Compass SF

Helpful Tips First-Time Home Buyers Must Know

by Haruko Hata DRE #01824502 09/29/2019

Buying your beginning home is one of the significant steps you will make in your life. It can be both exciting and daunting, which cause many first-time home buyers to grab the first home that falls within their budget quickly and others get themselves stuck in a mortgage that they will pay for a better part of the life. Real estate advertisement doesn't make it any easier. Well, you can relax now. Here are six helpful tips to alleviate the burden and mistakes involved in buying your first home.

1. First Things First, Be Prepared. As overwhelming as it seems, you must take a moment to get yourself ready before delving into the first-time home buying process. Take a moment and consider the type of home you want, the amount of money available for the purchase, and the amount of mortgage for which you qualify. You also should figure out how you want to go about the search. Do you need a real estate agent? Do not begin the home-buying process until you satisfy these conditions. 2. Carefully Scout for Your Dream Home. The process of searching for your dream home can be very challenging, which is why I advise first-time home buyers to explore thoroughly. Some home buyers, especially first-time home buyers, give up the search after the second tour. They resolve to rent or settling for just about any home on their list. To alleviate the frustration and stress that comes with the search, employ the service of a real estate agent. You could also search for listings online and ask for recommendations from friends and family. Do not do it yourself. 3. What Financing Options are Available in Your State? Although the program varies by state, every first-time home buyer has a couple of financing options to help them purchase their dream home. It is best to consult with your real estate agent for a suitable financing option. 4. Don’t be Scared to Negotiate the Offer. A common mistake seen among first-time home buyers is that they tend to compare the prices of houses at different locations. That is wrong! The locality of any home has a tremendous influence on its pricing. As a first-time home buyer, it is safest to ask your real estate agent for help. The agent is vastly knowledgeable in the field, as such, is in a better position to conclude the sale at a reasonable price. 5. A Home Inspection is Compulsory! Require a home inspection regardless of how flawless the home appears. Be sure to have a professional inspect every nook and cranny of the house before closing the deal. If you find faults that the seller willingly withheld during bargain the sale could fall through. You could also ask the seller to make repairs to seal the deal. 6. Close the Deal or Move on to the Next Home. There are two options available after inspection. You either close the deal or continue your search for your dream home. If the home inspection went well (that is you like what you saw), then it is time to close the deal. Congratulations on your first home!
About the Author
Author

Haruko Hata DRE #01824502

It’s not just about a house…it’s more about your life and dream….

My passion is to help my clients make their dreams come true and to make them happy. I love to see smiles on their faces, which makes me happy, too. That’s why I always strive to look at the positive potential of my clients’ dreams.

As a Buyer’s Agent: I make every effort to truly understand all of your needs and wants to purchase the right property at the right price for you. I provide you as much data & information as I can gather and honest advice & insight based on my experience, so you can best decide upon the path that will be most beneficial to you.

As a Seller’s Agent: I treat each listing as my own and use all of my resources to ensure that your home gets the price it deserves and that the sale is handled efficiently and expeditiously for you. My commitment is to eliminate your stress in the process of selling your property and to make your transition smooth and delightful.

With my personality, creativity, and professional knowledge, I’m readily available to help you and to answer all your questions. Call me today and let’s start working on your dream together!