A Guide for First-Time Home Buyers

      Buying a house as a first time buyer is definitely a daunting task for most people, so here are some tips and tricks to help you feel more at ease walking into this process! 

5 TIPS FOR FIRST TIME HOME BUYERS:

1. Credit Score

It is important to know your credit score in the beginning of your home buying process. Having a good credit score allows you to get approved for the best suited loan for you. If you don’t have the best credit score, it will be harder to qualify for a loan, leading to the home buying process being a little more difficult. I encourage everyone to take a look at their report to see if there is anything that they can do to fix their credit score before applying for a loan.

2. Pre-Approval

Another crucial part to the home buying process is to get pre-approved for a loan. Make sure you bring your w2’s, paychecks, bank statements, proof of down payment and tax returns in order to prove that you can afford it.

3. Know your budget and home features

It is always a smart idea to know the specifics of what you are looking for in a home before you go on the search. This allows you to get a gauge of the things that you need in a house, and things that you can do without. You need to know how much you are willing to spend beforehand, so you don't risk making a decision that you may regret down the road. 

4. Hire a Real Estate Agent

This is where we come in! It is key to have a partner in this home buying process, as it is new territory for most people. Having someone that knows the ins and outs of the business takes a lot of stress off of the home buyer’s chest. We will help you with everything and get all of your questions answered so you know exactly what is going on at all times.

5. Evaluate your current market 

This is another aspect of this whole process that we will help with a lot. It is important to predict what other buyers are going to pay so that your offers are smart but competitive. Luckily, we are experts in this process and will help you along the way to ensure that you get your home for the best price!