First-Time Homebuyer Tips 05:07. Before shopping for a home, it’s important to set your priorities and decide which is more important to you: space or location. If you settle on this in advance, you can make thought-out decisions during the home-buying process and avoid the unsettling feeling of buyer’s remorse.
Obtaining a pre-approved mortgage is a must as it lets sellers know that a financial institution is backing up any offer you make. Also, choosing a home before you know how much you can pay for a home is, well, a big mistake. This is one of the most important things first-time home buyers need to know.
And while buying again is a whole re-education process with new market trends and regulations, this time you’ll also need to learn the ins and outs of being a first-time. agent for home prep. Curb.
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5. Other Types of Documentation Your lender will need to copy. Consulting with a lender before you start the home-buying process can save a lot of heartache later, so gather your paperwork or print.
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5 Things First-Time Home Buyers Must Know. by realtor.com. 03/26/2019. Buying a home for the first time can be terrifyingly intimidating-there’s so much to learn! Start with the basics. Here’s.