Shopping Cart
Your Cart is Empty
Quantity:
Subtotal
Taxes
Shipping
Total
There was an error with PayPalClick here to try again
CelebrateThank you for your business!You should be receiving an order confirmation from Paypal shortly.Exit Shopping Cart

Legacy Realty, Inc.

Residential Real Estate Sales

Blog

Blog

Be A Savvy First - Time Buyer!

Posted on August 27, 2017 at 6:25 PM

Buying a home can be a little daunting, especially for first-time home buyers. Here are some pointers for those entering this arena for the first time.

If you're seeking a first home in the same general area where you now rent, you may be inclined to do all your shopping on weekends. But weekends are when competition heats up for the best properties.

By taking some weekday time to view homes could be the early bird who puts in a successful offer on a home-even before a weekend "open house" is held open to the public. If the economy is robust, you may need the competitive edge that a weekday search could give you relative to rival purchasers.

Be ready to jump immediately when you find the right home.

By now, most homebuyers are aware that they should get with a mortgage lender and qualify for a home loan before they go house hunting.  But only 20 percent of would-be buyers take that first step and fewer take the time to get a letter of "pre-approval" from the lender. There's no substitute for asking a lender for a letter indicating exactly how much you can borrow.

You can avoid the disappointment of selecting a property beyond your reach by asking a mortgage lender for a "pre-approval letter" before you become emotionally entangeled with a property. Such a letter could also give you a competitive advantage if you're facing other rivals for the same home. It makes a good impression on the seller to have one of those letters from the lender. Currently, it's a seller's market and some sellers are having to deal with multiple offers. So be prepared and ready to make your best offer!

Get that home inspection!

Home inspections are very important regardeless if it's a resale or new construction, you should know what and if the home has any issues that should be addresssed. Your Realtor can be very helpful in assisting you with selecting a good home inspector that will do a very thorough inspection.

Don't let expected interest rate fluctuations drive your purchase!

The American economy produced some very low mortgage rates in tha last several year. Some economists believe rates will rise while others think they'll fall. No matter who you believe, it's unwise to let the expectation of minor interest rate changes drive your home selection. Even with a little increase in rates shouldn't cost you your dream home.



Categories: None

Post a Comment

Oops!

Oops, you forgot something.

Oops!

The words you entered did not match the given text. Please try again.

47886 Comments

Reply qiftqg
2:14 PM on June 1, 2022 
ventolin inhaler proventil albuterol
Reply dbrgxd
10:36 AM on June 2, 2022 
azithromycin without a doctor's prescription z pack antibiotic zpak
Reply Esperanza
1:26 PM on June 2, 2022 
???? ????????. ?????: ????????????,
???????.. ?? ?????? ?????? ??? ?? ????.
Tube — ???????? ?????? ?????? ?????????.
Reply qek39y
8:31 PM on June 2, 2022 
ivermectin tablets can you buy ivermetin at the counter
Reply amiskbem
8:00 AM on June 6, 2022 
furosemide 40 mg tablet
lasix
furosemide
over the counter diuretic cvs
lasix tablet price
Reply Sdvillgub
10:40 AM on June 9, 2022 
Biotech AB
Tegs: Biotrend https://chimmed.ru/manufactors/catalog?name=Biotrend

lexogen gesellschaft m.b.h.
lexogen.com
lgc genomics gmbh
Reply roivrb
7:44 AM on June 11, 2022 
coupons for free asthma inhalers albuterol
Reply ecwxzh
11:37 PM on June 11, 2022 
albuterol inhaler over counter albuterol inhaler without dr prescription
Reply smadaVog
7:46 AM on June 13, 2022 
where to buy viagra generic how many men take viagra
Reply ovappes
11:45 PM on June 15, 2022 
buy viagra jelly online where to buy viagra over the counter male and female viagra tablets
Reply GPrielodelilp
4:43 PM on June 17, 2022 
buy neurontin 300 mg pill
Reply NPrielodelihi
4:50 PM on June 18, 2022 
pregabalin 75 mg us
Reply lljqqolqelei
11:16 AM on June 20, 2022 
???: ?????? ? ???? http://clck.ru/rbT4C ??? ?????? ? ???? ?????? ?????
Reply MPrielodelioc
1:09 AM on June 21, 2022 
pregabalin 75 mg over the counter
Reply Tom
7:15 AM on June 22, 2022 
hop over to these guys
Reply Maddison
9:46 AM on June 22, 2022 
???????? ???