What First Time Buyers Need to Know

Find a Realtor Early

The internet is fantastic for research. There is a multitude of sites for searching for the perfect home—as well as for searching for a realtor. But as a first time Buyer, what should you look for in an agent, and should you rely on the internet? You probably want someone who is responsive, has a proven track record, and is knowledgeable in the loan process and the market. When searching on the internet, it’s a great idea to check testimonials and ratings. It’s even better if you get a referral from a friend or associate as

 

While experience counts, there are many excellent newer agents

 

Work with a Reputable Lender

As with your realtor, it’s a great idea to ask friends and associates for referrals. There are big institutions, such as banks, and brokers. There are

 

Be Careful About Falling in Love with a Home

Most seasoned Buyers have learned that it’s not always a great idea to fall too much in love with a home. It can be very discouraging if your offer is not the one accepted. Sometimes you even have to start the search all over again. 

 

Don’t Settle but Do Compromise

Buyers should have a “must-have” list. Especially if searching for your forever home, 

 

Don’t Rush the Search

If at all possible, don’t try to fit a square peg in a round hole. Unless you are under a time crunch, don’t make a hasty decision. Your realtor will help you to see the pros and cons of a property, but the Buyer needs to make sure