First Time Homebuyers – Take Note!

First Time Buyers


Purchasing your first home is an exciting time!  It’s something we’ve all dreamed about doing at some point in our future.  If that time is now for you, make sure you’re considering important details to avoid surprises!


  • Get pre-approved through a reputable bank, credit union, or mortgage lender.  The market is hot and when you find the right home, you’ll want to know that you’re approved for (and can afford) the home and be able to present your pre-approval when offering on the property.
  • Your mortgage won’t be the only cost involved.  You’ll also be responsible for property insurance and taxes, utility bills, home repair/replacement costs, and in some cases, association dues and/or upkeep in the neighborhood.  Make sure your budget allows for these “extras” in addition to your monthly house payment.
  • Hire professionals.  From the pre-approval, to finding the right agent that will make sure you’re seeing all of the homes that may be right for you, as well as the inspection and appraisal (and beyond), buying a home and moving isn’t as simple as packing up your belongings and renting a van.  Surrounding yourself with the right people that are invested in your best interest will help ensure a smooth transaction from start to finish!
  • Don’t be too picky.  You should absolutely know what you want and need when buying a home however, if your must-have list is too long you may be looking for a very long time.  Make a list of wants vs. needs and keep in mind that you can make changes once you move in.
  • Look with your eyes more and your heart less.  Even if a home does not appear move-in ready at first glance, it may have hidden potential.  Imagine YOUR belongings in the home rather than the rugs, furniture, or decor that will be gone when the seller moves out.  Be aware of the layout and the bones of the home rather than the stuff that will be gone when the home is yours.
  • What about the future?  How long do you plan to live in your first home?  Will you start a family here?  Are there enough bedrooms?  Is it in a good school district?  Is it within a reasonable distance to work?  Do you have out of town guests that visit frequently and where will they stay?  There are many things to consider when purchasing a home and with the right vision you’ll find what is just right for you!