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10 steps to buying your first home
Buying your first home can and should be a fun, exciting experience. It
will probably also be the single largest investment you ever make. For this
reason, it is important to be involved and informed. Use the series of steps
below to make your home buying experience smooth and enjoyable:. Continue...
How much can you afford?
Three elements are crucial to the purchase of a home: the down payment,
closing costs and the mortgage. Find out how these components will help
you choose your new home.Continue...
Choosing between a new and existing
home
With their belongings neatly stashed in cardboard boxes, the Smiths entered
the market for a new home. The scenarios played out before them. Unsure
whether to choose a new home or existing home, they sought out the help
of a realtor and a home builder.Continue...
Choosing the right builder
Whether you are buying a condo, a townhouse, a house in a subdivision,
or a custom built house, you want to know that you are buying a good quality
home from a reputable builder.Continue...
Rent vs. Buy, which one is right
for you?
Buying a home is part of the American dream - the centerpiece enclosed
by a white picket fence. The purchase is a long-term investment and part
of finding roots within community. It's also a big responsibility. Continue...
Choosing the right realtor
Although realtors might specialize in either existing homes, new homes
or a particular area of town, across the board, a local expert said experience
is a key factor in choosing a realtor. Continue...
Selecting the home for you
Finding a home that suits your needs is a very personal experience. Everyone
has different tastes and different needs, so the home for you may not
be the home for everyone. Kids, price and location are just some of the
factors you will have to think of when looking for a house. Continue...
Choosing a neighborhood
When you buy a home, you also buy part of a neighborhood. The two are
inseparable and what neighborhood your new house is in is important to
take into consideration before you make an offer. Continue...
Home Buyer's Checklist
Whether you're still browsing through your first set of homes or are comparing
the finalists, this handy printable checklist will help you make the final
decision based on a feature for feature comparison. Continue...
Negotiating tips
Negotiating the price for your new home doesn't have to be a stressful
experience. You can be a successful negotiator if you keep a few things
in mind.
First, remember, an informed buyer is a confident one. Negotiations
may be like snowflakes, no two are the same, but one thing that can help
you in every negotiation is information. Below is a list of questions
that will allow you to become well informed heading into negotiations.
Continue...
Home Architectural styles
Ever wonder what the difference between a Salt Box and a Dutch Colonial
is? How about a Greek Revival and a Federal? Well, we've got a very useful
list of residential Architectural styles that can assist homebuyers in
knowing just what they are looking at. Continue...
Walk-through checklist
A house is a big investment and you need to make sure there are no unexpected
surprises in your new home. The last thing you want to worry about when
you are about to move in is whether your electrical system works, whether
the basement leaks, and whether you have an insured warranty to cover
it. Continue...
Durability: How long something lasts
has a profound effect on the cost of home ownership
A home is a lifetime investment. Did you ever wonder, though, how long
the components of that lifetime investment might last? Continue...
References
Confused about what some terms mean when searching for a home or looking
through the classifieds? Let us help. Take a look through our lists of terms
to learn the lingo of buying and selling a home.
Real Estate Terms
Mortgage Terms
Classified Ad Terms
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