5 Tips all First-Time Home Buyers Should Know
18 Dec 2018 by Stephanie Ligsay

The process of buying a home can be complex for anyone, but especially for first-time home buyers. And with 32% of people looking at homes for sale being first-time home buyers, there are a lot of questions and concerns that need to be addressed. So if you’re looking to buy your first home in the near future, here are a few tips to help get you started.

Get your credit in shape. First things first, before you even talk to mortgage lenders, make sure your credit is in decent shape. You should pull your credit report and see what kind of shape your score is in. If you need to get it increased, make sure to work on this before you start looking at homes.

Work with a real estate agent. Real estate companies are going to be a first-time buyer’s best friend. Real estate agents can help buyers schedule viewings, find homes within their budget, and even recommend certain neighborhoods. Working with real estate companies can make buyers feel more comfortable and answer any questions along the way.

Compare mortgages. Don’t make the mistake of signing a contract with the first lender you meet with. You should shop around for the right mortgage — compare rates, monthly payments, and fees. By comparing lenders, you can ensure you’re truly choosing the right mortgage for your situation.

Buy within your budget. One of the biggest mistakes first-time buyers make is buying a house they can’t afford. This can result in late payments, problems with the bank, and possible eviction. So when you’re working with your real estate agent, make sure you’re being shown houses only within your budget.

Look at several houses. It’s important to not get attached to the first home you look at. While buying a house is an exciting time, it’s crucial to not get caught up in the excitement — buying a home is not something that should be done hastily. So make sure to look at multiple houses until you find one you really love.

You should be excited to buy your first home, but you also need to remember this is one of the most important purchases you’ll make in your life. So keep these tips in mind and you’re sure to find the perfect first home.

Stephanie Ligsay

"I have redefined the level of service in real estate."
Stephanie Ligsay is a powerfully engaging and magnetic agent who cares deeply about your real estate aspirations. A native to the Bay Area, she is intimately familiar with local niche markets and the defining qualities of various neighborhoods throughout Silicon Valley. Known as a results-oriented agent with more than 20 years of sales and marketing experience, Stephanie and her team deliver superb service with the spirit of hospitality.

Stephanie crafts a distinctive campaign to showcase your home, then executes an innovative plan that achieves maximum exposure among the largest number of qualified buyers. A proven, all-star negotiator, she is dedicated to getting the highest and best offer for your home.

Stephanie patiently and expertly helps buyers navigate both the fear and the enthusiasm of the purchase process, Stephanie takes pride in her caring attention to detail and clear, consistent communication.

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