Apopka Florida First-Time Home Buyer Tips
It's easy to make mistakes as a first-time home buyer. Quite frankly, you don't know what you don't know! Unlike repeat buyers, you don't have past experience to pull from. So, you likely get lots of advice from many difference sources, some of which may be conflicting. We thought it might be helpful to provide some Apopka Florida first time home buyer tips to help you get started.
1. Obtain a Pre-approval
We encounter many buyers who want to start seeing homes but don't actually know what they can afford. This can be a big mistake. It can be heartbreaking to fall in love with a home only to find out that it's above your price range. Also, the shopping phase can be a bit tiring for buyers, especially if they are viewing the wrong homes. It's in a buyer's best interest to know what they can afford and to focus on seeing homes in that price range. Obtaining a pre-approval is the most important of our first-time home buyer tips.
2. Distinguish Wants from Needs
Most buyers, whether first-time or experienced, have a long list of desired home features. It's nearly impossible to find a home that has everything on that list. However, it may be possible to find something that covers most of the list.
By separating your "needs" from "wants," you can make your home criteria more reasonable. It can also be useful to distinguish what features must come with a home versus what can be added later. With low inventory on the market, this exercise will identify more properties to consider.
3. Hire an Agent
Our first-time home buyer tips wouldn't be complete without mentioning that you should hire an agent. As a first-time buyer, you need the guidance and support of a professional. Sure, your friends and family all have advice to give you, but they don't actively work in the real estate market and may not understand the dynamics of the current market. The market today is much different than it was 5 or 10 years ago. Working with an agent ensures that you receive the right type of information to help you make smart home buying decision.
4. Don't Believe Everything You See Online
Everything is on the Internet these days and it's easy to think that you can find everything you need there. However, in this age of "fake news" and sites based on opinions rather than facts, it's hard to know what information is reliable. Additionally, some national articles provide generalizations that don't necessarily apply to your particular market. A local agent knows exactly what is going on based on first hand experience!
More First-Time Home Buyer Tips
The above are just a few preliminary first-time home buyer tips. There's a lot more to know and learn when buying your first home. Let our team help you through it. Contact us today to get started. We look forward to working with you!