4 Quick Tips to Buying a Home this Spring

With spring in bloom, you may be asking yourself, "Is now a good time to buy a home?" There is good news - according to the National Association of REALTORS, most homeowners sell their homes between the months of April and July. Before you dive into house hunting, it’s important to do a little planning.

Here are 4 quick tips on fine-tuning your wish list so that you can start looking now!

Set the budget. Don't look for something astronomical. Rule of thumb is to “keep your mortgage payment to 25% of your monthly take-home pay”. Maintenance and repair costs can add up quickly, so keep that in mind.

Make a list of features. What is on your must-have list? Jot down the home-features that will be a good investment down the road. Remember that you may not be able to get everything on your wish list - priority is key.

Location. What neighborhoods are you fond of? Zone in on the type of living environment you can envision yourself in. Once you’ve narrowed down your search, hunting for a house will be a bit easier.

Visit open houses. Make sure you are happy with what you may be purchasing. Open houses are a great opportunity to see if your wish list lines up with your budget. You need to be content with your purchase while staying realistic.

If you’re looking for a new home this season, take a moment to check out Copper Square. With our state of the art amenities, incomparable location, options for every budget, and maintenance free living - we offer a luxurious and convenient lifestyle.

Our Models, Design Studio & Sales Center are now open. Call today at (203)778-4800 or visit our website for more information.

Planning for Your New Home Purchase: Finances & All

If you're in the market for a new home, the best place to start is your finances. Understanding where you are from a financial standpoint will directly relate to the kind of home you can afford and should be looking for.

Review your credit reports. The first question you should be asking yourself is "What is my credit score?" If you notice any errors or red flags on your credit report, get those patched up. A bank or lender can also tell you your score.

Boost your score. Just a few consecutive months paying every bill on time and repaying as much debt as possible can improve your score. Requesting an increased credit limit - but not using up that credit - can also help.

Start with a pre-approval. Your best bet is saving the house hunt for after you talk to a mortgage lender about pre-approval. They can then provide you with a pre-approval letter that allows sellers to confirm you are financially stable enough for a purchase.

Don't put your purchase in jeopardy. Don't go shopping for new appliances and furniture the minute you sign the dotted line. Lenders typically check your credit one last time to make sure your situation has not changed. To avoid confusion, hold off until all is set in stone to buy the "extras."

Now that your finances are all straightened out, are you ready to take an inside peak at what Copper Square has to offer? Visit our gallery »

Our Models, Design Studio & Sales Center are now open. Call today at (203)778-4800 or visit our website for more information.

10 Copper Square Drive, Bethel, CT 06801

(Off RT. 6, Stony Hill Road.)

For GPS location use 48 Stony Hill Road