Purchasing a home is a huge financial and emotional commitment, so it's important for first-time buyers to approach this process pragmatically. If it's your first time buying a house, following this advice can make your life a whole lot easier:
Calculate what you can afford – Many people make the mistake of looking at properties before they know what they can afford, and this often leads to disappointment when they find that the home of their dreams is out of their price range. Check out Bankrate.com's mortgage calculator here.
Consider hidden costs of homeownership - "While buying a house is a great way to build wealth, maintaining your investment can be labor-intensive and expensive," states MSN Real Estate. "When unexpected costs for new appliances, roof repairs and plumbing problems crop up, there's no landlord to turn to, and these costs can drain your bank account. So consider whether you're ready for the expense and effort of homeownership before pulling the trigger."
Find a reputable Sacramento real estate agent - A great realtor can guide you through the home-shopping process from beginning to end, which is invaluable for first-time buyers who often don't know what they're getting themselves into. When deciding on a Sacramento real estate agent, you'll want to choose one who has a long history of successful transactions. It's also important to work with someone with whom you have a good rapport so you can trust that you're on the same page.
Over the years, Jon Hesse has become one of the most successful real estate brokers in Sacramento and the surrounding area. If you're interested in buying Sacramento, El Dorado or Placer County real estate, make the smart choice and contact Jon to find out why he's the right broker for you.