March 14th, 2016 2:31 PM by Jodie Ford
Tips for First-Time Home Buyers
1. Draw up a hard budget and stick to it.
Let’s say you're interested in a Joint Base Charleston home, but you’re not sure it’s in your price range. Before you start browsing, it’s crucial that you iron out important questions such as, what is the most you can afford or what is your ideal price range? Enlist the help of a mortgage broker to help you arrive at a figure. He or she will be able to tell you how much the bank will lend you and at what interest rate. Keep your other expenses in mind and make sure you can afford this long term investment.
2. Make a short list of your non-negotiables.
Before you start seriously shopping, consider your lifestyle. Make a list of non-negotiables, -- from location, to square footage, to amenities -- that you must have in your future home. This will also help guide your realtor. And reevaluate your list as you gain a better sense of what's out there and what you want.
3. Use an experienced realtor who knows the area and the Joint Base Charleston market.
It is our job and we do this every day, so let us help you. We are there to help every step of the way and work for you at NO COST to you! A realtor will be able to help you negotiate, give you realistic expectations on closings costs and the timeframe it takes to close, and be there as a resource to help you make this important decision, an educated one.