ABOUT
Buying
First-time Buyers
Whether you have spent years saving and preparing to buy a home, or you still
aren't sure if it is something you can even dream of, the questions
surrounding a first-time home purchase can feel endless.
You can find the answers – and peace of mind – by working with RE/MAX,
the industry leader in experience and service.
Here are some tips to help you with the process of becoming your own
landlord.
Being prequalified for a loan determines how much house you can afford. It
also allows you to move more swiftly when you find the right house, especially
when you aren't the only interested buyer.
Using a buyer agent
A buyer agent is legally responsible for representing the buyer's interest in
a real estate transaction. Generally, the buyer agent is compensated by the
seller at the time you purchase a new home. There are some limitations to
using a buyer agent, however. Before you decide, have a Realtor explain the
advantages and disadvantages of using a buyer agent.
Features that help or hurt resale value
In some areas, a swimming pool actually detracts from a home's value and makes
the home harder to sell. In neighborhoods with two-car, attached garages, a
single-car or detached garage may impact the home sale and future value. Your
Realtor can point out features that hurt, as well as those that help, resale
value.
Rate the houses you tour
After touring each home, write down what you liked and didn't like. Develop a
rating system which will help you narrow the field down to the house that's
the best for you.