This is a bad time, Pandemics, wildfires and economic mayhem. But there is a bright spot if you are a first-time homebuyer. The interest rates are incredibly low, allowing you to get more house for the money (see last month's column) Here are some tips from Veta to help you have the best experience possible buying your first home.
It is difficult to grasp how interconnected the various purchase price figures are. Veta will explain these connections and you'll be able to avoid a lot of confusion.
First-time buyers tend to think that they'll be able to check off every item on their wish list, even when their budget is limited. Understanding how your income relates to your buying power will shorten your search time. Talk with your realtor ahead of time about what you want in a home since you don't want to look at homes you can't afford. It's very disappointing to find a house you really love only to learn it's too expensive.
Getting a pile of papers to sign is daunting. Utilizing digital documents allows your realtor to explain them in an email. You'll have time to look them over and ask questions. And you won't misplace the file folder.
During the home-buying process, it can be easy for first-time buyers to lose sight of the goal. In the midst of paperwork, appraisals and everything else in the process, you may become overwhelmed since you've never seen how it all works out in the end. Therefore, when the going gets tough, Veta will be there to explain, encourage and close the deal. Give Veta a call if you are ready for your first home.
Veta The Realtor