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A Guide for a First Time Home Buyer

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A Guide for a First Time Home Buyer

You’re shopping the listings, crunching the numbers and planning the next family holiday at your house! That’s right, you’re going to be a first time home buyer!

While a seemingly intimidating task, buying a home for the first time is an exciting process and with the right help a smooth one. Here are four steps to set you up for home buying success.

  1. Understand your Financial Situation – Setting a realistic budget will help you narrow down what homes you should be looking at. Look at what you’re spending budget is now and crunch the numbers for your mortgage payments. Don’t forget about the down payment and closing costs either!
  2. Get Preapproved for a Mortgage - Being preapproved for a mortgage will really tell you what amount you can afford to spend on a home. Being preapproved means a mortgage lender has checked your credit and verified your income and assets. This can even put you above if a seller is looking for a quick and easy sell.
  3. Find the Right Realtor - Look for someone who has your best interest at heart and is willing to get you a good deal on your new home. Finding someone with the right experience can really make the difference in your home buying process. Find a realtor today when you click here.
  4. Get the Home Inspection – Congratulations! You’ve found the home for you! Now make sure it’s good to go. Splurging for the home inspection can help provide leverage on what repairs are necessary for the current homeowner to make and give you peace of mind.

While there are many steps to the home buying process with the right team and plan set in place buying your first home can be a very exciting time! Let one of our Realtors help you find the perfect place to call home.