Advice for Couples Buying Their First Home

By
Real Estate Agent Associate Broker

So you are ready to buy a home together. Now what? Here are a few simple pieces of advice that will get you on your way to successfully purchasing your first home together.

  1. Select an experienced real estate agent you feel confident in and comfortable enough to express questions and concerns. Your real estate agent should also be familiar with the area(s) you wish to live.

  2. Get your financing in order. If you are purchasing cash, make sure to communicate the budget you have established to your real estate agent. If you will be securing a loan make sure to get your loan application in process. In today’s market you must establish the ability to purchase a property at the time of offer. Meaning, for a cash purchase you need to provide proof of funds from the institution holding the funds OR for a financed purchase have a pre-qualification letter from a mortgage lender.

  3. Be prepared and committed to learn. The process of purchasing a home and getting a mortgage will probably expose you to a lot of terminology and procedures that are unfamiliar. Therefore having your team of professionals (real estate agent and loan officer) in place is essential. Your team will lead you through the process. And you will learn about each other and what is important to each of you in the purchase of a home.

  4. Do your research. Be sure to get to know the area you are planning on purchasing your home. Your real estate agent should definitely be able to provide a wealth of information in this area. However, your exact commute time to work, are the types of shopping and entertainment you enjoy available, whether the school systems measure up to your standards, these are items you will need to invest your time in to discover.

  5. Be ready to view properties. The real estate market is ever changing. Properties come on the market and properties go off the market every day. When your real estate agent has properties available for you to view go as soon as you possibly can. No one likes to hear “That property is already under contract”.

 

Most importantly, ENJOY THE PROCESS! You will never purchase your FIRST home together again. While the stakes are high when purchasing a home, the rewards are greater.

 

Visit my web site for insight on how I assist buyer’s purchase homes in the Atlanta metropolitan area at www.MetroATLRealEstate.com.

 

 

 

 

Posted by

Stacey Williams, Associate Broker

Ken Harris and Associates Realty

(678)523-1621 - Direct

(770)998-9859 - Office

www.MetroATLRealEstate.com

Stacey@MetroATLRealEstate.com

 

Connect with Stacey Here...

 

 Facebook  Twitter  LinkedIn  ActiveRain

 

Like this blog??? Then please:

             

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Home Buying
Groups:
Active Rain Newbies
Real Estate SEO
Atlanta Homes For Sale
Tags:
real estate
buyers
homes
first time buyers
advice
metro atlanta

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
3,335,056
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Good morning, Stacey - very good advice for first time buyers and a good reminder for those moving up as well.  I like that you also included #5 -- urgency and timing is so important in the process.  

Mar 06, 2014 09:56 PM #1
Rainmaker
60,400
Stacey Williams
Alpharetta, GA
Experienced Metro Atlanta Real Estate Agent

Hi Michael, Thanks for reading the post. Yes, I thought making sure a sense of urgency is important. It shows your committment to the process. It also enables you to have the best selection of properties to choose from which is to a buyer/s benefit.

 

Mar 06, 2014 11:02 PM #2
Rainer
453,320
Diane M. Phillips Realtor 443-286-4365
Frankly Real Estate Inc. - Manchester, MD
Specializing in Carroll Co., MD

Stacey ~ This is great advice for first time buyers. "Enjoy the process..." no doubt about that!

Mar 07, 2014 01:39 AM #3
Rainmaker
3,168,589
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Stacey, Great advice to give out to buyers.  (Did you mean to check members or public).  Gald to see you in the rain.

Mar 08, 2014 02:46 AM #4
Ambassador
1,852,099
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Hi Stacey - this is such a great post for buyers - you should make it "public."  :)

Mar 09, 2014 09:16 AM #5
Rainmaker
60,400
Stacey Williams
Alpharetta, GA
Experienced Metro Atlanta Real Estate Agent

Diane - Thanks for reading and commenting.

Will abd Debb - Thanks for the kind remarks, thanks for the pointing out this would be good for the public.

 

 

Mar 09, 2014 11:11 PM #6
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
60,400

Stacey Williams

Experienced Metro Atlanta Real Estate Agent
Contact Me With Your Real Estate Needs! Call 678-523-1621 TODAY!
*
*
*
*
Spam prevention