Woodhill Homes Blog

This was given to us by the OAPERI, located in Bend, Oregon. We have found it very informative, and so therefore are putting up the info here as part of a series (5 Steps for first time home buyers).

STEP FIVE, IF YOU MUST SETTLE, DO SO WITHIN REASON

Finding you dream house as a first time home buyer might be somewhat of a stretch, especially if you are limited by financial reasons. You might have to lower your expectations slightly to purchase a home. That doesn’t mean that you have to choose a house that doesn’t suit you. Instead, make a decision to sacrifice some of the things you desire in a home that can be added later.

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This was given to us by the OAPERI, located in Bend, Oregon. We have found it very informative, and so therefore are putting up the info here as part of a series (5 Steps for first time home buyers).

STEP FOUR - NARROW DOWN YOUR SELECTION

Many first time home buyers have difficulty making a decision about a home to purchase. After several days of home searching you may find yourself with several houses to choose from. This can make it difficult since you’ve probably forgotten many of the houses since visiting them. You should narrow down your selection of houses as you go. As a matter of fact, it is a good idea to only have three houses in mind at any given time.

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This was given to us by the OAPERI, located in Bend, Oregon. We have found it very informative, and so therefore are putting up the info here as part of a series (5 Steps for first time home buyers).

STEP THREE – CHOOSE YOUR BROKER/AGENT CAREFULLY

The real estate broker you choose will play a major role in the home shipping process.  Not only should you choose a broker that is reputable in the market, you should also make sure that you feel comfortable communicating with the broker.  It is helpful to work with a broker that has experienced working with first time home buyers.

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This was given to us by the OAPERI, located in Bend, Oregon. We have found it very informative, and so therefore are putting up the info here as part of a series (5 Steps for first time home buyers).

STEP TWO – GET PRE-APPROVED FOR A MORTGAGE

Once you have done the work to clean up your credit report and pay off your minor debts, you, as a first time home buyer, should get pre-approved for a mortgage through a lender. When a lender pre-approves you for a mortgage, you are given an estimate of the amount of mortgage you will be approved for based on your credit history, debt and income. With this pre-approval amount, you have a price range that you can use to shop for a home.

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This was given to us by the OAPERI, located in Bend, Oregon. We have found it very informative, and so therefore are putting up the info here as part of a series (5 Steps for first time home buyers).

5 Steps for first time home buyers

The first time you approach a task is usually the toughest. That’s because you are most unfamiliar with a situation the first time you go through it. The same is true for purchasing a home. First time home buyers sometimes have the most trouble with purchasing a home because of your inexperience. Here are five steps to help first time home buyers purchase their first home successfully:

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