First Time Home Buyer

First Time Home Buyer


Owning versus Renting: Are You Ready to Own?

If owning your own home is your dream, you will need to be prepared for the responsibilities that come with it when the time is right for you.

Many will argue that the benefits of home ownership far outweigh those of renting; however, owning a home comes with the costs of keeping up a mortgage, paying property taxes and the responsibilities with keeping up the home. Preparing yourself for home ownership requires you to take an in depth look at your own finances, intentions and motivations in pursuing the purchase of a house.

Questions for Prospective Homeowners

Are you ready to buy?

This is an important question when deciding on purchasing a home.  Asking yourself this will help you come to terms with whether you are really willing to put a significant portion of your finances and time each week, month, and year towards the cost of maintaining your home.

How much can you afford?

Many people struggle with this and think they will be fine in stretching themselves thin by pursuing a bigger home up front.  In reality though, it is better to start with a smaller home initially that is more realistic to one’s finances and budget, and then opting to upgrade to a bigger house down the road.

What do you want?

Is a single detached home what you always hoped for with a lawn and white picket fence?  Or, do you like the idea of having a condo or townhouse with no worries of yard maintenance and pest control? Does resort style amenities interest you or would you prefer a backyard with privacy and no shared ownership?  The answers to these questions will help you in narrowing down the right type of property for you.

I Can Help

You need a good agent who is going to be by your side, every step of the way.  You need an agent who is dedicated in helping you be successful in your first venture in real estate ownership.

By hiring me to help you buy your first home, I will be dedicated in assisting you find the house you are looking for at the price you are willing to pay and that you can afford.

Making the offer.  The first step once you find your potential home is to make your offer.  I will be happy to prepare all the documents and go through them page by page with you.  I am here to help assist you in making sure your offer gets accepted.  It is important to note that the seller may counter your offer, reject your offer, or choose not to respond.  While this may sound discouraging, it is part of the process and is why I will work tirelessly for you in helping you get a positive response.  Preparing to put down an initial deposit also demonstrates your seriousness in buying the home, so get your checkbook ready!

Getting the necessary inspections done.  A physical property inspection is imperative for all first time home buyers because the inspector will check for signs of harmful materials, evidence of pests such as termites and rodents, and will also inspect any possibilities of issues with plumbing and electrical.  Skipping this inspection could end up costing you hundreds, or thousands of dollars in the long run and is definitely worth the few hundred bucks up front.

The final walkthrough.  I will be there with you to make sure that everything agreed upon is completed prior to the final signing.

Let me help you with the often complicated process of buying a home.  Call me today to see just how I can make the process of home ownership be an enjoyable and stress free experience for you!