Tips for First Time Homebuyers. Renae Fulton, Real Estate Consultant

By
Real Estate Agent with First National Realty

Purchasing a home may be the largest investment of your life! While this may sound a little frightening, the transaction can be simplified and smooth if you find a real estate agent to represent you that you are comfortable working with and is knowledgeable. If your not quite ready, you can shop on line to become familiar with area's and learn about the cost of housing. Most agents will request you have secured financing before the process of showing homes begins. Many times your agent has a good working relationship with local lenders and will be glad to share this information with you should you need direction.

You and your agent should discuss the price range you would like to stay in and what features you are looking for in a home. As your agent schedules showings for you they will begin to recognize what your likes and dislikes are. When a home is located you would like to make an offer on, your agent should provide you valuable information to help you make an informed decision on making an offer and the negotiation process.

The contract will be executed, when both parties sign and agree to the terms of the offer and the buyer provides earnest money. Your agent should have a good understanding of the contract and be able to explain it to you. Always ask questions of you are unsure or uncomfortable.

On occasion multiple offers may be made on a property, the property may not appraise to the offered amount or upon inspection issues, may arise that need to be renegotiated.

Next steps, inspection, appraisal, final walk thru and closing.

For information about the next crucial steps, visit my blog at www.renaefulton.net.

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Location:
Mississippi De Soto County
Tags:
first time homeowner
steps to buying a home
choose a real estate agent

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the lamp to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the graph to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Show All Comments
Rainmaker
251,610
Tina Maraj
RE/MAX North Orange County - Fullerton, CA
Fullerton, California Real Estate 714-403-7901

Hey Renae,

Nice blog. You may want to post to the Post to Localism group. Welcome to AR.

June 01, 2007 12:31 PM #1
Rainer
11,037
Renae Fulton
First National Realty - Southaven, MS
GRI
Hey Tina, Thanks for your info!
June 01, 2007 08:41 PM #2
Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the foot to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Show All Comments
Rainer
11,037

Renae Fulton

GRI
Ask me a question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the foot to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase: