Buying your first home? Here are 10 things (among a lot of others) to consider we hope will help!

 

  1. Meet your mortgage advisor and find out what you can afford. It's so disheartening to find out later you can't get the loan amount once you've done all that shopping first. Or finding out that you can actually afford just a bit more, just enough for the what you really wanted in a new home.
  2. Narrow your criteria. What is really important to you in your first home? If you're not sure, after a few outings touring homes, you'll find out. Take notes and write everything down, it'll help sort your decision-making.
  3. Location. Location. Location. Where do you really want to be? Don't pick 5 different cities and leave it to chance. A lot of buyers do so thinking they'll miss the home of their dreams when in reality, it could be in the part of the city that makes no sense.
  4. Your first choice might very well be your best, follow your instinct. A lot of times, people will second guess their first choice. As if buying the first one means missing out on a better one. It's actually very difficult for anyone to find a home they love, so if you love the first home, it may be the only one out of the next thirty homes you see.
  5. Don't sweat the small stuff. You're buying a new home, that's the big picture. Moving in and moving forward with the next stage in a very important part of your life. It's scary, but you'll love it so don't let yourself put up blocks and hurdles you don't need.
  6. Keep an open mind. I know I said narrow your criteria for number 2, but at the same time, don't get tunnel vision. Sometimes what you want evolves during the process and that's okay.
  7. Be ready to move. If you're shopping, you're going to move in the next 3 to 6 months. Ready yourself mentally for this and everything else takes care of itself.
  8. Listen to yourself. Your agent is only your guide. We listen to you and your body language so we can help you find what you're looking for. Everyone will have an opinion, your family, your friends and even your agent. But none of us are living there tomorrow, you are.
  9. Seek advice from a trusted professional. As a REALTOR®, through a lot of deals and working in all kinds of situations, I have experience to draw on. Feel free to take advantage of it and my pool of contacts. This goes the same for lawyers, mortgage brokers, home inspectors, accountants and many other very knowledgeable individuals. We are all here to help.
  10. Have fun. It can be tiring and it can get overwhelming but once you've moved in and get the keys, it'll all be worth it.

I'm sure there's more than 10 things but some things are better off left up to discovery.