The Process of Buying a Home in Shaker Heights, OH

Busy? Have us call you back. Call Me Back

More Information

Get Familiar with the Lay of the Land in Shaker Heights, OH

Ready to lay down some roots and buy a house in Shaker Heights? Awesome! You picked a lively city with an ideal amount of businesses, schools, restaurants and parks, and we're here to help the home purchase process go a little smoother. We serve 3.8 million customers from coast to coast and know the Shaker Heights housing market well.

Given all of Ohio's growth, Shaker Heights homes aren't always easy to find at a comfortable price. Sustained economic growth and cultural expansion have helped to entice retirees, new businesses, and young families to the Shaker Heights area, but so much change also means a strain on housing options, school capacities, and city roads. That said, Shaker Heights and its neighboring areas still offer a wide range of home types and prices. You can find single-family homes, condos, townhomes, and (ideally) your dream home! When looking to buy a house in Shaker Heights, double check that you're factoring in the home's distance from your daily activities. If possible, drive the route you'd take from the house to your school, office, and favorite hangout spot. Your home's location will influence almost every aspect of your life. Discovering different parts of Shaker Heights will help you see how the northern part differs from the southern part, where to find Shaker Heights's most popular attractions, and what the neighborhoods are like.

Are your finances in the right place to buy a home in Shaker Heights? If you're not sure how to answer that question, contact a Mr. Cooper Mortgage Professional. We think the dream of homeownership should never fade and work to make every stage of the journey more enjoyable and less worrisome. You don't even have to stick with your decision to buy a house in Shaker Heights. We support first-time homeowners and experienced homeowners alike. Read through the following steps to help you see if you're in a good financial position to buy a house in Shaker Heights.

Before anything else, estimate how much house you can afford. This will help you set a price range while house shopping in Shaker Heights. Then, map out your potential monthly payments (including home repairs, insurance, homeowners association fees, property taxes, etc.). You don't need an exact amount for these expenses. Searching the web for Shaker Heights averages will usually give you a solid estimate, though everyone's situation is different. Keep in mind that your monthly mortgage payment could make up the bulk of your monthly home expenses.

Now, consider how much you can contribute to a down payment. Putting at least 20% down will improve your chances of getting a favorable rate and will allow you to avoid private mortgage insurance (PMI). Even so, the required down payment will depend on the type of loan you get. Here's where it can help to get prequalified for a mortgage. Getting prequalified will give you an idea of how much you might qualify to borrow. Also, take a good look at your credit. Credit history is an important part of your mortgage application. The better your credit is, the more mortgage options you may be presented with— and more options are always good!

Make Your Move: Buy a Home in Shaker Heights, OH

Moving remains one of the biggest stressors, despite being a practically universal experience. But when you get to live in a stellar city like Shaker Heights, moving doesn't seem so challenging. Contact Mr. Cooper as you get ready to buy a house in Shaker Heights. We're here for you every step of the way and Mr. Cooper® Real Estate Rewards can even connect you with a top-performing real estate agent who can potentially save you thousands.*

Mr. Cooper Customer Reviews for Shaker Heights, OH

Take it from these Mr. Cooper home buyers and sellers in Shaker Heights, OH: We love helping homeowners. Call now to see how we can serve you.

Buying or selling a house in Shaker Heights? Mr. Cooper makes it easier.

Put Mr. Cooper in your corner for a better home buying or selling experience.