Martinsburg, West Virginia
501 S Raleigh St.
Martinsburg, WV 25401
(304) 267-7188

3 Questions Everyone Should Ask Before They Buy a House for the First Time November 21, 2017

Martinsburg, Berkeley
3 Questions Everyone Should Ask Before They Buy a House for the First Time , Martinsburg, West Virginia

Becoming a homeowner for the first time is an accomplishment you should be proud of. However, it’s important not to let your excitement keep you from properly preparing to buy a house. Part of the planning process should include putting together a list of questions to ask that will help you understand what to expect and make it as easy as possible to close the deal smoothly. Below are a few inquiries every first-time buyer should ask before investing.

What to Consider When It’s Time to Buy a House

1. What Can I Afford?

Before you start hunting and attending open houses, you must determine what you can afford. This requires figuring out a realistic budget based on your income, savings, expenses, and debt obligations. Once you’ve done this, determine how much you have to spend on a monthly mortgage payment and what price range to search.

2. What Is the Difference Between Getting Pre-Qualified & Preapproved?

buy a houseIt’s also essential to learn the difference between being pre-qualified for a mortgage loan and getting pre-approved. The former means a lender has done a quick check of your financial situation to give you an idea of how much you qualify for. The latter involves a more in-depth analysis to tell you a specific amount you have to spend and where your interest rate is likely to fall. Having a preapproval letter makes you more credible to sellers.

3. What Should I Look for in a Real Estate Agent?

When you are ready to buy a house, one of the most important steps will be hiring a real estate agent to assist you. They will guide you through each stage, step-by-step, and be there to schedule your viewings, negotiate offers, and deal with paperwork. However, since not all professionals offer the same level of service, look for someone who has plenty of industry experience, extensive knowledge of the local market, and a good reputation in the community.


The more informed you are when it comes time to buy a house, the better prepared you will be to go through the process. The team at East Coast Realty has helped numerous clients in the Martinsburg, WV, community successfully achieve their goals. Schedule an appointment by calling (304) 267-7188, or visit their website for more valuable tips and advice. 

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