3 Tips for First-Time Home Buyers | TIME-MONEY
So you want to buy a home? Have you started looking on Trulia and Zillow for your dream place? Well, stop right now.
“It’s so easy to find homes online,” says real estate broker Ryan Serhant, host of Bravo’s Million Dollar Listing New York. “[People] go out and start shopping based on what they think they want, when at the end of the day what you need—the home you’re going to buy—has nothing to do with what you think you want on day one.” He offers these three tips to first-time buyers:
Get pre-approved. Find out how much you can actually afford to spend.
Use a broker. Buyer’s brokers are paid for by the seller, so it’s no cost to you.
Buy within your means. “The economy is in a funky place,” says Serhant. “Do not stretch yourself, because you never know what can happen.”
You’ve outgrown your current home and are ready to make some serious moves. Million Dollar Listing New York host Ryan Serhant has these three tips for how to do it.
Find a home you can grow into. Don’t look for a house that fits you today without thinking about how much you’ll like it in five or 10 years.
Focus on natural light. When it comes to resale, good natural light is the number one thing, statistically, people focus on. “If you have good light coming through, you will have a much better chance at selling than somebody who did not get a place with good light,” says Serhant. VIA http://time.com/money/4095911/home-buyers-real-estate-tips/