Southridge, Texas
2434 Lillian Miller Pkwy
Denton, TX 76205
(940) 321-5111

Top 3 Tips for Buying Your First Home May 10, 2018

Southridge, Denton
Top 3 Tips for Buying Your First Home, Denton, Texas

Buying your first home is an adventure, but it’s also a huge investment and a complex process that many people find intimidating. With fast-moving real estate markets across the country, many first-time homebuyers aren’t even sure where to begin. The following tips can help you find the home you’ve always dreamed of while avoiding common pitfalls that often catch buyers by surprise.

3 Real Estate Tips for First-Time Homebuyers

1. Clean Up Your Credit

Your credit rating will have a significant impact on your mortgage rate and fees, so taking steps to boost your score can save thousands of dollars in the long run. Several months before you start shopping, get a free copy of your credit report and report any mistakes immediately. Paying off your credit cards and other debts can improve your debt-to-income ratio, which has a major impact on your credit rating.

real estate2. List Your Wants & Needs

When looking at properties, it’s easy to get caught up in the moment and make a spontaneous offer on a house that doesn’t fit your needs. Before looking at your first house, figure out what features you’d like, and what qualities you absolutely must have. Eliminating properties that don’t meet your basic requirements will save time and narrow down your options.

3. Hire a Real Estate Agent

An experienced Realtor® will guide you through the market, find properties you’ll like, and help you decide how much to offer. The best agents will get in touch as soon as a potential property hits the market, giving you an edge over other house hunters. The best part is that their fees are paid by the seller, making these services essentially free to you.

Whether you’re shopping for your first home or buying an investment property, Big Journey Homes - Lauri Bauman has the experience and detailed market knowledge you need. For 18 years, she’s been helping buyers throughout Denton, Lake Dallas, Frisco, Flower Mound, Argyle, McKinney, and Corinth, TX. Visit her website now to start browsing homes for sale, and call (940) 321-5111 or text (214) 566-1088 to get in touch. For more real estate tips and updates, follow her on Facebook today.

Other Announcements, Events and Deals from Big Journey Homes - Lauri Bauman
What Homebuyers Should Know About Neighborhoods & Property Values, Denton, Texas
House hunters often know exactly what their dream home looks like, from the type of siding to the square footage and ideal kitchen counters. However, the area around a house can more
4 FAQ About Buying Foreclosed Homes, Denton, Texas
It’s safe to say most people don’t go into home ownership expecting to lose their houses. The unfortunate reality is a job loss, divorce, or changes in the economy can cause homes more
3 Questions to Ask Before Buying a New Home, Denton, Texas
Buying a new home is an exciting, but challenging experience for most people. There is a lot of pressure to make a decision that will suit your family's needs—now and more
Building a Home? 3 Reasons You Need a Real Estate Agent Too, Denton, Texas
Building a home can be incredibly exciting, especially if you like your builder. Although your builder’s real estate agent might be on hand and ready to help broker your home more
What Factors Affect Your Home's Appraisal Value?, Denton, Texas
When selling a home, the potential buyer will request a home appraisal. This process is designed to determine the property's value so that buyers —and their lenders—don't end more