Tips for First Time Home Buyers

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TIPS FOR FIRST TIME HOME BUYERS
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Get Preapproved
First and most important step that you should
take is to get preapproved through a mortgage
lender. When you have a preapproval letter in
hand, you can do a couple of things. Once you
understand that, then you can get in touch with a
real estate broker to establish your criteria
youd like in a home.
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Find an Agent and a House
After you get your preapproval, the next thing to
do is find an agent and start looking at homes as
soon as possible. Ask friends and family members
if they would recommend the real estate agent
they used.
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Most likely you have heard the house hunting. It
is the most important thing to keep in mind when
looking at a home. be sure to drive around and
check out the areas amenities. Is the home near
to hospitals, grocery stores, highways and
schools? All of these are very important.
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Make an Offer
Once you do find a home you want, its time to
put in an offer. Its also important to make an
offer that is truly your very best and to submit
your offer as if there are multiple offers. It
will help avoid feeling discouraged if your offer
isnt accepted, because youll know that you
offered the best you could.
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Get a Home Inspection
During the inspection its a good idea to ask
questions and learn as much as you can. Youre
paying for the inspection out-of-pocket, so make
sure to get your moneys worth. Paying attention
to key info during the inspection namely, the
lifespan of major things like the roof, air
conditioner, furnace, plumbing and electrical.
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Time to Close
After closing, there are some small things to
keep in mind, like changing the locks and sending
out new address notifications. But with a good
agent and a trusted lender, youll be able to get
through it.
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