Helpful Tips for First-Time Home Buyers

by Tracey LaFleur 07/14/2019

Buying your beginning home is one of the significant steps you will make in your life. It can be both exciting and daunting, which cause many first-time home buyers to grab the first home that falls within their budget quickly and others get themselves stuck in a mortgage that they will pay for a better part of the life. Real estate advertisement doesn't make it any easier. Well, you can relax now. Here are six helpful tips to alleviate the burden and mistakes involved in buying your first home.

1. First Things First, Be Prepared. As overwhelming as it seems, you must take a moment to get yourself ready before delving into the first-time home buying process. Take a moment and consider the type of home you want, the amount of money available for the purchase, and the amount of mortgage for which you qualify. You also should figure out how you want to go about the search. Do you need a real estate agent? Do not begin the home-buying process until you satisfy these conditions. 2. Carefully Scout for Your Dream Home. The process of searching for your dream home can be very challenging, which is why I advise first-time home buyers to explore thoroughly. Some home buyers, especially first-time home buyers, give up the search after the second tour. They resolve to rent or settling for just about any home on their list. To alleviate the frustration and stress that comes with the search, employ the service of a real estate agent. You could also search for listings online and ask for recommendations from friends and family. Do not do it yourself. 3. What Financing Options are Available in Your State? Although the program varies by state, every first-time home buyer has a couple of financing options to help them purchase their dream home. It is best to consult with your real estate agent for a suitable financing option. 4. Don’t be Scared to Negotiate the Offer. A common mistake seen among first-time home buyers is that they tend to compare the prices of houses at different locations. That is wrong! The locality of any home has a tremendous influence on its pricing. As a first-time home buyer, it is safest to ask your real estate agent for help. The agent is vastly knowledgeable in the field, as such, is in a better position to conclude the sale at a reasonable price. 5. A Home Inspection is Compulsory! Require a home inspection regardless of how flawless the home appears. Be sure to have a professional inspect every nook and cranny of the house before closing the deal. If you find faults that the seller willingly withheld during bargain the sale could fall through. You could also ask the seller to make repairs to seal the deal. 6. Close the Deal or Move on to the Next Home. There are two options available after inspection. You either close the deal or continue your search for your dream home. If the home inspection went well (that is you like what you saw), then it is time to close the deal. Congratulations on your first home!

About the Author
Author

Tracey LaFleur

Whether you are a first time homebuyer, moving up to your next home, or an experienced investor, I have the expertise and resources to help you buy or sell your next home!

 

With over 14 years of experience as a Realtor, I am a Licensed Associate Broker, and a Certified Buyer Representative. I have the Graduate Real Estate Institute Certification, e-PRO Certification, and Instructor Training Institute Certification. What that means to you is that I have the know-how and skills needed to assist you! I specialize in residential properties, but I have the knowledge and experience to assist you with all your real estate needs. 

 

From our initial consultation, through the contract negotiations, and on to the closing, I will guide you every step of the way - making the entire process as smooth, enjoyable, and stress free as possible.

 

Enthusiasm, knowledge, and personal concern for my clients interest are what make me an outstanding resource for you in your real estate transaction. I will provide honesty, integrity, and professionalism to the process. I work diligently to help my buyers and sellers meet their real estate goals.

 

My affiliation with Howard Hanna, the 3rd largest real estate company in the United States, will provide all of the additional resources and support needed for a successful transaction.

 

When you are ready to discuss your real estate needs and goals, I am here to help. Customer service of my client is my number one priority! ...I am ready to assist!

 

Enjoy Life!