Buying Your First Home?

If you’re looking to purchase your first home, you may be overwhelmed by the amount of information out there! You’ve probably heard the popular phrase, “Location, location, location!” However, there’s a lot more to it than that! Here are some common questions to consider:

How much can you comfortably afford?

An official pre-approval is the best way to determine the right price and expenses for you.

How much cash do you need to close?

Moving those funds into one account will help to prevent stress and ease the process later.

What kind of property do you really want?

Single or multi-family, condo, co-op? And what style? Narrowing your search will save time and prepare you to act when the perfect home hits the market.

Where you want to be and for how long?

Strike a balance between buying what you can easily afford and buying what will accommodate any growing family’s needs for longer than just the first few years. Planning is essential when trading up later may mean a more expensive home and a higher mortgage rate.

How does the process work?

This is a time when the internet doesn't have all the answers. The process varies for many reasons, including area and customs. Generally, purchases include: Offer, Acceptance, Inspections, Con-tract, Loan Application, Appraisal, Title, Loan Approval, Closing/Funding, and Moving In. Many little steps can fall in between, and the process won't always occur in a given order. It pays to speak with local experts early.

Reach out when you're ready, and we'll help you understand the nuances of your market today.

Are you a realtor? Download this information in a free PDF flyer for your buyers here!