Monday, January 19, 2009

First Time Home-Buyer Tips





















1. Get your Finances on track! Check your credit and make sure that you have some money set aside for a downpayment* and closing costs.* *Ask me about a "gift"
2.
Do your homework and research first. Decide what it is that you want in a home. Write down what you must have in a home...Specific features,etc. That will help you and me get on the same page as to your needs and wants.
3. Talk to a lender before you start looking for a home. This helps to be able to make an offer on a property when you know it's the right one.
4. Decide when you could move. Do you have a lease, are you allowed to sublet, etc?
5. Be picky, but also remain realistic. You probably are not going to get EVERYTHING on your wish list. There is no perfect home.
6. Ask Questions. This is a very big purchase and you will only do it a few times in your life. That is why I am here to help!
7. Think Long-term. Location, schools, etc are very important considerations even if you do not have children. Re-sale is what you need to think about also while purchasing.
8. Don't let yourself be house poor. Buy for your needs...not beyond them. If you purchase a very expensive home, you may have no money for decoration or maintenance.
9. Breathe. This is a large purchase and can get overwhelming at times. I will be there to answer all of your questions and concerns along the way.
10. Use a Realtor. Most agents working with buyers are FREE! I would love to help you with the purchase of your first home. It is an emotional experience and I will be with you each step of the way.

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