Common Mistakes of First Time Home Buyers
Buying a home is intense and emotional. Unfortunately, during the process, many first time homebuyers can forget the most important parts. If you’re thinking of buying, I encourage you to really consider these ideas I put together and do your best not to neglect them. This will ensure a more seamless and less stressful process for you, and everyone else involved in helping you love your home. Roger that? All right, here we go:
1.
There are many programs and grants for first
time homebuyers and many people forget to take advantage of these. Don’t let
yourself be one of them.
2.
It’s like going to the movies, or to a
concert…YOU BUY THE TICKET FIRST, not after. So do yourself a favor, and get pre-approved
home loan.
3.
Don’t forget about the hidden costs of buying a
home. Your REALTOR better get you a cost estimate before you purchase, and
don’t be afraid to ask for one!
4.
Whatever you do, DO NOT, and I repeat, DO NOT
skip the home inspection. Don’t be silly. Avoid the potential nightmares you
could experience without one. Just trust me on this.
5.
Don’t be blind when it comes to real estate
advice! Make sure you’re the one who wants to buy the house, NOT EVERYONE ELSE.
6.
Don’t forget to consider resale value. This kind
of speaks for itself. It’s just a good call in case you have (or decide) to
move one day.
7.
Take the time to understand market trends. What
kind of market are you in right now? BID ACCORDINGLY. Your real estate agent
better be able to help you come to a better understanding on how this works.
8.
Don’t forget to budget for your monthly mortgage
payment. You’re the one who’s in charge of paying for maintenance and repairs
now, too. Make sure you’re financially ready.
9.
Last, but certainly not least, wait till after
you pay for a house to FALL IN LOVE with it otherwise you could end up spending
more than you bargained for.
As always, I’m here for you first timers, if you need
anything. The NC Triangle is a pretty great place to live and I look forward to
helping you love your home here. Cheers.
Sending big hugs and good vibes!
-Kimberly Kennedy
850-598-9657
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