5 QUESTIONS YOU SHOULD BE ASKING AS A FIRST TIME HOMEBUYER

Studies have shown that more than 40% of homebuyers are nervous about the home buying process and consider buying a home as the most stressful event in their life.

As a first-time homebuyer, there are some important questions you need to answer before you start to search for individual homes.

What is my budget?

Before you begin the search for homes, determine the price range. You can do this by taking a look at the monthly budget and your savings.

Where should I live?

You will have to map out how close and convenient the home is to the places you visit regularly. It could be your office, the school, your parent’s home, or your favorite restaurants.

Why is the seller leaving?

Gauging the motivation behind the seller moving helps you understand how likely and motivated they are to negotiate and how serious they are about selling.

Should I work with a real estate agent?

You will be able to take a tour of the best properties that fall within your budget. It is easy to find real estate agents through referrals or you can meet a few agents and then decide who you want to work with.

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