Buying Tips for First Time Buyers

Don't assume you can't afford to purchase a home Many consumers in their early to mid twenties often mistakenly assume that they will not be able to afford a house. Before you renew your lease check with your bank about home loans. Enlist the help of an agent Get prequalified for a loan Stay realistic when finding your new home  Most first time homeowners do not stay in the same home over five years. Only search for homes you can afford to purchase. Focus on the value, not the appreciation of a house Get a home inspection Avoid being overcharged This is another reason why it is important to have a real estate agent working for you. Your agent's experience within the industry will help you determine whether or not the price asked is reasonable within the true market value. Follow your instincts If you feel you have found the "right home" for the "right price" purchase it before someone else does. Pay attention to details Check the purchase offer for all the "little things" in the home that you might assume will still be there once the house is yours. Be patient Some closings take longer than others but in the end you will be satisfied with your new home.

 

Advice for Sellers

Price your house correctly If you price your home too high it will sit on the market as a comparison tool for those selling comparatively similar homes for a lower price. Choose the right agent Experience, professionalism, and dedication are key factors when choosing an agent. Choose someone you would trust finding your next home. Clean up the clutter When showing your home you want it to look as new as the day you bought it. Keep the lawn mowed and your closets tidy. Leave no surface unturned when cleaning for potential buyers. Make it easy for buyers to view your house By keeping a lock box outside of your home potential buyers assisted by an agent will be allowed to view your home more conveniently. Address minor home repairs before you show your house Although they may not seem relevent, many homeowners have lost thousands of dollars in closing prices because of leaking faucets, broken doorbells, and stained carpets.