First
Time Homebuyer
So,
you’re thinking about buying your first
home! Congratulations. It is a very exciting decision
and has the potential of being a great financial
investment. Many people hold off on purchasing
because they feel they don’t have an adequate
down payment. This is often not the case, and
finding a zero (or very little) money down loan
is possible even in today’s 2008 mortgage
industry.
Enlisting
the help of a qualified Real Estate Agent is the
first decision you should make.
It
is important that you have representation during
the home buying process so you can make certain
you have someone negotiating for you. You DO NOT
PAY US for this important representation. As your
real estate agent, we are paid by the agent representing
the seller of the home you eventually purchase.
Many people don’t realize that when they
drive by a home and call the agent on the sign,
the agent will be more than willing to show them
the home and write up a contract - BUT that agent
is obligated to represent the needs of the home
seller. If the home buyer disclosed important
and confidential information (such as finances)
to the selling agent, their negotiating ability
may be severely hampered.
If
you are considering your first home, this is how
I would suggest proceeding:
- Fill
out the form below so we can contact you.
-
Set up an appointment to meet at the RE/MAX
Action office to discuss the buying process,
so we can learn more about your needs, and so
we can develop an action plan for finding you
the perfect home. We will also review all of
the paperwork that will be necessary when we
find a home that you want to write an offer
on. If you would like, a mortgage lender will
be present at the first meeting to answer all
of your questions.
-
Meet with a mortgage lender to discuss your
options and to obtain pre-approval for a loan
(this pre-approval is an essential part of the
process, and one that I highly encourage before
we actually look at homes).
-
Begin looking at homes in the areas that are
of interest to you.
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