5 Things Every First Time Home Buyer Should Know

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One of the most significant days in any person’s life is the moment that they decide that they want to become a homeowner. Not only does being a homeowner symbolize independence and financial stability, but it gives you the chance to create memories in a space that you can call your very own.

If you’re currently preparing to buy your very first house, congrats! However, before you start looking and making offers, take out a moment to read about certain things that all people should know when they’re preparing to get a home. That way, the process can be smooth and relatively easy – just like buying a house should be.

Use a real estate agent. Although you could certainly spend your weekends driving through neighborhoods or looking at real estate ads online, it can save you a lot of time and money to use a reputable real estate agent. Being that they are professionals who know the markets that they work in, they will be able to help you find the perfect house in a really great neighborhood at a price that you can afford.

Get pre-approved. One mistake that a lot of first-time homeowners make is looking for a house before knowing how much they can actually afford to pay. The way you can find this out is by getting pre-approved for a loan. Do keep in mind that before even taking this step, you should first check your credit score and do your best to raise it if it’s low. For tips on how to raise your credit score quickly, visit Forbes or Bank rate and put “raise your credit score fast” in the search field. For tips on how to get pre-approved for a home loan, visit Zillow and put “how to get pre-approved for a house loan” in the search field.

Make the location a top priority. As you’re in the process of looking at houses, make it a priority to focus on where it is located. There are several reasons why location is so important. For one thing, you need to be aware of what the property value is (and has the potential to become) in various neighborhoods. Secondly, you need to think about what your commute will be like to and from work. And lastly, you need to choose a house that is located in an area where you will feel safe and is also close to the places that you tend to frequent.

Hire your own house inspector. Say that you happen to live in the Hilton Head, South Carolina area and you’re thinking about hiring Bill True Hilton Head Real Estate to assist you in buying a home. As they’re talking to you about the home-buying process, one thing that they will probably recommend is that you hire your own house inspector to look at the home that you’re seriously considering making an offer on. That way, you can be confident about the condition of the house and the work that may need to be done to it.

Inquire about plans for the neighborhood. Another thing that some first-time home buyers overlook is inquiring about the future plans for the neighborhood. Will more houses be added? Are there going to be some commercial real estate developments? Are the streets going to be widened in order to invite more traffic? By speaking with your real estate agent, you should be able to get some insight into these types of questions, which will keep you from any unpleasant surprises down the road. For tips on how to find a reputable real estate agent in your area, visit Realtor.

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James is a financial expert who has contributed several business and finance related articles. His expertise and first-hand knowledge of economics makes his blogs and articles informative and helpful for those looking out for guidance and assistance in matters related to finance. He has an active schedule of TV and radio interviews He is co-host of the popular VT Radio show Jim and Gordie Show. latest-articles-buttonJim comes from an old military family dating back to the American Revolution. Dozens of Confederate ancestors fought for the South in the War Between the States. Uncles fought in WWII and Korea. His father was a WWII P-40 and later P-51 Mustang fighter pilot. Vietnam found several uncles serving, a cousin, and brother Wendell as a young Ranger officer. His mother was a WWII widow at 16, her first husband killed with all 580 aboard when the SS Paul Hamilton, an ammunition ship with 7000 tons of explosives aboard, was torpedoed off the coast of Algiers. He has been writing, speaking and doing public relations, television, consulting and now multimedia work for a variety of American heritage, historical, military, veterans and Intel platforms. Jim’s only film appearance was in the PBS Looking for Lincoln documentary with Prof. Henry Lewis Gates, and he has guest lectured at the Army Command and General Staff School at Fort Gordon. Currently he is working to take his extensive historical video archives on line to assist his affiliated organizations with their website multimedia efforts, such as the Military Order of World Wars, Atlanta, Sons of the American Revolution, Sons of Confederate Veterans , Assoc. for Intelligence Officers, the Navy League, Georgia Heritage Council, National Memorial Assoc.of Georgia.

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