Brand new construction or an old classic house — which is best for you? The thought of being the first to live in a new home can be enough to sway many towards the first option, but there are also many who believe they simply don't make homes like they used to.
The truth is, there isn't a right or wrong answer. Both new homes and old homes can be perfectly viable options and solid investments. However, our real estate agents believe it's important to consider the pros and cons of both before you make your decision. Here are some important factors to consider:
When you finally find the perfect home, it can be hard to hold back your excitement. Shoppers often want to act fast and submit an offer as soon as possible. However, before rushing into things, remember buying a home is a big decision and one of the largest purchases you'll ever make. It's important to take a step back, do your research, and evaluate all the property facts.
When our clients finally find the right home, our real estate agents always encourage them to take these steps before submitting an offer:
Diving into the real estate market for the first time can be fraught with uncertainty. From deciding where to live to negotiating a contract, there are many big decisions to make, and it can be easy to make mistakes along the way.
According to our real estate agents, the best way to prevent mistakes is to do your research and work with a qualified expert. Here are some of the most common mistakes we see first-time home buyers make:
Buying a home is one of life's largest expenses. If you're a first-time buyer, it can be challenging to determine exactly how much you need to save before making a purchase. Closing on a home involves many different payments, fees, and taxes. Keeping it all straight, let alone coming up with accurate estimates, can be difficult, to say the least.
Buying your first home is a major milestone, but in today's market, it can often feel like the cards are stacked against you. Rising interest rates, high prices, and low inventory can make purchasing your first home a challenge. But if you're planning to hit the real estate market this year, don't be discouraged. According to our real estate agents, patience and preparation are the keys to successfully buying your first home in 2022. Here are some tips we often share with our clients: