First Time Home Buyer Tips

If you are a first-time home buyer, you will be learning quite a bit about home searching and home ownership over these next few months and years.

Suzanne Plewes, RE/MAX Alliance in Loveland

Suzanne Plewes, RE/MAX Alliance in Loveland

LOVELAND – If you are a first-time home buyer, you will be learning quite a bit about home searching and home ownership over these next few months and years. Some things will be expected, and many things will be unexpected. As you start this journey, we thought it would be helpful to share some important tips that may help you avoid some of the typical unexpected surprises.

Don’t judge a home solely by its pictures
Most home buyers browse for homes online. After all, this is the easiest and quickest way to access information. Unfortunately, some of the judgements that we make based on those photos are not always accurate. Just as you shouldn’t judge a book by its cover, you shouldn’t judge a home based on the quality of its photographer.

Some homes will look beautiful in photos, but not so great in person. Wide angle lenses and photo editing software is intended to make homes look their best. You may get a slightly different impression when seeing a home in person. Likewise, sometimes photos don’t do a home justice. So, don’t judge a home solely based on its photos. You may miss out on some great properties as
a result.

No home is perfect
If you’re looking for a perfect home, it doesn’t exist. Even new homes will have issues. The problems may simply be different than that of older homes. Some issues are predictable and others are not. Dealing with the unexpected is a part of home ownership. This is why it’s always a good idea to set aside funds in your budget for home repairs and improvements.

Deadlines are critical
Some people view deadlines as suggested dates. When it comes to home purchase contracts, those deadlines are extremely important and can have financial consequences. Therefore, never miss a deadline. And don’t assume that any deadline can be extended. Always work with realistic dates and work diligently to meet them.

Things can change
You must deal with many moving parts in the journey to purchasing a home. Things can change at any time and impact your plans. This includes your job, credit scores, interest rates, mortgage programs, and home prices. It is therefore essential to work with a good real estate agent and loan officer… and to stay in communication with them throughout the buying process.

Your agent is your most  valuable resource
As a first-time buyer, you may not know what you don’t know. Consider a real estate agent as your tour guide, taking you down the proper paths, referring you to helpful resources along the way, and helping you make important decisions. Knowing what to expect can make the home buying process a more pleasant experience. Keep your mind open when it comes to photos. Remember that no home is perfect. Stick to deadlines and be ready to adapt to changes.

Last but not least, work with the right agent.

By Suzanne Plewes, RE/MAX Alliance in Loveland. Suzanne  is a broker associate at RE/MAX Alliance. Write to 750 W. Eisenhower Blvd., Loveland, CO 80537, call 970.290.0373 or e-mail suzanneplewes@remax.net.