The easiest way to get started is to get in touch.
Why purchase a home?
The decision to purchase a home is a deeply personal one, so only you can answer this question. It can be a strategy to build equity (because sadly, that rent check never comes back to you), gain some tax benefits, or build generational wealth. It can be a way to provide stability, as fixed-rate mortgage payments won't rise over the years. Most of all, homeownership provides a way to beneficially increase your quality of life through freedom — to grow your own veggie garden, get back in touch with nature in your backyard, give your furry best friend a place to run, finally put your interior design skills to good use without limitations, or build a treehouse for the littles.
Once I understand the broader picture of your search, I will be able to give you some areas of upstate that sync up with your needs as well as access to the things you most enjoy. You can take a peek at some of our day-tripping itineraries to help you explore new areas and make sure you land in a place that you love.
Where do you want to live?
What you want vs what you need.
Once you start thinking about becoming a homeowner, the next step is to figure out what is important to you about the place you'll make your home and the community you'll become a part of. A great resource to help you work through this is using these questions to do a bit of self-exploration.
Most of all, it's going to be important to figure out what you are comfortable paying monthly for your mortgage. UVH's goal above all else is to help find you a home that will be a place of sanctuary, not a burden.
How to figure out what your budget is.
Make sure that you're comfortable.
*Private mortgage insurance (PMI) is generally required for down payments that are less than 20% of the purchased price. PMI is generally 1% of the total purchase price per year, which in turn equates to a minimum of $200+ per month. Speak with your lender for more specific details, fees, and to verify any estimated information above.
In addition to putting cash down to your lender as a deposit, the lender will also require you to pay closing costs. These include various fees for services to put together the loan, prepayment towards property taxes, and homeowners insurance. Make sure to speak with your lender about this so you're not blindsided when you find the house you absolutely love.
Don't forget closing costs.
In a fast-paced market, the vast majority of sellers won't even consider an offer without a preapproval letter. If you're confused about the process or not sure where to start, UVH is here to help. We'll work together to get you connected with the best local professionals in the industry who will not only connect you with the best rates but are also great resources and advocates.