Buying a home for the first time can seem like a daunting task. Although it is a big life change, it doesn’t have to be a stressful one. Keep on reading to see how first time homebuyers can make their experience a little easier with the help of a Realtor and a few good pieces of advice.
- Contact a trusted Agent.
Before you begin searching for your first home, you’ll want to have a trusted real estate agent on your side to answer any of your questions and guide you through the process. Approximately 32% of homebuyers are purchasing a home for the very first time, so you’re not alone in needing some assistance traversing the world of realty. You’re new at this whole “home buying” thing, but a seasoned real estate agent has the expertise and know-how to find your perfect home.Realtors have access to a lot of information and resources that might be tough to find with a quick internet search; in fact, a full 78% of recent buyers said their real estate agent was an incredibly useful information source. They can offer the human touch that a website lacks by listening to your needs and finding a home that fits them.
- Save for the down payment.
Most homeowners rely on a mortgage to pay for their home; it is both uncommon and unrealistic to buy a home outright in cash. You’ll need to have money saved for a down payment before you begin looking.Many first time homebuyers are undereducated about mortgage loans and payment plans, but your Realtor can help you sort out the details and teach you a thing or two about mortgage lending. A good agent will help you find home loans, negotiate prices, and even complete the confusing paperwork. In addition, they will help you spend within your means by finding a home that fits your lifestyle and budget.
- Don’t settle for the first home you see.
Looking for your first home is an exciting experience, but don’t get caught up in the rush by settling for the first house you see. Homebuyers, on average, search for 10 weeks and look at about 10 homes in total. You want to tour a plethora of homes to get a feel for what you can afford and what works best for you.We understand that you want to get moved in and begin the next chapter of your life, but hold tight! It is important to wait a few weeks and see what homes come up on the market during your search. The real estate market is always changing.
So, are you ready to begin looking for your new abode? Contact us today for stress free home buying with a personal touch.