Ladies first - tips for first time, single female Napa homebuyers

Ladies first - tips for first time, single female Napa homebuyers

Single females continue to be a driving force in the housing market. In fact, according to the National Association of REALTORS® 2007 Profile of Home Buyers and Sellers, one-fourth of all recent first-time home buyers were single women. They also represented 20 percent of all home buyers, up two percent from 10 years ago. The Coldwell Banker^® organization recommends the following steps for women considering buying their first home:

Get your finances In order. First and foremost, check your credit history. Order a report from one of the three major agencies and take immediate steps to rectify any problems. Make sure you pay your bills on time and have established a solid savings plan. You want to be on firm financial footing when you begin the home buying process especially since you will be funding the purchase on one income, especially with lending institutions tightening their output.

Buy within reason. Have a good idea of what you willing, or not willing, to do with a home. Determine whether you want a house that is move-in ready, or whether you want "the handyman special." If you decide to take the do-it-yourself route, be sure to establish a separate budget for that process so you stay on top of both the mortgage and renovation costs.

Work with a reliable real estate sales associate. Buying a home is likely the largest transaction you will ever make. When you are buying on your own, be sure to surround yourself with a team of professionals who will help you navigate through the process. An established real estate sales associate can coordinate information from beginning to end and help identify the professionals you will need (inspectors, lawyers, contractors) to make the experience is as smooth as possible. As a professional REALTOR®, I can be your resource.  I bought my first home as a single first time homebuyer, so I understand where your are coming from.

For more information on Napa real estate, please contact via phone, email or text.  To see what's for sale throughout the Napa, please visit my website at: www.soldbynicole.com and click on search the MLS.  If you want to know how much your current home is worth, click on CMA and I will happily provide you with a complimentary, no obligation, "Current Market Analysis" of your Napa home.  I also write a blog about market statistics for most of the bay area markets.  Click here to view my blog:  http://activerain.com/blogs/nicolemonary