For the vast majority of people, buying a home will be the biggest purchase decision of their entire lives. Unlike buying meat from a butcher, you don’t get to just peer through the glass, pick some stuff, and then have it bagged and take it home. As a first-time homebuyer, finding the perfect property requires dedication, patience, and a bit of luck. This quick guide will help you through that process.
Focus on what you can’t change
When looking at houses, many first-time buyers get hung up on interior details: the color of the walls, the kitchen appliances, the flooring and carpeting, and so on. However, these are all things that – with enough time and money – you can change later on. So while it’s easy to focus on aesthetics, as a first-time homebuyer should really be focusing on the things you can’t change, like where the house is located.
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Location, location, location
The most beautiful house on the block might sound like the house you want to buy…until you uncover the details of that particular block. It could very well be the case that your “dream home” is nestled in a high-crime neighborhood, or that it’s just a few yards from the highway. As a first-time homebuyer, it’s all too easy to overlook such crucial location details. Remember: you can always renovate your house if you’re not one hundred percent happy with it, but you’ll never be able to renovate your neighborhood. So choose your home’s location wisely!
Avoid “bargain” homes
The old adage holds strong even in real estate: if it seems too good to be true, it’s probably not true. If there’s a house on the market with an unbelievably low price, don’t get suckered in to thinking you’re getting a great deal. “Bargain” homes are often the ones with damage or other problems that can be difficult – or impossible – to fix.
Until next time, stay awesome, and contact us here if you have questions about the first time home buying process.
About Agent Lady: Cherise Wynne is a leading real estate agent in Philadelphia, helping home buyers and sellers navigate the City of Brotherly Love, with a special focus on first time home buyers. To chat about getting started with your first time home buying experience, click here.