Monday, January 30, 2023 / by Rosie Carroll
Tips for first time home buyers
First-time home buyers may find the process overwhelming, here are some tips to help:
- Get pre-approved for a mortgage: Helps determine your budget and sets expectations for your home search.
- Determine your needs and wants: Make a list of must-haves and nice-to-haves for your new home.
- Do your research: Look for information about the areas you are interested in, safety, schools, local amenities and real estate market conditions.
- Hire a real estate agent: An agent can provide valuable guidance and help you navigate the buying process.
- Be flexible: Be open to making compromises and considering homes that may not be an exact match but are still suitable.
- Consider future needs: Look for homes that can accommodate potential changes in your life such as a growing family or work changes.
- Have a contingency plan: Prepare for unexpected expenses and be prepared to walk away if a deal doesn't meet your requirements.
- Get a home inspection: To ensure the home is in good condition and identify any potential problems.
