Home, Process, Location, Make, Live | The McEnelly & Olson Process For Success

The McEnelly & Olson Process For Success

Whether you’re a first-time homebuyer or you’re moving up to your dream home. Steve and Chris follow a proven process honed by years of experience helping people purchase homes in the Anoka County area.

While the process is often similar, Steve and Chris also know that every situation and homebuyer is unique. Their unique blend of Anoka area knowledge, professional experience and a caring attitude make the home buying process seamless and painless. Buying a new home should be one of the most pleasurable experiences of anyone’s life. Steve and Chris go above and beyond to make sure the home-buying experience is the best it can be – when it matters most.

Determine Budget - How Much Home Can You Afford?

Save yourself a ton of headaches. Take a few minutes to figure out how much mortgage you can afford. A lender will typically want your monthly mortgage payment to total no more than 29% of your monthly gross income. Your monthly gross income is your monthly income before taxes and other paycheck deductions are taken out. Consider current loan interest rates. The lower the rate, the more home you can afford. Also, talk to your realtor. A good realtor can help guide you through the process of determining how much home you can afford.

Determine Location - Location. Location. Location.

Many factors go in to choosing a new location to live. Family. Friends. Work. Schools. Of all the decisions you’ll make in the home-buying process, this is one of the most personal. Do you want to live within walking distance to schools and shopping? Or do you want a more rural lifestyle? The Anoka County area has something for everybody. But within that area, there are many, many choices. Again, rely on your realtor to help you decide where to live. It’s a decision you’ll likely live with for a long, long time.

Determine Home Style - Make a wish list and focus on the features you really want in your home.

How many bedrooms? Bathrooms? Garage or no garage? Knowing what you’re looking for will help you focus your search. Split level? Colonial? Ranch? Condo? There are literally dozens of different home styles. It’s important to choose a home that fits your lifestyle. To get an idea of what each style may look like, read real estate magazines and attend many open houses. But narrow your selection down to just a few styles when you begin seriously looking for your new home. It will make your home buying process more focussed and ultimately more enjoyable. Your real estate agent has bought and sold many homes. Rely on their expertise to help you narrow the field.