First-Time House Buyers
Congratulations on wanting to buy your first house! We know the housing market can be overwhelming to first-time buyers, so here are some basic tips to keep in mind.
- Find the right agent.
Choose an experienced, reputable agent who wants to help you through the homebuying process. At Streett Hopkins, we will do all we can to make sure you have an excellent first homebuying experience.
- Bring on the questions.
We don’t expect you to know it all, so that’s why we’re here to help. Whether you’re talking with your lender or your real estate agent, make sure you ask questions to get the best deal for your first house.
- Prepare financially.
Buying a house is one of the biggest purchases you’ll ever make. Review your household budget so you can start saving for a down payment. Here are some other ways to make home buying more affordable.
- Get ready to act quickly.
House buying can be a competitive process. Be prepared to make a fast decision, or someone else will buy the house you’ve been eyeing.
- Make an appealing offer.
How low can you go while still satisfying the seller? Our expertise will guide you to the right balance when making an offer.
- Consider the resale value.
The average first-time buyer only stays in that house for four years. We’ll help you think long-term, not just for buying but also for re-selling.
Feel free to contact us with any questions. We look forward to helping you buy your first house.
For more information, please reference Real Estate Checklists and Systems.
Edited from original material that was reprinted from REALTOR® magazine with permission of the NATIONAL ASSOCIATION OF REALTORS®. Copyright 2008. All rights reserved.