1. Look for a real estate agent that you work well with. It's important to feel that you can trust your Realtor. 2. The time to buy a house is when you find the right house and you can afford it. Markets swing up and down but don't let the latest market news dictate when it is time for you to buy a house.
3. No house is perfect, choose the house that best fits your needs and be willing to compromise on some of your requirements.
4. It helps to get advice from family and friends but ultimately it is your decision. Too many opinions can be confusing.
5. Don't try "Win" in the negotiations, sometimes letting the seller win will work in your favor. Lowballing the seller usually just makes them mad and less likely to work with you in negotiations. 6. Don't forget to look at what is around your house, the most perfect house in a bad neighborhood is not a great deal. There is a reason why they say, Location, Location, Location.
7. Make sure you are pre approved for a mortgage, listen to your Realtor and talk to several lenders. Don't consider an online lender opinion. Online lenders usually cost more in the end..
8. Be sure to consider your maintainance and upkeep costs when budgeting for your home payment.
9. Don't be surprised to have a little buyer's remorse, it is totally normal. Purchasing a home, is a big step, especially for the first time. But it is the best investment you will ever make.
10. Choose a home because you love it; then consider it's investment potential.
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