Are you a first-time homebuyer ready to hop into this hot market in the Great Baton Rouge area? Buying a home for the first time is very exciting! Taking time to learn about the real estate process will help you to be more informed and prepared, resulting in LESS stress. While there are many steps in the buying process, here are 3 quick tips to help you get started.
Determine Your Budget
First things first. You need to determine how much home you can afford. This is a very important initial step in the home buying process. While a bank or mortgage lender will approve you for a price you qualify for, you need to feel confident and comfortable with how much you spend. Take a deep dive into your finances and take a hard look at your numbers to help you decide how much of a mortgage payment you can afford each month.
Make a Wish List
Now comes one of the fun parts. It's time to make your wish list! How big? How many bedrooms? Do you want a single-story or a two-story? Office? Media room? Make a list of all the amenities of a house that you want. Once you make your list then it's time to narrow it down. Be sure to categorize the amenities as "must-haves" and "wants." This will help you when choosing which houses to look at.
Work with a REALTOR
You want a trusted and qualified real estate professional as your partner throughout the real estate process, especially when you are a first-time buyer navigating this new, exciting experience. This is an incredible achievement and you should feel proud! Be sure to ask your REALTOR any and all the questions you have about the real estate process. From day one to closing, our agents will diligently work with you every step of the way and have your back. Contact a RE/MAX First to help you get started buying your first home!