First-Time Homebuyer

Q. I'm a first-time homebuyer. What should I look for? 

A. It is very important for first-time buyers to be vigilant and do their research before buying their first property. First-time homebuyers are more prone to being impressed by what they see on the surface and ignoring hidden defects that can cost a lot to correct later on. This is especially true if you are considering a “fixer-upper.” People tend to grossly underestimate the real cost, both in dollars and time, of fixing up a house.

The first and foremost thing that determines the quality of life you are likely to have in your new home is the neighborhood it is in. You want to be in a place where you feel comfortable and can form new relationships. You may want to talk to some of the residents of the area. They are most always candid and forthcoming and this will help a great deal in determining if this is the right place for you. 

A community located away from the hubbub of the city may seem like a good idea at first, but one has to think practically about the convenience of shopping, schools and travelling to work. 

Does the house have the right spaces for you? There are two ways to think about this - a practical way and an emotional way. Both are important. A house may have enough rooms and storage for your needs, but if a particular room doesn't feel right, pay attention to your gut. This is especially true when it comes to master bedrooms and kitchens. 

Another thing to consider is the outside space. If you like to garden or the kids or your pets need an enclosed yard, make sure these needs are factored into your decision to buy. 

These are just some of the initial considerations when buying your first home. I spend considerable time talking with my clients about their needs and desires before we look at homes and I'd be more than happy to discuss this further with you if you're planning to buy. Just give me a call.