http://www.kw.com Most homes are being bought by first time homebuyers. And two thirds of first time homebuyers chose a home that is between 1,000 and 2,000 square feet. Put another way, if your home is in that size range, chances are good that it appeals to most first time home buyers. To learn more about the preferences of first time home buyers, talk to your local real estate agent.
VAMortgage.com Loan Specialist, Kevin Davis provides tips for first time home buyers.
http://helpwithforeclosure.com/ – Real estate buying tips. Realty buying questions answered here. Learn how to avoid home buying mistakes before buying your home. Tips for first time home buyer and second time home buyer. Buying a house help – click now for all your answers.
Looking to buy your first home? CNBC-TV18 gets you expert advice on picking the right property.
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7 Key Tips for First Time Home Buyers in Metro Manila
By Jake Bautista, PRC Licensed Real Estate Broker
1. Know Why You’re Buying a Home
Be crystal clear on why you want to buy a home. This is a significant financial investment that will affect you for years to come. It can be for building a family, to increase your quality of life by living 10 minutes away from work, or as a rental property for future cashflow.
2. Determine Your Monthly Disposable Income
Look at how much you can realistically set aside every month for years to pay for a mortgage. This will also help you assess the price you can afford and the loan you can take out.
3. You Gotta Have Savings
There are many expenses that come with purchasing a home. If it’s a ready-for-occupancy property, a downpayment of around 20-30% is standard for condominium units. There are closing costs for transferring the property to your name and other miscellaneous costs. You want to make sure you have a contingency fund for furniture, or construction if you’re buying house and want to make modifications. It’s always good to have a fund for home maintenance and any other unforeseen costs that may arise. That’s life.
4. Make Sure You Have Good Credit
If possible, it would be a good idea to already approach your bank officer and apply for a housing loan even if you haven’t chosen any property. This will show your credit-worthiness and how much you can potentially loan based on your current assets, income and credit history.
5. Determine Your Area
Decide which specific area in Metro Manila you would like to live in. North, South, East West? There are a million factors that can affect this. Proximity to family, work, commuting time, quality of the community, prices in the area and available real estate in the area must all be taken into consideration.
6. Determine What Type of Property You Need
What do you need? A house, a townhouse, a condominium unit or a lot? If you took into account all the previous tips, this will help you determine what you need. For example, if you want a property that you want to rent out to employees in Bonifacio Global City, it would most probably be a condominium unit. You also have to take into account your credit and budget in selecting this.
7. Consult a Real Estate Professional
This is a significant life decision that you don’t make every day, every week or every year. This requires a professional opinion. A licensed real estate broker who can offer you options on getting a home loan, and can save you a lot of time and money by avoiding crucial mistakes by first time home buyers. Getting complete information from a professional to make the best decision is a reasonable course of action for a move of this magnitude.
Be fully informed.
Contact us today if you want to explore what options are available for your 1st home or investment.
No pressure. No commitments.
Just complete and clear information so you can do what’s best for you and your family/future family.
Looking forward to connecting with you.
PRC Licensed Real Estate Broker
“Drive” by Nicolai Heidlas
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Are you getting ready to purchase your FIRST HOME?
Here’s Paul’s TOP 5 TIPS to getting yourself ready to enter the property market.
Homes.com House Smart Expert Barbara Corcoran shares tips for first time home buyers in this real estate market with WAVE Louisville viewers. For first time home buyer tips, visit the Homes.com blog on blog.homes.com.
As I prepare to move into our new home next week and after spending over 9 months looking for this house we learnt plenty of things about buying a house for first home buyers.
Here are my top 3 tips.
1. Be Patient
2. Don’t Fall In Love with the House
3. Sort Out Your Finances
Book a virtual meeting with me: https://calendly.com/thompsonfs/fhb-finance
Phillip Thompson & Thompson Financial Services are authorised representatives of Synchron, AFS Licence No. 243313.
Google Plus: Just kidding!
Visit http://www.homes.com for local homes for sale in your area. You’ve decided to take the next step and buy a home; congratulations! Purchasing a home is a huge step towards your financial future; it is one that will prove beneficial time and time again. To ensure this important move goes as smooth as possible, take a look at some tips Homes.com has supplied for you! Prior to shopping, make sure you know what you want in your first home. What are the must-haves? Then look at what you can afford-preapproval process comes into play here. Then find a real estate agent who can help you attain your first home. For more home living resources, visit our blog http://blog.homes.com.
First time home buyers in India need a lot of caution and due diligence before signing on the dotted lines of a home buyer’s agreement. The following tips are intended to guide first time homebuyers as they finalize one of the most crucial investment to be made.
घर खरीदने जा रहे हैं! तो इन बातों का ध्यान रखिये: एक माध्यम वर्गीर्य परिवार के लिए घर खरीदना बहुत बड़ी बात होती है, इतना अहम् फैसला लेने से पहले इन बातों का ध्यान रखने से यकीनन नुक्सान और धोखे से बच जाएंगे.
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