Michael, one of our sales specialists, joins me to go over our top three tips for first-time home buyers.
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Today I’m here with Michael, one of our sales specialists. Michael has helped many first-time home buyers, so he’s here to offer a few key tips for those of you who are just starting to look for homes.
1. Meet with a lender to get your pre-approval. Before you do anything else, make sure you talk to your lender so you know what price range you should look in. That way, you won’t waste time looking at homes that you can’t afford. We don’t want you to miss out on anything. We want to know your price range so that you don’t miss out on your dream home. There is not a lot of inventory out there right now, so you can focus on your price point sooner.
2. Find an agent who is willing to work tirelessly for you. Your agent should also be able to leverage their relationships with vendors and other agents, especially since inventory is so low. We strive every day to do both of those things for our clients.
Talk to a lender before you do anything else.
3. Identify what you want in your first home and establish what your long-term goals are. As a first-time home buyer, establishing these two things will allow you to be a little less picky with your home purchase. Statistically speaking, first-time home buyers will buy again within five to seven years. You might not need everything you think you need in your first home. Figuring out what you actually do need will put you in the right mindset to make your purchase.
If you have any other questions about the buying process or the real estate market in general, give us a call or send us an email. We would be happy to help you!
