Buying a home for the first time is very exciting, but it can be overwhelming, too. Today, I have a few words of advice for those of you who are about to start the home buying process. For example, make sure you hire a buyer’s agent. A good buyer’s agent will take the time to explain the entire process to you. For more advice on buying your first home, watch this short video.
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Berkshire Hathaway Home Services
3000 E. Beltline NE
Grand Rapids, MI 49525
Office: (616) 447-7025
It’s very exciting to be a first-time homebuyer. Today, I have some advice you should know if you are about to start the process of purchasing your first home.
First of all, hire a buyer’s agent. A buyer’s agent will take the time to sit down with you, go through a consultation, and explain the process and all of the key players involved. They’ll tell you about the lender, title agent, seller agent, home inspector, appraiser, closing agent, and how everything works.
When you find a buyer’s agent you’re comfortable with, you make commitments to each other. The agent commits their time and energy to protect you throughout the process. The agent will pre-inspect homes to give you an idea of the condition of the property before the inspector gets there. They’ll also discuss different financing options you may have.
For example, if you’re buying in a rural development, you may qualify for no money down. You may qualify for Michigan down payment assistance, which gets you ,500 towards the down payment. Certain areas in West Michigan have state funding as well. A buyer’s agent will help you navigate all of your financing options and give you some guidance on where to live.
Finally, your agent will help you separate what you want in a property from what you need in a property. Ultimately, your agent will put you in a new place that you call home.
We love working with first-time homebuyers. If you have any questions, please don’t hesitate to reach out to us. We would be happy to help you!