Helping first time buyers?

by DShrine35 , in category: Products and Services , 4 years ago

I am curious if anyone uses any particular practices or tools to help people who are shopping for a home for the first time.

I know when my wife and I bought our first home, it was overwhelming. We felt rushed and we got in over our heads. After becoming an agent myself, I learned better from it and when we did buy our second home, it was a much easier process because I knew what was going on, what questions to ask about the home, how to make an offer or a counter offer, and where everything falls when the papers are signed.

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5 answers

by colby.johnson , 4 years ago

Buying a house, an apartment, or a condo can feel like a daunting task, especially for first-time home buyers. A skilled real estate agent can play a major role in guiding these fledgling property owners through the maze that is a real estate transaction.

by marilou_cruickshank , 4 years ago

With real estate trends like those, you might be tempted to make an impulsive purchase that could hurt your financial goals and keep you paying a mortgage well into retirement.

First-Time Home Buyer Tips

Pay Off All Debt and Build an Emergency Fund

Determine How Much House You Can Afford

Save a Down Payment

Save for Closing Costs

Get Preapproved for a Loan

Find a Home for Sale in Your Price Range

Research Neighborhoods for Best Fit

Attend Open Houses and Think Long Term

Make a Competitive Offer (That’s Within Your Budget!)

Prepare for Closing

by russ_rempel , 4 years ago

I worked with a young couple just a few years ago buying their first home. They were expecting twins so they were in a rush to buy and get settled in. We looked at several different homes over the course of 3 months. They finally decided on a home right before the wife was due and I spoke to them earlier this year and they had a lot of regrets.


by raquel , 4 years ago

I always try my best to focus on the needs of the buys and think ahead of what their plans are. In the moment, it is easy to overlook or forget something. Many first time home buyers end up buying a home that has too few rooms.

by makenzie.cormier , 4 years ago

I don't have anything I would do differently for first time home buyers vs those who have already owned homes. I will give advice based on what I have seen in the market and by other people's experiences though. Both of which can be very helpful.