As a first time home buyer, it is essential in the real estate market that you work with someone who is experienced with first time buyers.
Usually, first time buyers will have more questions than people who have purchased real estate previously. Buying a home is not a simple process, especially when you are not familiar with it.
You may not know what price range of properties you can look at, what mortgage payments you can afford, or how the general home buying process works.
For a first time buyer, we frequently recommend meeting with a bank or mortgage specialist as soon as possible to determine what you can afford and what you are comfortable with paying each month. Being ‘pre-approved’, is a great first step to getting you into an affordable home .
An experienced agent can answer your questions and walk you through the entire process, from viewing potential homes, to making an offer, to setting up mortgage financing.
Working with an agent when purchasing your first home can keep you out of overwhelm by being available to help you every step of the way. Having a real estate agent that was willing to be available and answer my questions will make the process easier and calmer.
There are many reasons a person should buy a home, but the most common are:
- It is a great investment.
- You don’t have to worry about getting kicked out or having your monthly payments increased suddenly and permanently. You lock in your monthly payments for several years and your home generally becomes more valuable over that time.
- Don’t forget pride and comfort in owning your own home. You can customize it however you want and can do what you want inside your own home!