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Tips for First Time Homebuyers


Buying a home is always a big deal. Even here in Brevard County, where just about every house is a gem, you still want to put plenty of thought into this kind of investment. Being a first time home-buyer can be nerve-racking, to say the least. A lot rides on this decision.

This is why the first thing you should do is get serious about your budget. You want to have this figured out a good three to six months before you actually purchase a home. A timeline like this will give you months to cut out any unnecessary things you’re currently spending money on. It also gives you time to keep a clean credit score for lenders to review.

Once you have your budget, don’t budge from it. Life can throw all kinds of unexpected costs at you. The last thing you want to do is have a mortgage payment that makes it impossible to afford something you didn’t prepare for.

When you finally begin looking at houses, never neglect the importance of being able to resell it in the future. Too many first time homebuyers fall in love with a place, based mainly on the fact that it’s so cheap. What they don’t understand is that the price is so low because so few people want such a unique property. This will become your burden when you try reselling it.

Always consider the area you’re buying in too. Fortunately, in Brevard County, there’s really no bad place to live. However, your address will determine where your kids go to school, how long your commute is and more.

Along the same lines, take time to research the areas you’re considering. One of the main things you’ll want to do is speak to neighbors to get their take. Drive through the neighborhood at different times during the week too, to get a sense for what living there would be like.

Finally, make a list of the essentials you and your spouse must have in a home. That way, you won’t become distracted by superfluous features as you go through house after house. You may find something that really grabs your attention, but if it wasn’t on your list, there’s probably a reason for it.

Being a first time home-buyer can be a harrowing experience, but the above advice should help make things a lot easier on you.

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