You should begin looking for homeowners insurance early in the process of buying a home. One reason is that you will want to make sure that there are not any issues that could prevent you from being able to obtain homeowners insurance, such as a bad roof.
There are also circumstances that could cause the process to take longer than usual. For instance, we have dealt with homes that have previously had sinkhole repairs. These homes are insurable, but the documentation required and review by the insurer is more extensive and may cause delays if not started early.