Guide To First Time Home Buying
Buying your first home can be an incredibly exciting time as well as life changing and stressful. We have prepared a few tips to help guide you through the maze of finding a home, making an offer and making sure it gets accepted.
Is It the Right Home for You?
Most of the times, your first home might not be the last, so while you are looking for that first step on the property ladder, you want to make sure it is the right investment. In a few years time when you feel ready to step up, you wont to make sure your investment paid off.
Look into location – is it convenient for commuting? That will ensure your investment is well protected as an easy commute is something most first time buyers are interested in.
Can You afford it?
We all had to start somewhere, so it might not be that beautiful forever home you dream of, but it is a great first step towards it. Making sure you secure a mortgage is essential before starting placing offers. So a sound financial check and pre-approval for a mortgage will raise you chances in searching the right home and offering the right price.
Will Your Offer Be Accepted?
As a first time buyer, you have that benefit of not having a lengthy and complicated chain you depend upon. That, together with having a pre-approved mortgage makes you a highly desirable home buyer for sellers, as it means less potential surprises later on in the transaction.
Look at previously sold homes in the area to make an idea of current values and go with a realistic offer that you consider fair and that you can afford.
The Waiting Game
Even if you might miss out on a couple of homes you had your heart set on, the right one will still be out there. Buying a home is a process and only by constantly keeping an eye on the market and being in a position to buy immediately will bring the right home to you.
As estate agents with 30 years experience, we understand the local market and are happy to advise and guide you toward that first home buy. The areas we serve (Dumbarton, Paisley, Clydebank and Helensburgh) all have great potential for first time buyers as they have great value homes in commuting distance to Glasgow and beyond. Just check our current books or give us a call to find out how to secure your first home.