Things Every First-Time Home Buyer Should Know

First-time homebuyers John and Jennifer always knew they wanted to add value to the first home they owned. So when they bought their first place in Roswell, Ga., they immediately started remodeling, and they decided to tackle many of their home improvement projects themselves.

But the home-buying process can be a terrifying edge-of-your-seat endeavor, especially for first-timers. But the whole thing will seem a whole lot less scary if you arm yourself with a few facts. Here.

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We’ve compiled a list of 10 Things Every Buyer Should Know About Home Inspections. Give it a glance before you send the inspector out to view your new property. It will give you the ability to go into the transaction feeling more informed and better able to advocate for yourself.

You should call an experienced real estate agent especially if you are buying a home for the first time. Usually, the real estate charges the sellers and not the buyers involved in any deal. The real estate agents are aware of all the properties in the location you want to buy.

A first-time buyer will need to have not only solid credit, but will need to come up with their down payment without a previous home’s equity to draw from (up to 20 percent of the purchase price of the property depending on their situation), have sufficient income and assets, and the demonstration of the ability to pay closing costs independent of mortgage financing.

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Experienced home owners make it seem easy. If you are new to home ownership there are quite a few things that might take you by surprise. Here are a few things to keep in mind as a first time home buyer before you begin your housing search. Decide location versus space before searching for a home Nobody enjoys experiencing buyer’s remorse.

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20 things every first home buyer needs to know. The process of buying your first home doesn’t have to be overwhelming. We’ve prepared 20 initial tips here to help you along the way, but one of the first things you should do is investigate if there are any grants you can take advantage of.

the sheer thought of the home-buying process can be intimidating. But don’t worry, we’ve got your back. Before you start touring properties, make sure you’ve done these four things and you’ll be ahead.

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