Things You Need to Know Before Buying a Home

how to choose the right home

Many people opt out of buying a home because of all the challenges they may face. Renting seems like an easier option to most. I understand, buying a home can be extremely overwhelming. So many different things to do and think about.

But, it can easily be done. You just need to do your research. Before going into the whole process, learn as much as you can!

The more you do your research, the better the chances are of getting the best possible home for you and your family. Buying your first home is a rewarding experience and can be less painful with some knowledge!

I will be sharing with you things you need to know as a first time home buyer to make your life a little easier!

Set Aside a Down Payment

down payment

Way before buying a home, think about the down payment. Put as much as you can aside to put at least 20% down on a house. This is the absolute best option.

If you can’t put 20% down on a house, there are other options out there such as an FHA loan, VA mortgages, or conventional loans. You will be able to put as little as 5% down.

Let’s Talk Budget

Now that you know to save as much as you can, let’s talk numbers.

Budget is the biggest factor in home buying. You want to live comfortably. The smart thing to do is to look for houses in your price range where you can live comfortably with the money you have left at the end of the month after paying mortgage and bills.

It’s best to talk this over with a mortgage broker to see what numbers you are comfortable with.

The Master List


Before you start hunting for homes, make a master list. What I mean by this is making a list of needs and wants. Needs being your non-negotiables and wants being things you would love to have but aren’t necessary.

Needs would be how many bedrooms and baths you need, big backyard for kids and pets, open floor plan, and square footage for your family to fit comfortably in a home.

Wants could be a porch, back deck, pool, finished basement, 3 car garage, and other things you would love to have but it doesn’t make or break a home.

Making this large list will help you and your realtor pick houses that you will truly like and waste no time on houses you won’t.

Find a Realtor You Trust

If you’re looking for a house, I highly suggest finding a realtor you will enjoy working with. I mean why not, they are free to you! They make their profit from the seller.

Talk in depth with the realtor about your budget, your wants and needs, and the area you would like to stay in. They are professionals. They are more likely to find you a house you like quicker than you would.

Purchase Your New Home

Now that you have gone through some important steps on seeing what the perfect home looks to yo, time to see some houses! One thing I suggest is taking your time if you have it.

Don’t settle on a home, a great home will come up on the market at the right time!


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