Boot Camp For First-Time Homebuyers

Posted on: 11 September 2017

If you are a first-time homebuyer then you will have a lot of technical things to learn, but your real estate agent can walk you through these things. Then, there are other things that you want to know that are going to help ensure you land in a home you will be happy with long after you move in. Some things that you want to consider will be more obvious than others, but all of them will be important in their own way. This short boot camp guide will be helpful in guiding you toward the right single family home.

Don't underestimate the importance of the right square footage

Think of a home that you and your family find comfortable when you are in it. This may be a relative's home, the home you are now renting, or a friend's place. Find out the square footage and consider looking for homes with their own square footage that are close to them. Otherwise, you can end up quickly regretting your decision. A small home can feel too cramped and get cluttered. A large home can be hard to furnish, clean, and financially maintain.

Get your offer in as soon as you can, but not too carelessly

Putting in an offer on a house is not something that you want to rush into, but on the other hand you don't want to procrastinate. If you drag your feet on putting in an offer then someone else can come along and end up getting the house that was perfect for your family. However, if you rush into putting in an offer before you thoroughly think it through and it gets accepted, then you may find yourself having second thoughts and losing out on your earnest money.

Look at the property as a whole 

While you may set out looking for a home, don't let it slip your mind that the land itself is extremely important. You can always change things about the home, but the land is the land for the most part. You can't add to its size, you can't change the natural surface and you can't change its shape or location. Also, along with the house you are looking at you want to take into considerations any other outbuildings or features that are also on the land. There may be things that will prove to be helpful to our enjoyment of the property as a whole in the future, such as your own studio, a very large garage, or even livestock structures.