Home Buying Process – A Guide For All First Time Buyers

By Author: Ross Jezzards
Total Articles: 1
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The entire process of home buying is, however, a difficult one especially when there’s so much involved for you to take care. Keep in mind the facts, details, and follow all guidelines involved in the home buying process. Read the article until the end and get complete information about the home buying process for first time buyers –
1. Figure out your budget: This is one of the most important things to do and not usually something that can be easily ignored. Knowing your credit report would mean you have the necessary information about your account balance, this helps in making the right decision of investing. Remember to take your time calculating exactly how much would you like to spend on your new home, and if spending that much amount is actually worthwhile.
2. Find the right real estate agent: In the process of buying a home, it is essential that you meet the right real estate agent because that would mean finding the house easily. Choose the real estate agent specific to the location where you want to buy a home; make sure you tell him about all your requirements, expectations and budget. Give your ...
... real estate agent some time before you can finalize a home in the city.
3. With the agent find the right lender: Your property agents will help you choose the right lender for you. Since the agents are connected to a number of lenders in the location it becomes easier for you choose among the suggested ones. Make sure to interact with the lender as soon as you come in contact with him, this will help you develop an understanding of him. Ask questions whenever necessary and do not hesitate – this is the first time you’re buying the house and shouldn’t hold back on any queries that you have related to the property.
4. Look for the perfect home: With the help of the agents you will be able to find the perfect home for you, but it is always good to do your personal research and come out with plenty of options. A perfect home would be the one that not only has all the amenities that you demanded in the first place but also matches your budget.
5. Negotiate counter offers: Never should you buy property at the exact rate they tell you (unless of course, it is really worthwhile). Negotiating would get you the same property for a lesser cost, which means you will be saving some part of the total amount. Ask your property agent to do the negotiation for you if you think you will not be able to do it on your own.
6. Move in: Everything said and done, the property is ready for you to move in and that’s what gives the most happiness. Move in, but before that get the house insurance done – this may not be important currently but definitely needed in the longer run. And, happy moving day!!!
Follow this 6-step home buying process and be happy with your first big investment.

Jezzards are a leading London and estate agent in Surbiton dealing with properties for sale, properties to let, rental properties, property management, new homes, mortgage advice and financial services