If you are a first-time home buyer, you may have a lot of questions and concerns about your big purchase. From where to start, to how to close the sale, there’s a lot to account for. At Haitian Realty, our goal is to help you find the perfect home by treating the home-buying process as a strategic plan (not a guessing game).

This article can show you all the steps to buying a home for the first time, so home ownership feels within reach!

1.    Choose Your Location

Before buying a home, you’ll want to have at least a general idea of where you plan to live. Choosing the right city and state is important, and you’ll want to consider factors like:

• Proximity to family.
• Average real estate prices.

2.    Set Your Budget

Knowing your budget can make the difference between successful first-time home ownership and years of headaches. Meet with your banker and realtor to figure out the price you can afford.

3.    Check Your Credit

Good credit can play a large role in whether or not your offer is accepted. If your score is too low (usually under 600), take some time to improve your credit score before continuing with your first home purchase.

4.    Find a Real Estate Agent

Some things run a lot smoother with some help from professionals—buying your first home is definitely one of them. Not only do real estate agents know the ins and outs of the real estate business, but our team at Haitian Realty can also help answer your questions (no matter how personal).

Finding the right real estate agent can help you:

• Locate a listing that makes sense for you.
• Know what potential issues to look for.
• Give you first-time home buyer tips.
• Successfully fill out paperwork.

 

Before beginning the process of buying your first home, you’ll want to work with an agent you trust. Call us at 239-220-6233 or email us at info@haitianrealtors.com to meet with our trusted team at Haitian Realty.

5.    Get Approval for a Loan

Loans are a helpful tool that can take some of the burden off buying your first home. Work with a Haitian Realty agent and your bank to get pre-approved for a loan. Having this money ahead of time can help you stand out from the crowd—it also makes the process much smoother for all parties involved!

6.    Find Your Dream Home

Start visiting houses with your real estate agent to determine which is the best fit. At Haitian Realty, we strive to help first-time home buyers achieve their dreams. Don’t fall in love with the first home in your budget; tell the real estate agent everything you want from a new home, so it’s exactly what you’re looking for.

7.    Make Your Offer

Once you find the right home, it’s time to make an offer! Our team can help you write an offer that not only helps you buy your dream home but also at a price that’s right for your budget.

8.    Schedule an Inspection and Appraisal

After you’ve made your offer, it’s time to get the home inspected and appraised. During an inspection, an expert can help identify potential risks with anything from kitchen appliances to the foundation of the house. Hiring an appraiser can confirm that the house is worth the price.

9.    Close the Deal

You’re almost at the finish line! But don’t close the deal until you’ve worked with an expert. Haitian Realty can help you understand the paperwork before you sign on the dotted line for your first time home!