Things Every First-Time Home Buyer Should Know

Here are the top 5 things every first-time home buyer should know. Pre-qualify for a home loan, have your own buyer’s real estate agent, save for a down payment, get a home inspection and ask for a home warranty, and look at several homes before maki

10 Tips Every New Home Buyer Should Know The biggest investment many of us will make is buying a house, and mistakes can be costly. To help weed through the home-buying jungle, we’ve gathered the knowledge and strategies every home buyer should know before beginning the hunt.

Everyone knows that buying a home is more expensive than renting an apartment, but many first-time homebuyers don’t consider how much their monthly payments will actually increase. While apartments only require you to pay a monthly rent check and utility bills, homeowners are responsible for mortgage payments, utilities, and also the cost of general upkeep, which is traditionally covered by a landlord.

Every first time home buyer should know how much he or she can afford, his or her pre-qualification status and what documents are needed for the mortgage application.

Buying your first home can be a very intimidating life event. However, there are things you can do to make it less nerve racking and more of what it should be.fun and exciting. The best way to eliminate fear is through education, so obviously the first step is already being taken if you’re reading this.

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First-time homebuyers often have to compromise on things they want because their funds are limited. You may have to live on a busy street, accept outdated dcor, make some repairs to the home, or.

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