First Time Home Buyers
Are You Searching For Your First Home In Connecticut?
One of the boldest decisions you will make in your life is purchasing a home – especially if it’s your first time. As a first time home buyer with no prior experience, the chances are that you’re full of anxiety and confused on the right steps to take to secure your dream home. In all actuality, buying a home isn’t really a complicated process – or could be if you don’t really understand the basics of home buying. In this piece, we’ll take you through the basics of buying real estate which will help you in buying your first house.
Analyze Your Financial Strength
First things first, you need to know your financial capabilities. How much do you qualify for, how much can you borrow, or what is your credit standing? It is critical that you get your numbers right before going on a wild search for a home. If these are too complicated for you to evaluate, you may need to consult with your accountant who will check and give you professional advice. Analyzing your finance helps you determine your worth and what you can afford.
Know What You Want In a Home
When shopping for a home, be sure it is one that fits your choice. Before you start searching for a home, make a long list itemizing all the things you’d want on your property. It is advisable that you make a list based on what your immediate needs and wants are. Also, mark out the things you’d love to have in your new home, but can live without. One can never tell, you may have to compromise.
Hire a Reputable Home Buyer’s Agent
An exclusive buyer’s agent can assist you with finding a perfect home that meets your expectations. When you hire a reputable agent, he will access what you want in a home and how much you’re willing to spend. As an agent, he knows where the ideal houses are, and will help you secure one that best suits you. Hiring an exclusive buyer’s agent is a sure way to protect your interest while shopping for your dream home.
Hire a Professional Home Inspector
Once you have been suggested a number of homes by your agent, you may decide to drive through the neighborhood and check out the activities in the area. Yes, that, you can do by yourself. What you cannot do by yourself is inspecting a home. Unless you are one, you’d need the services of a professional inspector when buying your first home. A competent inspector will be able to identify the leaking pipelines or the electrical systems that need upgrading, and offer you advice whether to buy or not. Also, inspecting a home is great because it gives you a kind of bargaining chip. Each door that needs replacing is an avenue for you to cut down the cost of the home. Most fundamentally, hiring a home inspector will help you identify potentially hazardous conditions of your soon-to-be home.
Steve Schappert is Connecticut’s Home Buying Pro. Schappert is a buyer’s agent, a nationally recognized exclusive buyer broker and an award-winning Connecticut Home Improvement Contractor. Schappert is uniquely qualified to help you locate, negotiate and renovate your dream home or investment property.
“A Buyer’s agent represents the interests of the buyer in a real estate transaction. The Buyer’s agent’s responsibilities to the buyer are: undivided loyalty, obedience, diligence, disclosure, confidentiality, accounting, and reasonable skill and care. All duties are fiduciary — they are owed exclusively to the buyer – NOT to the seller.” – CT Dept. of Consumer Protection
A buyer’s agent can work for a traditional agency which can put you at risk. Traditional agencies take listings and promise to get the top price for the seller. If you don’t work with an exclusive buyer brokerage that Never takes listings, you will likely end up signing a dual agency agreement.
Buyers Trust is an exclusive buyer brokerage. We NEVER have a conflict of interest with representation. Buyers Trust never ever represents the seller. At Buyers Trust Real Estate & Investment our life doesn’t revolve around trying to get paid by both sides. You can’t promise to get the best deal for both sides in a transaction. Think about divorce attorneys representing both spouses. At our first meeting we promise to do our very best for you and nobody else. Throughout the transaction that never changes. You will never be asked to sign a dual agency agreement.
Hiring a Connecticut exclusive buyer broker is the best decision you will make regarding buying a home in Connecticut. When NBC, Kiplinger’s Financial, Woman’s Day Magazine, The New York Times, Real Estate For Dummies & The Learning Channel (TLC) wanted to learn more about buying real estate, they called Steve Schappert and you should too!
Call Steve Schappert Today to Start The Connecticut Home Buying Process
203-994-3950 Email [email protected]