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10 Tips for First-Time Home Buyers

March 3, 2016Home Buying Tipscoreyconnection

Buying a home can be a big change and stressor in your life. So when you decide to buy be sure to go in prepared with these tips:

  1. Consider monthly costs. Be sure to not only budget in down payment and closing costs but also factor in monthly utilities, taxes, mortgage and fix-up costs.
  2. Before even looking at houses get an idea of what style of home you want and the type of community you want to be in.
  3. Properties that are up-to-date and in good shape don’t last on the market for long.
  4. Don’t judge a book by its cover. The same goes for homes. Don’t give up on one just because the outside isn’t quite what you expected.
  5. If you choose to live in a city, you often have to sacrifice space.
  6. It’s important to have a wish list when looking at houses, but know that no home will be perfect.
  7. The real estate market never sleeps. If you find a house you love that meets your qualifications you need to move quickly or you may lose it.
  8. You have to look past the junk to see a home’s true potential. Especially if it’s a fixer upper. But, be sure to think of how much it will cost you down the road to fix up.
  9. The first time you go through a house, feelings can take over. Be sure to take a second visit and do more of an inspection that allows you to really see clearly before making an offer.
  10. Be sure to get an inspection before buying a home. A lot of issues can be hidden and a licensed inspector will be able to spot any big issues you need to think about before finalizing an offer.
Tags: buying, first-time home buyer, home buyer
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