10 tips for first time home buyers
TRANSCRIPT
things toremember whenbuying your first10 HOME
Know what you can afford. Securefinancing before falling in love with a
house! This is to avoid anydisappointments and to keep the joy in
house hunting.
Location is key. Buying in an affordablegood area is always a better investment in
the long run.
The school district will affect thehome value – the better the
schools in the area the more yourproperty is worth.
A larger down payment is alwaysbetter. This is not money lost.
Reserve some cash for homeimprovements.
When inspecting your new home don’tbe scared to ask questions, you have
the right to know what’s going onbehind the walls.
Always write dates! Dates of agreedoccupation, you don’t want to be
homeless for a month because of a smallslip up like no written agreement on
occupation date.
Read all documentation when buyinga home, it may seem like a lot, butyou don’t want any surprises down
the road.
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Don’t Commit before you are ready –Research all costs involved andlegalities before committing to
purchasing your first home.
Always negotiate the price. The worstthey can say is no.
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