What Are the Best Resources to Buy a Home in Maryland?
Buying a home is among the single largest investments a person can make.
It can be a stressful decision, so buyers deserve every great resource available to them. If you’re looking to buy a home in Maryland, fear not: we’ve compiled a few of the best resources for you.
If you weren’t sure where to start your home search, you may be stuck with less-than-perfect resources. You might check out the listings in the local paper, walk through prospective neighborhoods looking for “for sale” signs, or you may even wade into the wild world of Craigslist.
However, if you want a bit more direction, the following four places are a great place to start. They’ll give you realistic views and prices of homes. Not only that, but they can connect you to the right people to talk to if you’d like to learn more.
If You Have Internet Connection…
We’re taking a wild leap of faith here: we assume that you have an internet connection because you’re reading this article, Having the internet is a prerequisite for three of our four favorite resources for buying a home in Maryland.
Most real estate-focused websites have customizable searches that help you zero in on houses that fit your needs. You can search, filter, set preferences for price, location, and other major parameters. You can also sign up to receive notices when new houses that fit your criteria enter the market.
Here are three good online resources for buying a home in Maryland:
Zillow has been around since the mid-2000s and has continued to grow and add functionality. Users can search neighborhoods, shop for houses, and connect with sellers, all from one online portal.
One of the more interesting functions of Zillow is their Zestimate feature. It gives an estimate on the value of a house based on its location, its history, and the buy and sell prices of nearby houses. While the Zestimate isn’t always accurate, it’s a good starting place to see which houses are a good deal and which aren’t.
Redfin has fewer features than Zillow, but that’s because it has one focus: buying and selling real estate.
Whereas other major real estate resources make their money form advertising and lead generation, Redfin makes their money as a brokerage. That means they’re committed to helping you buy a home and they’ll be a strong ally during your home buying process.
Realtor.com got its start as a network to help realtors. Since then, it has become one of the largest online resources for people looking to buy a home. In Maryland, you can use realtor.com to get a good lay of the land. Their website is easy to navigate, and they have ways to help younger or first-time home buyers understand the home buying process.
Who Needs the Internet, Anyway?
When it comes down to it, the best resource is the old-fashioned resource. If you want to buy a home in Maryland, we recommend talking to a realtor. There’s no substitute for talking to someone in person.
Realtors are on hand to answer any questions to you have, whether general or specific. They can help negotiate prices, find houses that aren’t listed in on the websites above, and give valuable insight that may be unavailable online. Realtors have access to the Multiple Listing Service, which gives them the big-picture view of what’s going on in the real estate world. The best part about realtors is that you don’t pay for their services unless you actually buy a home.
Since You’re Already Browsing…
If you’re looking to buy a home in Maryland and want to work with a realtor, one of your first steps should be getting prequalified for a loan. Many realtors won’t work with shoppers who aren’t prequalified for a mortgage, so it’s almost a necessity.
Not all members will qualify for a mortgage with Nymeo. You must qualify for membership with Nymeo to be considered for a loan. Credit decisions are based on several factors, such as creditworthiness of applicant(s), capacity to repay, and value of collateral.