Here are the 15 steps to buying your first home;
1. Establish good credit.
2. Raise your credit score.
3. Save for a down payment & closing costs.
4. Keep detailed records of money spent.
5. Develop a financial plan.
6. Establish a relationship with an agent.
7. Study market values.
8. Get Pre-approved for a mortgage.
9. Decide your needs and wants within your budget.
10. Shop for the right home.
11. Learn about the elements and terms of a sales contract.
12. Choose the right neighborhood.
By the way, you should be So Lucky! Just visit my web site at http://www.aatrealty.com/ you will be surprised. Just in October, I am offering up to %75 of my commission as a rebate to the home buyers.
♥♥ Regards ♥♥
TORANG NAZMI
☎ 972-897-5718
http://www.aatrealty.com/... more
Hi Chris,
All great advice so far! I live in HIghland Village and know that there are not very many lots left within our city. There are a few scattered lots in Highland Shores and then there are two subdivisions, Chapel Springs and Highland Oaks that have lots left through builders.
From personal experience, making sure that the lot has all of the proper surveys and soil tests done on it is a big first step. The soil in North Texas is different from lot to lot. Does the lot need piers and if so, how many? What are builders typically offering for warranties? My husband and I built our home before I was a real estate agent and I wish I would have had the guidance to ask the important questions!
One thing I encourage clients who are building homes do is to hire an inspector to do a building inspection. It will run you about $600 but this inspector will work in conjunction with the building superintendent to make sure the home is built not only to code but also to stand the test of time. Once sheet rock goes up, you don't know what is behind those walls! I've wondered if the food wrappers and Coke bottles were going to be cleaned up or left. My guess is left! The inspector comes out at key points during the process like foundation, framing, electrical and plumbing.
Please let me know if I can answer any more questions about this process. I have lived in Highland Village since 2004 and love it!
Tricia Hoffmann
Team Nelson... more
Hi, Typically "sold as is" means that the seller makes no warranties about the home and you get what you see, inclusing any work that may be done etc.
Christopher Pagli
Licensed Associate Broker
Accredited Buyer Representative
GREEN Designated Agent
William Raveis Legends Realty Group
914.406.9023... more