thinking of buying your first home in 2022?

If you’re thinking about buying your first home in 2022, here’s my word of advice. Before anything else, think through these three things: your lender, your budget and your must-haves

YOUR LENDER: Having a LOCAL reputable lender is crucial in this market. Sellers want to know you are well qualified to purchase the home without any hiccups or delays. Your lender will go over your financial position with you, help you set your down payment, closing cost expectation and your budget. 

YOUR BUDGET:  After you have met with your lender, you will be able to set a realistic budge. You will be able to determine the price range you feel comfortable with spending on a new home. During 2021 and now in 2022, we are asking buyers to look at home $25k to $50k UNDER their top number to allow room for offering over the asking price. This may be a shock to first time home buyers, but the Portland market has very low inventory and homes that are highly sought after will go for over asking.

YOUR MUST HAVES: Keep this list small! Do you need to stay in a certain school district? Need a yard for your dog? Write out the things you must have in a home and share these with your realtor upfront. Avoid adding things like paint, flooring, appliances.

Buying a home is one of the best things you can do this year for your financial health. Reach out if you have questions or would like to talk more. I’m here to help!

Leave a Reply

Your email address will not be published. Required fields are marked *

Having an agent that focuses on fiduciary vs functionary representation is a game changer in buying real estate. ~ Anne Stewart

Helping home Buyers in the following counties: Multnomah, Washington, Clackamas, Yamhill and Marion

Realtor License 200012088

Anne Stewart – Principal Broker/Oregon Licensed ABR, GRI, CRS, e-PRO
Stewart Real Estate Group

Powered by Stewart Real Estate Group at eXp Realty LLC

Buyer Focused — Buyer Results

Anne Stewart-Principal Broker, operates an elite team of real estate professionals designed to focus on Buyer Representation

Resulting in superior customer care and exemplary client services.  

Moving to Portland and need to get acclimated?  Want to see a home that checks all the boxes?  Our level of Buyer Agency and Buyer Representation is what you need in a real estate professional!  We help you navigate the home buying process step-by-step with care, attention to detail and professionalism that is not easily found in the real estate industry.

The Stewart Real Estate Group at eXp Realty LLC are a team of experts in buyer representation.  And that’s what you want!

We are here to represent your best interests in the purchase of real estate.  Relocation, Residential, new construction, Land/Lots, condos/townhomes, Move up/Move down,

Since 2001, our team has over six decades of combined experience.  Have a real estate agent whose real estate practice has PROVEN RESULTS!

  • Expert negotiators
  • Experienced real estate professionals
  • Designing unique approaches to represent you in buying property EVERY STEP OF THE WAY!