4 (More) Tips for Buying Your First House
Last week we discussed how to make the home buying process less daunting and shared some tips to make buying your first home a great experience. If you missed part 1 of this series, you can view it here for even more tips to make buying your first home a great experience.
1. Act Quickly In many markets, especially here in the Denver Metro area, homes are not spending much time idling on the market. In many cases homes are going under contract within just a few days of being listed. What that means for you is that you should check out any new homes that come on the market as soon as they become available so that you don’t miss out on a great opportunity.
2. Pay Closing Costs In a hot market like ours you need to take every advantage that you can. This may mean offering to pay for the closing costs on a home to make your offer appear stronger, especially if there are others interested in the property.
3. Accept Defects It can be easy to fall into the trap of wanting everything in your new home to be picture perfect. Be reasonable about what you request from the seller, as asking for the sellers to repair every little thing can weaken your offer. Remember, it’s a hot market out there and you want to present the strongest offer possible.
4. Get Educated Being well informed about your local housing market can give you a definite edge when looking to purchase a home. Having a knowledgeable professional who knows the local area and can answer your questions is a great advantage to have.Contact me if you’d like to learn about the conditions in your local market. I’d be happy to help you navigate the exciting adventure of purchasing your first home.