Real Estate Guide for First Time Home Buyers
Buying a home for the first time can be scary, but as with anything else in life, the right preparation brings about good results. Remember, the right home for you is one you want and can afford. Berkshire Hathaway C. Dan Joyner, REALTORS serves Greenville, Anderson, Spartanburg and the entire Upstate, SC area. Our real estate team has prepared a guide for first time home buyers to highlight important factors to consider as you take those first steps toward owning a home. For additional information, please contact a REALTOR today.
Find out what you can afford
Trying to figuring out how much you can afford to pay and the fear of being rejected for a home loan are two of the main concerns for first-time home buyers. Our calculator will help you determine how much home you can afford.
Get pre-approved for a mortgage
Once you get your numbers in mind, the second step is to get pre-approved for a loan. There are many types of loans available, some specifically designed for first time home buyers. So it’s important to explore all of your options with a mortgage company. Plus, most REALTORS won’t work with someone who is not pre-qualified for a home.
Define what you want
It helps the process if you do a little research and know what areas appeal to you, what type of home you want and what features are important to you. Once you narrow down the field, it’s time to find out what homes are available. Search homes for sale in Greenville, Anderson, Spartanburg, and other Upstate, SC areas. For additional real estate information, you can also contact one of our REALTORS.
Visit Upstate SC properties for sale
Now you’re ready to visit houses. Your C. Dan Joyner REALTOR will arrange showings and help you keep track of the properties you’ve seen. Your REALTOR can also help you understand the Upstate SC real estate market and help you identify the features that will be best suited to your needs.
Rate the houses you tour
After touring each home, write down what you liked and didn’t like. Develop a rating system that will help narrow the field down and take lots of pictures.
Make an offer
Once you’ve pinpointed your dream house, it’s time to get serious about the financial and contractual side of the home purchase. Your C. Dan Joyner REALTOR will be a strong advantage since you and the seller have different goals, and your REALTOR will handle the negotiations on your behalf.
Arrange for a home inspection
After your offer is accepted, set up a home inspection. It’s common to find problems, including leaky roofs, cracked walls, insect infestations and foundation problems. Your real estate professional can help find a reputable home inspector and will negotiate to get you the most for your money once the inspector’s report is final. If you negotiate home repairs as part of the purchase, ask for a “walk through” before finalizing the paperwork.
Before your closing date, make sure you’ve made all necessary deposits and completed the paperwork – including mortgage, title, homeowners insurance and any other paperwork required by local or state governments.
Prepare for life in your new home
Before rolling out the welcome mat, consider some moving basics: arranging for an alarm company, turning on electricity, water and gas, cleaning or replacing the carpet, and notifying your local post office of your new address. The best time for renovations is often before you move in.
Serving Greenville, Anderson, Spartanburg, and surrounding Upstate, SC areas
Berkshire Hathaway HomeServices C. Dan Joyner, REALTORS proudly serves the Upstate, including Greenville, Anderson, Simpsonville and Spartanburg, SC. Our REALTORS can help first time buyers find their dream home. Contact us today to learn more or to get started with your home search.