First Time, San Antonio Home Buyers?
First Time San Antonio Home Buyers? Make Your Dreams a Reality!
No one ever forgets their first house, so here at iCloseHomes, Inc we are providing the top tips to keep in mind when buying your first home. We are San Antonio Home Buyers, so for more insightful information and to get free info on The 22 Best Sources for Finding Your New Home or Investment Property at a Rock Bottom Price give us a call at (210) 588-9999. For mistakes to avoid when buying, read on!
Which Type of Home is Best for Your Needs?
A single level house? A townhome or condo? A multi-level house? In order to have a successful and positive home buying experience, you have to narrow down your options by the type of home that would best fit your immediate and near future needs, not just by what you want. Do you plan on starting a family in the near future? Adopting a pet? Keep topics such as these in mind when establishing your ideal first time purchase.
What Amenities Can You Not Live Without?
Once you’ve narrowed down the type of property you plan on buying, its then time to decide on the smaller,yet equally significant, factors. How many bathrooms do you absolutely need to have minimum? What area does your house need to be located in? What layout of kitchen do you see yourself in years to come? While of course you should still have some flexibility when it comes to these details, remember that this is most likely the biggest purchase of your life, so you want as many needs and desires to be met.
What Dollar Amount of Mortgage Do You Qualify For?
To put it bluntly, you need to find out how much of a loan a lender is willing to give you. Factors such as how long you have been at your current employment, how much debt you carry, and your income contribute to a lender’s decision, so having at least a ballpark number will help to narrow down the properties you are able to buy.
What Price Range Can You Actually Afford?
Now it is time to be blunt with yourself. Even with a property mortgage, how much money do you really have saved up to buy a house? Are you able to afford the monthly mortgage payments for the amount the lender is letting you borrow, or do you need to request a smaller loan? If you are dishonest with yourself when answering these questions, it will not matter how great of a location the house is in, or how many awesome amenities it contains. Be genuine when answering the financial questions in order to be genuinely happy in your new home.
Will You be Using a Real Estate Agent?
While it is not 100 percent necessary to utilize the skills of a real estate agent, finding your first home can be a time consuming, and perhaps overwhelming task for many people. Not everyone has the time to search through countless properties in order to find one that fits their needs and wants. Once you have narrowed down the price point and details such as location and size, a real estate agent should be able to take those bullet points and provide multiple options for you to choose from. If you decide that relying on a third party to aid in selecting your future home is just not for you, be sure you do your research and allow yourself an adequate time frame in order to make the best decision.
iCloseHomes, Inc wants you to know that although we will buy your house under any conditions, we also understand that if we buy your house, you’re going to need a new one. The above tips concern the basic how to’s of buying your first home, and if you have any questions regarding the buying or selling process, call us at (210) 588-9999, so we may help you in any property related situation you may be in! To get on our list of hot for sale properties, click HERE.
image: google
