Buying your first home is a thrilling experience. But the home buying process may feel confusing. With a little bit of knowledge, you will be on your way to finding the perfect property for your first home.
Hire an Experienced Real Estate Agent
Your initial step is to hire an experienced Smithfield VA real estate agent who regularly works with first-time buyers. There is no cost to you for the agent’s services as the seller pays them a commission. The help you will receive is invaluable from the initial consultation all the way through the closing of your new home.
Decide What Type You Need
Think about your lifestyle when considering what type of home to buy. If your budget is tight, a condominium or townhouse may be the best choice. Extra perks like a swimming pool, fitness room and clubhouse may be included. However, you will have shared walls with the neighbors and feel like you’re living in an apartment complex.
If you want a yard or need more than two bedrooms, a single-family home would be your best choice. Think about buying in a neighborhood with a homeowners association if living in a well-kept and tidy community is important to you.
Consider a Fixer-Upper
A fixer-upper sells for less than one that is ready for immediate move-in. It is a great option to get you a larger home in a great neighborhood. Your realtor will give you an estimate on the repair and remodeling costs and will refer you to the best contractors.
Tour Affordable Homes
Avoid the heartbreak of falling in love with a home you cannot afford by only touring houses within your budget. As you build equity in your new first home, you will have more funds available to buy a larger home in the future.
Following these tips will help you discover the perfect first home to buy and enjoy for years to come.