Buying Your First Home: Where to Begin
Buying your first home feels simultaneously exciting and overwhelming. Planning ahead and using the help of experienced professionals takes much of the stress out of the home buying process. To help you get ready to become a homeowner, we’ve gathered three tried-and-true tips for first-time homebuyers.
1. Assemble Your A-Team
You don’t have to go through this process alone! Bringing the right people alongside you can help you move smoothly forward and find the perfect property. It all starts with your realtor. It’s worth the time it takes to interview a few realtors. Search for a realtor that understands your needs and makes you feel comfortable. That person will make every step of your home buying process easier.
Once you have found a home that you would like to purchase with the help of a real estate agent, find a qualified home inspector to perform an inspection of the property and provide a comprehensive inspection report. The full condition of the home should be completely understood by you, the homebuyer, before signing the dotted line.
2. Figure Out Your Finances
Buying your first home will require you to have your financial ducks in a row before you begin viewing houses. Avoid the heartbreak of falling in love with a house only to find you can’t get the financing you need for it. Once you find a mortgage lender you like, work with them to get pre-approved.
Knowing how much house you can afford will help you focus on realistic goals during your house hunting. Once you have your financing in place and your budget set, the real fun of buying your first home can begin!
3. Decide On Your Preferred Neighborhoods
Where do you want to live? If you don’t already have a few areas in mind, start shopping for neighborhoods before you start shopping for a house. When you find some neighborhoods you like, spend some time driving around them. Visit the area at night, early in the morning, and in the afternoon. Do you like the noise level at these different times of day? Is the neighborhood comfortable to you? Does it offer you what you want, whether parks, nightlife, proximity to shopping and restaurants, great schools, or peace and quiet?
You’re buying your first home which you will likely be living in for many years. Knowing that you feel at home in the neighborhood helps ease those last-minute jitters as you approach closing on your home.
These tips from AZ325 Real Estate Inspection can help make buying your first home a fun and exciting experience instead of a daunting and stressful one. If you are looking for a qualified home inspector in Southern Arizona, contact Jeff Smith of AZ325 Real Estate Inspection or request your inspection online.