When thinking of purchasing your first home, what are the necessary steps you should consider first, and do yo

Question

u consider a talking to a lender or a real estate agent first?

Answer 1

Hey, I saw your post- I'm a realtor in NC so I thought I would offer my help.  I specialize in helping first time homebuyers get into homes, so I know how important this purchase is to you!

Coldwell Banker (the company I work for) has the largest relocation department in the entire United States and we are able to find top agents for clients world-wide (no matter where they are currently living or where they are planning to move).  If you want to e-mail me, I would be more than happy to refer you to a wonderful agent in your area that will be able to walk you through every step of the way!  They will also be able to get you in touch with a lender that will be able to get you pre-approved for a mortgage a well!  Coldwell Banker's relocation department prides itself in making every client's home purchase as easy and as smooth as possible and only the area's best agents are referred!  Send me an e-mail, and I would be happy to tell you more! (Did I mention that this service is free to you? :)

Answer 2

i say a real estate agent nd i say the first step is in buying a house is budgeting of course then  you go by what you like the best if you can afford it

Answer 3

go to the first time home buyer in your community they give you a good deal.

Answer 4

If you have received recommendations from friends or family members on a lender, lender first.  If you don't know or don't have any, Realtor first.   Your Realtor can recommend a thorough, meticulous lender that will make the process painless for you.

Answer 5

Go first to a realtor, they can refer you to the right lender. The lender usually has realtors they work with but the agent has several lenders. Your realtor will help with every aspect.

Answer 6

think about what area you like. walk around it at night. see if you still like it.

research schools if you have kids or want kids.

yahoo real estate can help you with schools, prices, and more.

then go to a website like longandfoster.com or some other place you can search the multiple listing service for free and put in the area, how many bed rooms you want, and see what the prices are.

go to bankofamerica.com and go to the calculators

http://www.bankofamerica.com/loansandhom...

you can find out how much you can afford, how much monthly mayments will be, etc. for insurance usually 80 a month is good. keep in mind closing costs, for 300,000 home the closing costs are about 12,000. thats $$ you have to have when you settle. you downpayment should be between 10 and 20 percent. you cant get a govt loan if you put down more than 20 percent. if you put less than 10, they wont usually loan to you because they dont think you are invested in the house.

Answer 7

If you have never purchased a home then by all means go to a Banker, not loan co's, and discuss the ramafications with him.  You will be glad you did.  Make sure you have the dollars to put aside for such an investment.  God Bless

Answer 8

you make sure you have a blouse on while you buy the house

Answer 9

I went through a lender. Just don't go right up to your budget.

Make sure you get a recommended inspector, my house was inspected my a complete moron, i found so many things wrong after i had already brought my house. Take an attorney to the closing, which is what i did. Look for a house with double glazed windows, there are still a lot of houses with old windows which lets in a ton of draft in the winter.

If you have a basement, find out if the house is in a flood zone.

Just a few ideas. Good Luck.

Answer 10

how much you have to put down. Location you want ,type of house you are looking to by  ie. basement-dry, 3-4 bedrooms garage, lot size,ranch or 2-3 story, then start with an agent once you found your house you need to have it inspected by a home inspector,cheap investment,trust me...goood luck