| Being a first time home buyer can be an intimidating | | | | best mortgage to suit your needs and can pre-qualify |
| process. You want to know that you are getting a | | | | you for certain lenders. And lastly, a good lawyer will |
| good home for the money you are putting down. You | | | | be necessary for making sure your home is compliant |
| also want to be certain that your home complies with | | | | with current building codes and that all of the contracts |
| several local regulations. I have compiled a checklist | | | | you sign are legitimate. |
| here for you to use when looking at a new home for | | | | 4.) Make sure your house has been thoroughly |
| the first time. There are some common mistakes that, | | | | inspected and appraised before you close. This step |
| if avoided, will save you money on your first home | | | | provides extra security for your transaction and |
| purchase. | | | | guarantees that you are not overpaying for your new |
| 1.) Be %100 certain that you can afford to buy a home. | | | | home. |
| Some people think it would be a great idea but aren't | | | | 5.) After you move in, don't forget to set money and |
| financially ready for it. In the end, they find themselves | | | | time aside for regular maintenance. Many people start |
| facing problems when they can't afford their mortgage | | | | to take a more realistic approach to home ownership |
| payment and other repairs. | | | | a year into owning their home. They realize that |
| 2.) Find a home in your price range. It can be tempting | | | | although it is nice, it does take a lot of hard work. If you |
| to purchase a house with all of the amenities when | | | | don't do the extra work to maintain your home, its |
| you can't afford it yet. Know what you can pay for, | | | | value will decrease and you will lose money on it. |
| and stick to it. | | | | If you follow these steps, your new home purchase |
| 3.) Hire all of the right professionals to help you along. | | | | will go very smoothly and you will begin to reap many |
| A real estate agent will help you find the right home | | | | of the rewards of home ownership. When buying a |
| and negotiate with the owner for the best deal. They | | | | home, do it the right way once and you will never have |
| can also arrange for independent home inspections | | | | to worry about it again. I'll be standing by to cheer you |
| that will help you determine the real value of the | | | | along and help you with any questions you might have. |
| property. A mortgage broker will shop around for the | | | | |