5 ToDos For FirstTime Homebuyers

Dated: 08/28/2019

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There’s a lot to consider when you’re buying your first property. Make sure you do these five things before you make an offer.

  1. Make a checklist and use it. Determine what features are essential to you and refer to your list when viewing properties. Your list may change, but it can be a good starting point.

  2. Consider all of your expenses. When you’re calculating what you can afford, be sure to factor in other expenses like taxes, insurance, commuting costs, and utilities.

  3. Ask for the paperwork.If you’re looking at property in a homeowners association, request a copy of the HOA rules before submitting an offer to see if you’re willing to abide by them.

  4. Research funding sources.You may qualify for homebuyer-assistance programs based on your profession, income, or the property’s location.

  5. Think about resale value.You may appreciate a home’s unique features, but will potentialbuyers love them when you’re ready to sell?

One of the best decisions you can make you’re ready to buy your first home is to hire a REALTOR®.These professionals have the experience and knowledge to help you reach your real estate goals.

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Legal Disclaimer: The material provided here is for informational purposes only and is not intended and should not be considered as legal advice for your particular matter. You should contact your attorney to obtain advice with respect to any particular issue or problem. Applicability of the legal principles discussed in this material may differ substantially in individual situations.

While Texas REALTORS® has used reasonable efforts in collecting and preparing materials included here, due to the rapidly changing nature of the real estate marketplace and the law, and our reliance on information provided by outside sources, Texas REALTORS® makes no representation, warranty, or guarantee of the accuracy or reliability of any information provided here or elsewhere on texasrealestate.com. Any legal or other information found here, on texasrealestate.com, or at other sites to which we link, should be verified before it is relied upon.

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Olga Vega-Carter

Se Habla Espanol. Olga Vega-Carter is a licensed Real Estate agent with SPI Realty. Olga Vega-Carter, a native of Port Isabel, Texas, is a member of one of the founding families of the Laguna Ma....

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