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Tips for First Time Home Buyers


Blog by Geoff Walker - RE/MAX Absolute Walker Realty | July 4th, 2023


Purchasing a home is a significant milestone, and while it can be exciting and fun, it could also be a little bit scary for some. It's important to approach the process with careful consideration. The Walker Real Estate Group is here to provide their expertise for first time home buyers, and be there every step of the way with their honesty and determination, while helping you find what suits your needs, and your budget. These tips will help you with the easiest route to finding and purchasing your first home.

  1. Get pre-approved for a mortgage: Obtain a pre-approval from a reputable mortgage broker or your bank before starting your home search. This will give you a clear understanding of your budget and help you act quickly when you find the right property. Pre-approval demonstrates your seriousness as a buyer and can make your offer more competitive.
  2. Create a wish list: Make a list of your preferences and priorities for your future home. Consider factors like location, size, number of bedrooms and bathrooms, amenities, school districts, commute times, and proximity to essential services. This will help you focus your search and make informed decisions.

  3. Work with a reliable real estate agent: Engage a qualified real estate agent with experience in the local market. An agent can help you navigate the process, provide valuable insights, negotiate on your behalf, and guide you through closing.

  4. Plan for additional costs: In addition to the purchase price, budget for closing costs, legal fees, moving expenses, potential repairs or renovations, and ongoing homeownership costs. It's essential to have a comprehensive financial plan to avoid surprises.


Remember, buying a home is a significant commitment, so take your time, do thorough research, and seek guidance when needed.  Choosing the right realtor will make the whole home buying process feel like a breeze. We’re here to guide you, support you and assure you are making all the right decisions, especially when it comes to buying your first home!