Friday, July 8, 2016

5 Stress Relieving Tips for First-time Homebuyers



Moving into a new place is both exciting and challenging, and that is especially true if it’s you first time as a homeowner. Instead of allowing the process to overwhelm you, keep some tips in mind to help navigate through this exciting journey in your life.

Don’t Proceed Alone
You don’t need to take on the process of searching for and buying a home without assistance. Maintain contact with your realtor Tim Brodowski throughout the process. Tim can assist you in searching for the perfect property.

Open Your Mind
Right now, you may have a list of all the features that you want in a house. You may have decided that you will only live in the community with the lowest crime rate and the best schools. Keep in mind that all of these desires cost money and you probably do not have an unlimited budget. Instead of maintaining such a myopic view of your new home, open your mind to the possibility of making some concessions.

Define Your Financial Ability
Opting for a pre-approval is a good idea so you know how much of a loan you can receive approval for. Once you obtain that amount, you might decide to spend the maximum amount. Doing so will likely prove uncomfortable for your budget. If you or your partner lost your job, you might not have the ability to keep your house at all. Try to start small with your first house purchase and avoid spending money beyond your means.

Take Your Time
Once you decide that you are in the right place to buy a house, you might be so eager that you rush through the process. Weigh the pros and cons of each house you look at. If possible, plan an adequate amount of time around the buying process to ensure that you have considered all you best options.

Prepare for Other Expenses
You need to find out if you are expected to pay closing costs upfront or if you can roll them into your loan. Sometimes, the sellers may agree to pay for some of the closing costs. Not only do you need money for these expenses, but you’ll also need to cover other costs that are associated with moving into a new house.

Buying your first home can be both terrifying and wonderful all at once. Be prepared to invest in a financial investment like this by working with a professional like Tim Brodowski and making smart decisions. If home is where the heart is, allow yourself the time and care in finding the best possible place for you and your family.


Call Tim @ 619-686-5512 for a free 30 minute consultation on buying your next home.

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