Most home buyers begin the process with anxiety, excitement, nervousness and fear. It’s completely natural. A home is the largest and most expensive purchase that most people will make in a lifetime. The experience can either turn out to be a complete financial disaster or a smart long-term investment for first time home buyers.
The person standing between the experience being a huge financial mistake or a valuable asset is you, the agent. Still, the agent can only help as much as the buyer allows. As vital as having an experienced agent by their side is, there are things that first-time home buyers must do.
Here is a list of tips to help first-time home buyers help you the agent do the best job that you can do. When approached by a first-time home buyer, share this list to help them get off on the right foot.
- Tell Your Agent Everything: You don’t want any surprises and neither does your agent. Let your agent know upfront about any financial issues on your credit report. Be as detailed as possible about your goals and be flexible.
- Make Lists: Write out a list of the things that you want and a list of the things that you need in a new home. Share this list with your agent so that they can better help find what you are looking for. Update or add to your list as you think of things and share those changes with your agent.
- Keep Notes: Your agent is going to keep solid records of the homes that you see. However, you should also keep your own notes as you go to open houses. After each home, share what you liked and what you didn’t like with your agent. That will help him or her narrow the search down for you.
- Organize Your Documents: Keep your documents organized and all in one place. If you have a pre-approval letter, keep that with you on house hunts in case you decide to make an offer. Any documents that you will need like inspection reports or appraisals should be readily available as you search for homes.
- Stay Positive: Maybe the most important tip for first-time homebuyers is to stay positive. Even after you have found the home that you want, made an offer, and had it accepted, the process of closing the deal can sometimes take longer than you’d like. Stay positive. If you’ve looked at several houses and still haven’t found what you want, stay calm. Trust your agent to get it right for you.
Speaking with an Agent
An agent for first-time homebuyers is an invaluable asset. An agent can help you to navigate the process when you are unsure of what to do next. If you are ready to seriously begin shopping for a home, you need an agent now. Rely on Carmel, IN real estate experts like the Albrecht Team to provide trusted advice. Contact us at 317.580.9955 or send an email to Team@KeithsHomes.com to learn more!