My Wife and i are in the process of buying our first home what advice can you give us.on owning a first home.

it`s going to be our first home and want it to be very special we already approve for a loan our next step is finding that dream house. but we need all the help we can so that we woun`t get scam from crucked sellers who prey on other people we.aness. thanks the maximay`sMy Wife and i are in the process of buying our first home what advice can you give us.on owning a first home.
Square one hire a good home inspector try ASHI (the American Society of Home Inspectors) web site they can set you on the right path and help you to avoid buying a money pit. The best question to ask your Realtor is ';Who would you use to inspect a home for you or your family'; when he/she answers the question check them out on line or with your state department of consumer protection to be sure they are licensed (licensing is not required in some states)My Wife and i are in the process of buying our first home what advice can you give us.on owning a first home.
My best advise is this. Go to your local realtor agency, talk to the realtor and find the one that you and your wife feel comfortable with. Do be afraid to go to a different agency if you felt the realtor is not helping you. Remember it's your money and peace of mind. Do a little homework yourself. Check out the realtor licenses and with the BBB talk to the people you know (your neighbor and co-work) that owns an home see which realtor they've used. Most importantly, get yourself a real estate attorney to check the contract before you the dotted line.
Hello, The most important advice I can give is to remember, no one is looking out for you except you. Not that anyone is doing anything wrong, but the other parties will be looking to make the most money and get the deal done as fast as possible. Unless you hire a buyers agent, the realtors (even the one showing you properties) work for the seller (check your local laws and disclosures)


See my other post on looking for a property.


Regarding various costs, you have to shop around for closing costs and other mortgage fees. You do not have to use the suggested title agency. Ask for a break out of closing costs. Your realtor will look at you like you are crazy. I shopped the title closing and saved $900 as the original company took out lots of fluff and I took out extras that were not needed. Call your insurance agent or find one and have your own insurance lined up, again shop around every detail. Good luck
Get a Realtor to represent you as a buyer! When properties are listed for sale by Realtors their listing agreements include a clause about sharing their commission with Realtors who represent buyers, thus having someone solely representing your interests, and not the sellers, won't cost you anymore than you would have to pay without one.


A good buyer representative would not only help you through the buying process of finding the right house for you, but aid you in proper negotiations, inspections, requests for repairs, etc. A really good one will likely have a list of reliable inspectors and lenders they have known to be honest and competitive. It is fine to be wary of the ';cruked sellers'; but also be wary of the potential predatory lenders. When you find the right house, your head may be in the clouds or stressed out completely and it is good to have someone who has been through the process many times to hold your hand ... especially when it won't cost you any more than without one.
The only people that are there to scam you are the Realtor both your and the sellers , the loan officer and the market in general. Can you really trust any body that has to tell you that there the honest one and it is the other guy that make a bad names for every one else.





Right now the whole housing market is one big scam do you really think prices have jumped like they have as a result of fare business practice and honest and fully disclosed market conditions?





Any time there are big jumps in profit or sales you better know why or this could be a red flag or a warning that some one is not being total honest, thus a scam. Check out this web site and see how they have scammed the market and made this housing bubble and decide for your self if there is a honest and true housing market.





Best of Luck
Need a good Realtor?





I can recommend an experienced Realtor from your area that will give you OUTSTANDING service! I work with a network of Realtors across North America.


http://www.pauld-kw.com


http://www.bhammls.com/dziedzic





I will personally guarantee the service my friend will give you.
We are in our first home and we felt we paid a fair price for it. We were looking at houses for about a week and our realtor told us there was a home in our price range and our area of interest. We asked to be allowed to see it on the first day and we put an offer in right away.


Our priorities were in this order:


size of yard


neighborhood


nice house (well-kept and large enough)





Upon getting this house, we noticed a few mistakes on our part because my husband did not get a full visit of the house prior to putting the offer down. We found several do-it-yourself mistakes that former owners had made like adding on a room and not making the ceiling level!! The tile in the bathroom is buckled a bit. No big deal. There is a hallway floor that did not meet the wooden floor in the office room squarely: it had been cut very jaggedly. Most of the windows are older and quite drafty, as are the doorways. The toilet worked fine for about a month and then it ';ran'; continuously for a few weeks until we fixed it (our water bill was very large that month).


To make my long story short: be happy with the broken or imperfect things and fix what you can or pay someone to redo the little mistakes.
Ask the company that preapproved your loan to suggest a real estate agent. As a buyer, you don't pay them - the seller does. When you find a house you like have every possible inspection done. Electrical, plumbing, roof, general inspection, etc. You'll pay apx $100 per inspection but it is money well spent. Make appointments to look at the house several times, not just once or twice. Takes friends and family with you to look at the house, to see if they notice something you don't. Remember that you can put anything in the contract that you want. The last house I bought, the yard looked like a salvage yard. I included in the contract that the seller would remove all ';garbage, trash, rubbish, discarded items';. The yard was very clean when I moved in!





A good real estate agent will look out for you with your best interest in mind, because they want to keep a good reputation and want repeat business.