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Tips for First Time Home Buyers

Tips for First Time Home Buyers

Welcome to one of the most exciting times in your life! Of course, being a first-time home buyer is extremely exciting, but there are a ton of emotions that come along with that excitement. It can be overwhelming, exhausting, and stressful too. The Oklahoma City movers at All My Sons Moving & Storage have a few tips to keep this time exciting for you. Read on to find out more.

Know Your Budget

You must know how much you can financially take on. Many homeowners get themselves into big problems when they overestimate how much they can afford. This was what caused the housing market to tank a few years ago. Try to avoid this by planning and not taking on too much financial responsibility. Oklahoma City movers suggest getting a pre-approved loan.

Decide the Best Type of Home for You

You have the option of a traditional single-family home, townhouse, condominium, or apartment. It might be a good idea to make a pros and cons list for each type of property you’re considering.  If you’re looking to have a bigger piece of property, but have a smaller budget you should consider purchasing a fixer-upper. Decide which type of home best suits you and your budget and then start looking at properties.

Hire Professionals

Finding the perfect property for first time home buyers is no easy task. Real estate agents, real estate attorneys and mortgage brokers are here to help you. These professionals can assist you in the entire process from start to finish. A good real estate agent can protect you from any problems you may encounter during the buying process.

Have a Home Inspection

The home you’re looking at might seem in perfect condition, but there’s really no way to tell other than having a trained professional inspect the property. They will check for the overall safety, quality, and condition of your new home.

Close or Move On

Now that you have decided your budget, what type of home is best for you, hired the professionals and had the property inspected, it’s time to close on the house. You should bring whoever you have hired to help you along for closing. Closing is pretty much signing a lot of paperwork in a short period of time. Having your realtor there can help you make sure that nothing falls through at the last second.

Get Familiar 

Once you have picked a location to live in, get familiar with it! You want to be comfortable in your new home and comfort comes from familiarity. Take time to explore the local restaurants, shopping centers, schools, etc.

Ignore the Housing Market

Don’t look at any other properties and don’t wonder what your house would have or could have sold for if you waited. The only time that the housing market matters is when you are going to sell your house.

Once you’ve closed on the perfect home, contact the Oklahoma City movers at All My Sons Moving & Storage for top quality full-service moving.