If you’re buying a home for the first time, there is quite a bit to learn about the entire process. It can have its challenges, but the reward of calling yourself a homeowner makes it all worth it in the end. Fortunately, Coldwell Banker – Dianne Speaker and Associates is available to help first-time homebuyers in Redlands, CA, and the surrounding area accomplish their real estate goals. As an experienced real estate agent, she offers clients the following advice to make the process smoother.
Top 5 Tips For Buying A Home
1. Get Pre-Approved
After verifying your credit score and mapping out a financial plan, you will want to get pre-approved for a loan to give you an idea of what you can afford. This is important to know before you begin house hunting, and it will make you more attractive to sellers. Also, do your research on what kind of programs you’re eligible for as a first-time homebuyer.
2. Hire A Real Estate Agent
Many people who have never dealt with real estate before are tempted to do it on their own in an effort to save a few dollars. The truth is you will likely spend more money and time not having the knowledge and expertise of a real estate agent on your side. In addition, buying a home is the biggest financial commitment you’ll ever make, and you don’t want to make a mistake you could end up regretting for a long time.
3. Make A List Of Wants & Needs
There are certain features of a home you will need due to your specific lifestyle, and others that would just be nice to have. It’s best to make a list to differentiate the two prior to house hunting. It’s not easy to find a home with everything you need and want, so using this list will help you narrow down the choices.
4. Don’t Skip The Home Inspection
The home inspection is another step first-time homebuyers try to squeeze by without doing. However, getting a thorough inspection done before signing on the dotted line is recommended. It will either give you peace of mind that nothing is wrong with the property or save you a money and headache if problems are found before you’ve taken on the responsibility.
5. Think About The Long-Term & Resale Potential
It’s a good idea to think about your investment in terms of how long you plan to be there and what your potential profit could be if you sell. Consider whether you plan to have children or are hoping to be relocated for your job. Buy a home with good resale value to avoid losing on your investment and possibly make a profit.
These tips are a great starting point for those looking into buying a home. For more valuable information about buying and selling real estate, contact Coldwell Banker – Dianne Speaker and Associates at (909) 553-1924. You can also visit her website to view current listings.