First Time Home Buyers
As a first-time home buyer, you should start the search long before you are ready to sign a purchase agreement. Here's what you might expect from your house shopping experience.
Weigh the Benefits
Define Your Search
How Long Should It Take?
Good real estate agents will understand your neeeds and wants and arrange to show you homes that fit your specific parameters. Your agent should preview homes before taking you on a showing of the properties.
How Many Homes Will You See?
How to Rate Inventory
- Bring a note pad and a camera. Start all notes and picture sets with a close-up of the house number and front of the home to identify where each group of pictures begin and end.
- Take detailed notes of features, colors, design elements, and any pros and cons.
- Pay attention to the property's surroundings. What is next door? What's behind? What is the condition of neighboring properties?
- Use all of your senses. Listen for ambient sounds.
- Do you like the location? Is it near a park or a power plant? Is there traffic noise?
- Rate each home on a scale of 1 to 10 before you visit the next house.
View Top Choices a Second Time
At this point, your agent should call the listing agents to find out more about the listing and the sellers' motivation. Make sure that an offer hasn't come in and that the home of your dreams is still available to purchase. You don't want to waste your time writing an offer on a pending sale.
Your Agent's Role
Real estate agents are required to point out any defects that they see. They should also help buyers feel confident that the home they buy ultimately meets the buyer's goals and objectives.