5 To-Dos for First-Time Home Buyers
You've decided that your first home should have three bedrooms and a big yard, but what other steps have you taken?There are a few other tasks you'll be glad you took care of before submitting an offer.
- Determine what's important to you. Create a list of your must-have features and refer to it when viewing properties. Your priorities may change, but it can be a good starting point.
- Ask for documents. If you're viewing property in a homeowners association, for example, request a copy of the HOA rules to review and ensure you're willing to abide by them. Look into assistance programs.
- You may qualify for homebuyer-assistance programs based on your profession, income, or the property's location.
- Consider all expenses. When calculating your housing budget, be sure to factor in expenses like taxes, insurance, utilities, and commuting costs.
- Think about resale value. You may appreciate a home's unique features or location, but will potential buyers love them when you're ready to sell?
