Associate Broker, GRI, licensed in Washington &
California; 28+ years
experience with homes, acreage, HUD Repos. & recreation property
for retirement or relocation
Sellers & Buyers agent
Cell 509-936-1655
Toll
free 800-598-9001
email Sharon
for a free Home Buyers Guide or Home Evaluation
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FIRST TIME HOMEBUYERS
First-time homebuyers face a steep learning curve.
There's much to know, much to learn, and a great potential for
"rookie mistakes"- -with potentially costly consequences.
Here are some basic issues to consider.
1) rushing into the transaction , become familiar with the local
market before making a purchase offer.
2)Not asking enough questions. It may be uncomfortable to ask
questions but ask anyway.
3) Searching in vain for the ideal house. A buyer who turns down a
house that meets most criteria may lose the best available property as
well as good financing in market conditions change. However, avoid jumping
on the first property you see but don't drag their feet when you find a
house you love.
4) Avoid overbuying. Preapproval can help determine a reasonable
target price range and also identify the mortgage programs which can work
best for you.
5)Waiting for 20 percent down. Instead- consider VA, FHA and loans
with private mortgage insurance.
6) Be Realistic, enough space? parking? Good construction?
Low maintenance?
7) Zoning, ask about zoning for the surrounding area also.
8) Representation, Ask
about buyer brokerage services so you can have equality at the
bargaining table. Let me help you prepare before going into the
marketplace.
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