Buying your first home can be confusing and even scary sometimes , but it doesn’t have to be. Those who know these expert tips will save money, time and sanity.
Buying one’s first home is at the top of the list of things that are extremely exciting but equally stressful. Prices are high, inventory is limited, and finding a great rep can be difficult.
However, buying the right house at the right price can also be fun, exciting and simple. However, for this to happen, it is necessary to learn how you can facilitate the process. Here are some tips that experts think you should know and share before you start your quest:
The sooner you start saving money, the better.
For many people, the hardest part of buying a home is saving up for a down payment. Typically, your down payment, including extras, should be at least 20 percent of the home price. The more money you have in the beginning, the lower your monthly payments will be.
Maintenance/repair may cost more than you think, adjust your budget accordingly.
Since you will no longer be a tenant, you will not be able to call the landlord if there is a problem in the house. You will have to fix these issues yourself or hire someone to do it. The costs of owning a home can increase faster than you think. However, being able to change and renovate your new home as you wish will be both an exciting and forward-looking investment. Besides regular maintenance, you never know when you’ll have to deal with emergencies like air conditioner breakdown, roof leaking or any broken glass.
Be careful when choosing your real estate agent.
The people you work with to assist you in buying a home and make the whole procedure easier make the world of difference in how well the whole process goes.
Today, there is no reason to settle for a mediocre customer experience, especially when making important purchases like real estate. A good representative should provide valuable support and guidance on the path to the right home. Rather than being the obstacle you have to overcome, you need an agent to help you overcome the obstacles.
We are here as GRAND Real Estate to help you find the home that best suits your needs and lifestyle, considering everything that matters to you. You can feel safe on your way with our expert team and you can make this important decision with pleasure.
Note that if you’re buying a home, you don’t have to pay your agent.
There is a common misconception among first-time home buyers that they will pay a real estate agent for their services. This is not true! It is the seller of the house who must pay the brokerage fees for both parties to the transaction. Working with a buyer’s agent is a free resource for you, so you may choose a brokerage firm that has quality specialist staff with extensive training.
You should also remember that you don’t have to tolerate a bad rep. Do you feel ignored, bullied or ridiculed by your real estate agent? It’s time to think about finding a new one.
Know what you want in a home before you start searching.
Do you want a duplex apartment in a luxury complex or do you prefer a single storey and detached place? Do you know what kind of neighborhood you want to live in? Does the distance to the city center matter to you? Do you prefer a large backyard or a large terrace? These are not details, they are really important…
By making yourself a pros/cons list, you can set your goals and reduce the time it takes to find your dream home. Clarify what you can’t bargain for, and be open-minded about the little things that don’t matter. This way, you can avoid looking at homes that don’t suit you and focus on those that do.
Do not hesitate to consult your real estate agent on any issue that is on your mind.
Don’t be afraid to bring up things that worry you. You can never be too careful when buying a house. Most homes have one or two little things that need fixing, but it’s your right to want to avoid bigger problems you’ll notice after you buy it.
Remember, your real estate agent is there to answer your questions. If you see anything strange, ask. In some cases, this can be used as a bargaining chip that can help you lower the overall price of the home or get the seller to fix the keys before handing over them.
Many people hesitate to ask the real estate agent too many questions or even want to see other homes. Don’t hesitate! That’s what they’re there for, and it’s up to you to use their services to your advantage. Any agent who has no patience and can’t dedicate their time and attention to your home buying journey is not an agent you would want to work with.
Do not hurry.
Finally, don’t be afraid to take the time to look for the right home. Finding a home that fits your lifestyle and specific needs can take months.
Tips for Choosing the Home That Best Fits Your Lifestyle
When you work with GRAND Real Estate, you will find that buying a real estate is not as scary as you initially thought. That’s why one of the best real estate hacks you can learn is to find the right broker to guide you on your journey. Give us a call and let us make this very special and unforgettable experience enjoyable and fulfilling for you!
