9 Top Tips When Buying A House For The First Time

Frenz Hub Lifestyle

Head over to your bank and speak with a loan officer. They will help you calculate your debt to income ratio. 

1. Outline Your Budget

These are non-negotiable qualities of the home that you need in your life. These deal-breakers can make or break your decision to pull the trigger on making an offer.

2. Determine Must-Haves

Having these ready to go in one easily accessible folder can save time and streamline the process with your bank.

3. Gather Documents

Find the right real estate broker, or agent, as they can make or break the process of buying a house. Find one that you trust and has your best interests in mind.

4. Find an Agent

As daunting and monumental as this purchase is, don’t be afraid to take the leap on at least putting in offers where you’re interested. 

5. Make an Offer

You have one week to perform due diligence, which includes completing a home inspection (never skip this!) and getting all the details on the home from the current owners.

6. Perform Due Process

Everything nowadays is done via DocuSign. It’s easy to skip over the content and sign. Take your time to read before you sign anything!

7. The Paperwork

Speak with current owners, and ask for documentation, receipts, manuals, and anything else you want to have for your records.

8. Ask Questions

Once you have completed all due processes, settle on the house you want and make the final move. 

9. Make the Choice