If you are in the market as a first time home buyer then first and foremost, congratulations. Owning a home is a big responsibility, a bigger investment and it can change the entire trajectory of your life. Oh yes, and that sense of pride you feel, that is called being a homeowner (just wait until you sign the contract!). As exciting as this time in life is, however, as the attached video reminds us, there are some things to watch out for before signing your name on the dotted line.
Here are a few of those pitfalls mentioned that any first-time home buyer or anyone buying a home should try to remember.
Avoid Expectations:
Yes, you are excited and ready to go. The problem is, that there will always be an unknown, unseen, or unexpected problem or two when buying a home, so always be flexible and expect the unexpected. That also means it might be a good idea to learn a little about home disclosure laws too.
Home Inspection Requirements:
What many new homeowners are surprised to discover is the importance and value of home inspections. From loan eligibility to urgent home care concerns, understanding the home inspection report isn’t optional. So take your time, read the inspection thoroughly, and get help with anything you don’t understand.
These and other tips are also what the aforementioned video discusses, and hopefully, they will help make your home-buying experience and your new home a good one.