Tips for First Time Home Buyers...

Discussion in 'Buying & Selling Real Estate' started by alexisfinch24, Jun 17, 2014.

  1. SteakTartare

    SteakTartare Senior Investor

    Joined:
    Mar 2014
    Posts:
    857
    Likes Received:
    11
    A few come to mind:


    • Have a good down payment. 25% is not bad.
    • Pay for an inspection.
    • Location, location, location. Make sure its in place that you can resell it as necessary.
    • Get the absolute lowest mortgage rate possible. With good credit, in this era, that is not hard.
    • Negotiate the best deal, but don't be a nozzle.
    • Deal with a good realtor. Most, at least in my experience, are clowns. Find a good one and stick with him/her.
    • Don't let emotions take over. Its true of everything in life, but making a purchase of this size is even more so.
    • Enjoy your new home! There is nothing like owning your own place.

    Cheers!
     
    • Like Like x 1
  2. JR Ewing

    JR Ewing Super Moderator Staff Member

    Joined:
    Feb 2014
    Posts:
    4,950
    Likes Received:
    39
    Agree wholeheartedly with getting an inspection, picking a good location, shopping for the best rate, reasonable negotiating and keeping emotions in check, etc.
     

Share This Page