Article Presented by:
Clint Wooley
Ask almost anyone who has lived in their home for a number of years if they would change something about their home, and usually you will hear a list of things they would like to improve or change. You should keep this in mind when you are searching for your first home. It is not likely that you will find the perfect home in the perfect location at a price that you are comfortable with. But it is possible to find the best home in your price range that suits your needs and desires.
It is best if you at least have a good idea about your desired location and style preferences before beginning your search. Your Realtor® will be better able to help you if they have this information. It is extremely important that you apply for a mortgage loan and obtain a pre-approval or conditional approval before investing a great deal of time in your search. Your Realtor® will appreciate this, and you will have confidence in knowing that you are only looking at homes you have the ability to buy.
Take a notebook with you when you are looking at homes with your Realtor®. An experienced Realtor® knows that if you look at too many homes in one day, the details seem to run together, making a new buyer even more confused. Keeping a notebook with a few favorite details and also noting any shortcomings in each home will help prioritize homes later. Taking digital photos or video can prove invaluable in remembering details.
Keep in mind that most contracts on pre-owned homes contain contingencies for items like appraisals, pest inspections and property inspections. With insurance costs rising in many areas, some contracts are being written based on acceptable and affordable insurance being available to the purchaser. Discovering that your dream home has termites, requires expensive repairs or that affordable insurance isn't available due to location takes much of the initial thrill of purchasing away.
All in all, flexibility is the most important trait you can demonstrate. Be patient, communicate with and trust your Realtor® to help you find your home. Take notes, and trust your instincts. And when you have a hunch you've run across the "right" one, don't waste time...ask your Realtor® to write an offer. It probably isn't a perfect home, but it may be the perfect home for you!
About the Author:
Clint Wooley is co-owner of Sunscape Rentals and Sales, and HomeMax.org, a helpful source for information, tips and articles for first time home buyers. HomeMax offers free Realtor referrals and Lender referrals. HomeMax Case Managers will help guide you through the home buying process. http://www.homemax.org
