Buying your first house is a thrilling experience that is sometimes overshadowed by the bumps and glitches that pop up along the way. Between contracts, new lingo, agents, appraisals, home inspections and everything in between, there is a ton of information to keep track of when you buy a house. The process, although overwhelming, can remain enjoyable with a few simple tips on your side. The experienced realtors at Herron Realty in Old Forge, NY share their top three tips for home buyers.

Ready To Buy A House? Leading Real Estate Expert’s Advice to Home buyers

Know What You Want

It’s exciting to walk through a beautiful home and imagine your new life there. But does that home have everything you need? Is it big enough? Does it have the bathroom of your dreams? Is it in the right location? These are just a few things you want to consider before your first appointment. Create a checklist of features that you a) must have and b) would like to have. Take this checklist with you to every home you visit. With this list in hand, can avoid buying a house based solely on emotion, and not on your true wants and needs.

Think Resale Value

Even though your intentions may be to set roots and remain in your home happily ever after, sometimes that is just not the case. You may need to resell your home in the future, and want to ensure that the house has good resale potential. Is it in the right location? Is it on a busy street?  these are all things that a future buyer will take note of when deciding to purchase a new home. 

Budget For All Expenses

There are so many expenses associated with buying a house that you need to account for them all before you sign on the dotted line. Attorneys fees, mortgage points, and appraisal fees are just a few items you will need to pay at closing. But what about all of those after closing expense? In addition to just mortgage and insurance, you will need to pay real estate taxes, homeowners insurance, and utilities for your new home. Don’t forget to budget for other items such as moving costs, new furniture, and upgrades you intend to make.

A little upfront planning goes a long way towards an enjoyable experience when buying your first home. If you are looking for a team of trusted realtors to help you buy a house, look no further than Herron Realty. Their caring agents are familiar with the local real estate market and have the knowledge to walk you through each step of the home buying process. Call them at (315) 369-6910. You can also view local listings on their website.