First Time Home Buyers Need To Know

Get pre-approved with a Mortgage Lender or bank. Make sure you are pre-approved NOT just pre-qualified before you make an offer to buy.
Know what your credit score is. Don’t shop lenders-each time they run your credit, your score goes down.
Find the right agent who’s willing to help you through the home buying process.
Don’t go Open Housing to find the right house, An agent will take you to all the best homes for your family at the price you can afford.
Don’t start looking for a home 6-8 months in advance of your purchase, the market changes too much.
Don’t wait for a better market and interest rate.
Understand the importance of location, Understand the “Re-Sale-Ability”.
Not getting what you want because you’re impatient.
Not acting quickly enough to make a decision and someone else buys the house.
Have a professional Home Inspection by a qualified inspector.
Don’t purchase the “Upper End” of homes in the neighborhood.
Overlooking an inferior floor plan for an attractive exterior.
Overlooking how the house will function for your family.
Understand buyer agent representation.
Understand the “Art” of negotiation.
View Real Estate as a serious investment.
Make the offer look appealing to a seller.
Not buying at all.
Don’t think that this home is your last purchase.
Don’t get discouraged the right home always comes along.