Home Buying in 01915>Question Details

Corinne Bird, Home Buyer in Hamilton, MA

Any advice for a first time home buyer?

Asked by Corinne Bird, Hamilton, MA Thu Sep 6, 2012

Help the community by answering this question:


You need assistant to narrow your search to those homes that fit your exact parameters to find that perfect home and guide you through all the steps in your process to buy a house. You need the expertise of a Real estate agent. Contact one as soon as possible.


Maria Cipollone
1 vote Thank Flag Link Fri Sep 7, 2012
Find a buyer's agent that you feel comfortable with. A buyer's agent will work for you and their fee is paid by the seller. A good buyer's agent will help to educate you on the buying process and the market that you're interested in. Helping you to find a home is only a small part of their job.

Get a mortgage pre-approval before you start looking at homes. Your agent can recommend a good Loan Officer if you don't already have one.

I believe that finding a home is more of an elimination process than a selection process. If there are 20 homes for sale that fit your criteria, see them all and continue to compare the property you're viewing with the best one you've seen. When you've seen all of the homes on your list, you'll be left with the best option for your budget.

Be realistic with your expectations. If your budget doesn't allow you to get everything that you want, figure out what features and attributes are mort important to you and be prepared to compromise.

Most importantly, enjoy the process. You've decided to take a very exciting step. There will be stressful times during the process, but overall this should be a happy time. A good agent and loan officer will make the whole process more enjoyable and keep the stress level down.

Good luck!
1 vote Thank Flag Link Thu Sep 6, 2012
Dear Corinne,

You should educate yourself about the home buying process so that you are comfortable when you go out looking. There are books on the subject, one of the best ones is Home Buying for Dummies. It will cover most of the aspects of home purchase. Once you have an idea of what to expect, you can move forward to interviewing good "Buyer Agents". Buyer Agents have training in working with Buyers and will help and guide you all along the way.
0 votes Thank Flag Link Tue Mar 19, 2013
The best thing to do if you are a first time buyer is to go to a mortgage expert, and find out how much you qualify for in a mortgage. When you have that information its time to find a location you like. Plan to drive around the different neighborhoods in the towns you like, and start looking for Open Houses on Sunday afternoons in those neighborhoods. Try to interview real estate brokers when you are visiting the Open Houses. You will find someone who suits your personality the more you go out. Don't settle for a broker who just wants to sell you something fast, but find someone who is patient, and explains things to you.
0 votes Thank Flag Link Tue Mar 19, 2013
- Get pre-approved, but look at your budget too to determine the right price
- Interview agents, and select a Buyer's Agent that is a good fit for you. Ask them lots of questions (years in the business, number of properties sold, make-up of their business - listings versus buyers, specialty areas, designations, and most importantly - get client references with names and numbers)
- Constantly ask questions throughout the process.
0 votes Thank Flag Link Wed Oct 17, 2012
Hi Corinne,

We recommend you research some significant sources of public information. For example, perhaps it is important to know if there are hazardous material spills or a superfund site in the area of your prospective new home.

Visit the Beverly MA Home Inspection web page on the United Inspection Service website for links to Home Buyer Resources. (Superfund sites, Hazardous Material Spills, Flood zones, and more)

United Inspection Service
0 votes Thank Flag Link Fri Sep 7, 2012
Best advise I can give you it to use a Realtor to assist you with your purchase.

Best of luck!
Web Reference: http://www.TheBeachLady.com
0 votes Thank Flag Link Fri Sep 7, 2012
My kids have all gone to Gordon College so far. Nice area, and if you can buy in there first time, good for you.

My advice: Get qualified first, remember this is not the last home you'll ever own, buy what you like but keep your first home something that will sell easily when you are ready to sell. Be careful of condos and home owner associations. If you do any work or have any work done - make sure you get the necessary permits, and take pictures of before during and after so the next owners will know how it was done. There is a lot more to know, but that will get you started.

Above all - use a real estate professional. You'll save time and bypass many potential problems.
(There are 2 Condos and 33 Single Family homes for sale in Wenham today.)

(Please note: when you choose an answer as a Best Answer, or at least give a thumbs up, it helps those who answer questions here.)
0 votes Thank Flag Link Thu Sep 6, 2012
I would add that it will help you greatly to work with an agent that has experience with and enjoys first time buyers. Her approach will likely include the type of hand-holding and engagement that will be a powerful addition to your home search.

Good luck to you!!
Jeanne Feenick
Unwavering Commitment to Service, Unsurpassed Results
0 votes Thank Flag Link Thu Sep 6, 2012
After you get your pre-approval, stick to your budget so you don't get into something that you can barely afford. Consider how easy or difficult it would be to resale your house if you wanted to move.
0 votes Thank Flag Link Thu Sep 6, 2012
Get a pre approval so you know what you can afford, what you payment can look like, and how much you may need for down payment and closing costs.

We offer the with no cost or obligation.
0 votes Thank Flag Link Thu Sep 6, 2012
If you're planning on taking on a mortgage make sure you first meet with your bank or mortgage company to establish your pre-approval. You want to do this for two reasons. One, you'll know exactly what you can afford and secondly, you'll need the pre-approval letter for any offer that is submitted.
You should meet with a realtor to understand the process. For a first time home buyer, or anyone for that matter, it can be confusing and you want to understand what will happen every step of the way.
Good Luck,
0 votes Thank Flag Link Thu Sep 6, 2012
If purchasing with a mortgage, be aware that a mortgage pre-approval letter is required in order to determine your price range and for any offers to be taken seriously, therefore visit with any licensed loan officer; also choose an agent to work with, he/she will be your best guide....
0 votes Thank Flag Link Thu Sep 6, 2012
There is plenty of advice on the internet. I would try to learn as much as you could about your particular market, your desired neighborhood, the financing available. I would interview several realtors. They are professional people who have been trained to help you with the buying process. you need to get refered to a lending institution and get pre approved. Check back in a let us all know how it is going. This is a great site to get advice.
0 votes Thank Flag Link Thu Sep 6, 2012
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