GEORGINA VILLA O'BRYAN
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Selling Real Estate By Design
Always Do the Right Thing. Innovate & Have Fun!

Tips for First Time Home Buyers-The Process

FIRST TIME HOME BUYERS are usually at a loss on how to begin their house hunting experience. Their instinct is to simply drive around the neighborhoods that they would like to live, see a “FOR SALE” sign and call the agent listed to view the home. Only 2% of Buyers actually purchase the home they first called on or the “Open House” they visited. So here’s a few tips to help you avoid some frustration.

1: Pre-qualify for a loan so that the Realtor knows what price range homes to show you. If you don’t know a Mortgage Consultant, contact a Realtor. We usually have a list of Mortgage Consultants you can pick from. Remember that the choice is yours.

2: Understand that just because you may pre-qualify for a $300k loan, you may not quite be comfortable with the monthly payments for that loan amount, so assess your expenses (current and future) to determine if you would be more comfortable with the monthly payments of a $200k loan rather than $300k.

3: Write down your criteria and separate them by “Must Have” and “Wants”  The “Must Haves” are those that CAN NOT be compromised such as good schools if you have children. “Wants” are those you’d like to have providing they can become available but you understand you need to be flexible and may not get that giant walk-in closet you wanted.

4: Pick a home that would be comfortable for your family now. That feels right. Remember that it’s simply a stepping stone and that you may be selling it after a few years to either upgrade or downsize depending on your family’s future needs.

Your first home is simply that. Very few buy their forever home the first time around.

And last, if you like the Realtor that helped you, do them a favor and refer friends and family. Remember to use them the next time around. Realtors are self-employed and count on a steady relationship with the Buyers and Sellers in order to feed their own families and survive.

Referrals are the BEST compliment you can give us!!

Best of Luck on your House Hunting !

Home-Buying-Timeline

Reviews

5user65284295

Georgina is on top of everything! She listens to what you are looking for and what price range you are looking at and finds homes that meet your requirements. She found our home for us in less than a week. We are so happy with the home she found for us and... (more)

5zuser20140605181350910

Georgina went far above and beyond in selling my house in Maitland in 2014. Of course she got my house sold quickly at a great price, but she also did much more. Since I now live over an hour away in Ocala, Georgjna met with my former tenant and received... (more)

5zuser20140618120814739

Georgina was a pleasure to work with!! She quickly grasped what we were looking for. We purchased a forclosure, which is no picnic, and Georgina was there every step of the way. She communicated well with all parties involved and made time to meet with us... (more)

Review GEORGINA VILLA O'BRYAN on Zillow.com