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Top Tips For First-Time Home Buyers

The first thing you’ll need to determine is what your long-term goals are and then how home ownership fits in with those plans.

1. HIRE AN AGENT

An agent can send you listings directly from MLS that fit your parameters, and you won’t waste time looking at active short contingent listings that are under contract.

2. FIND A HOME TO BUY

Buying a home can be an overwhelming process and emotionally draining. Finding the right home is not always an easy task.

3. GET A LOAN

It’s not always necessary to have a mortgage broker or bank in your back pocket before buying a home, but it’s smarter to get loan pre-approval in advance.

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4. NEGOTIATE THE OFFER

An agent can provide comparable sales and examine the pending sales. Comparable sales are similar type homes In the same condition and location that have sold within the past 3 months.

5. DO A HOME INSPECTION

A home inspection Is for the buyer’s edification. However, sometimes when a buyer gives a Request for Repair to the seller, rather than blow the deal, the seller will often agree to make a repair.

Image Source:  Joseph Dalton Realty

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