3 Tips for Finding New Homes for Sale in McMinnville, OR

Danielle Jackson • Jul 17, 2022

3 Tips for Finding New Homes for Sale in McMinnville, OR

new homes for sale in McMinnville OR, new land and homes for sale in McMinnville OR, new homes for sale in McMinnville OR, new homes under construction in McMinnville OR

Have you been thinking about finding a new home? Whether you're a first-time homebuyer or a seasoned homeowner, it's important to take your time and think about what you're doing.

Buying a home is a major investment, with most mortgages lasting anywhere between 10 and 30 years. This financial commitment is non-negotiable once all the papers are signed. Therefore, when shopping for new homes for sale in McMinnville OR, you should never settle for anything less than perfect.

We're here to guide you through the process. Keep reading for three essential tips when shopping for Oregon homes for sale.

1. Identify Your Budget

Before you start looking at the available new homes for sale in McMinnville OR, take a good look at your finances to determine how much money you can afford to spend. Start the process by getting preapproved for a mortgage through your bank. This will tell you how much money you can take out for a home loan based on your current credit score.

However, we also recommend doing your own calculations to identify your monthly budget. Buying a new home will cost you more than just your monthly mortgage payment. You also need to account for:

Your down payment
Realtor fees
Closing costs
Utilities
Services
HOA fees (if applicable)
Homeowner's insurance
Yearly maintenance and repairs

Once you've accounted for all these costs, you're ready to start your search for new land and homes for sale in McMinnville OR.

2. Establish a List of Priorities

Next, sit down with your family to identify the most important qualities, features, and characteristics you're looking for in a home. For example, if you want a brand new home, you should be looking at new homes under construction in McMinnville OR.

However, you also need to consider other factors that will affect you and your family. These include:

Location and the associated school districts
Square footage
Lot size
Number of rooms
Number of bathrooms
Kitchen size and features
Outdoor living spaces
And more

Write down your list of priorities so you and your family are on the same page about what's most important.

3. Hire an Experienced Realtor

Finally, work with a realtor to help you find the best new homes for sale in McMinnville OR. An experienced local realtor will have vital knowledge and expertise about the local area. This includes valuable negotiation skills to help you get the best deal possible on OR homes for sale.

Experienced realtors have a long list of contacts that are beneficial to your needs. For example, they probably know all the other local realtors who will have clients selling homes. They will also have the inside scoop on the best local contractors, banks, insurance companies, service providers, and more.

Are You Looking for New Homes for Sale in McMinnville OR?

There's a lot to think about while searching for a new home. Our homes dictate so much about our lives. Follow the tips listed above while shopping for new homes for sale in McMinnville OR for the best results.

And if you're ready to start your search for the right home, contact Danielle Jackson today to talk about your needs. She will work hand-in-hand with you to make sure you and your family find the perfect Oregon real estate for your needs.