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All kinds of good tips for buyers
Are you a first time homebuyer?
Buying a home can be challenging for a first-timer. You may be anxious about the process and what will be expected of you. Luckily, first-time homebuyers enjoy some special advantages created to encourage new entrants into the real estate market.
Determining what your long-term goals are and how home ownership fits in with those goals is a great place to start.
Here are some tips to consider as you decide about your readiness to enter the market.
More tips for buyers
Are you a seasoned buyer but need a quick refresh?
Who couldn’t use a little refresher? The steps to buying a house can make for a long overall process. You’ll need to be ready to be a homeowner and set a budget. You’ll work with a lender to get preapproved for a mortgage (unless you’re one of the lucky ones that have cash on hand). Next, you’ll start shopping for properties, ideally with a trusted estate agent at your side. Once you find a home, your agent will help you submit an offer and negotiate with the seller. When you reach an agreement, you’ll get an appraisal and inspection. If the inspection turns up a major issue, you may want to negotiate repairs or credits with the seller. You’ll also do one more walkthrough in the house before you buy it. If everything looks acceptable, you can finally move to close and enjoy your new home. Take a look at the tips for home buying below to get a more in-depth view of what you need to consider before getting into the housing market.
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