As a first time home buyer, you risk venturing into the home buying market underprepared for all the unforeseen quirks of buying a new home. We’ve put together a list of tips to help you prepare for some unexpected things you should know before closing on your first home.
This seems obvious, but many first time home buyers are too susceptible to outside influences when buying a new home. Once you’ve started your search, your agent may recommend homes that don’t tick every box on your checklist, or come with something extra. You should not necessarily turn these suggestions down, however don’t let yourself get pressured into buying something that you either can’t realistically afford or doesn’t suit your lifestyle. Make sure you have a solid idea of what you need in a home, and what nice-sounding tidbits are irrelevant. It doesn’t matter how many people have seen the home before you, or how much the realtor tells you about the amazing resell value in so many years. If it’s not right for you – either in terms of budget or lifestyle – don’t get pressured into it.