When purcashing your first home it should be a joyful, exciting experience. Here are some tools to help ease yourself into this amazing new chapter of your life!
Get pre-approved for a loan!
It is important to work with your Realtor and get setup with a knowledgable lender that can help get you pre-approved for a loan. Get this done before you start looking at homes, this helps you stay within the budget of what you can actually afford.
Cost of Living and Buying a home
There are additional costs that come along with purchasing a home, like HOA dues, or maintenance expenses that can get overlooked. Make sure to create a budget before purchasing a home so you can prepare all costs that come with living in your new home.
Fixer-uppers don't fix themselves
First time home buyers often get drawn to fixer upper homes. Remember Do-IT-Yourself projects look simple to do online, but they are actually very time consuming. It also takes alot of money to fix a home. Key point here: Make sure you have the additional funds to fix up your house, its no fun living in a construction zone.
Using the Internet is important but is not the only part of purchasing a home
It is very important to use the internet when finding your home, but you cannot forget that it is important to build a relationship with your realtor. He or she is the person that can help negotiate a better price, and guide you in the right direction so the whole process can feel as smooth as possible.
The quality of the home you are purchasing
Just because the home you are purchasing looks good on the outside, doesn't mean thats really the case. It is important to have a home inspection done on the property to ease any worries, and make sure that everything is safe and sound within the home.