Should I Rent or Buy? First Time Home Buyers – What To Expect As You Start Your Search!

Have you been thinking of switching from renting to buying but not able to fully commit? Unsure as to what you can afford? Not certain now is the right time? That is what we are here for!

If you are a first time home buyer the task of buying a home can be daunting. When you begin the sales process with our team we do a few things up front to get started.

  1. First we will ask you what you *think* you are looking for ranging from # of bedrooms, price, amenities, preferences, neighborhoods etc. We will set you up to receive MLS alerts for all properties that fit your search criteria. This is a great way to familiarize yourself with the market and to get out there and view properties in person! From there your agent will adjust your search to better fit your needs if necessary.
  2. Next your agent will walk you through what a *typical* timeline would look like if you were to buy a property. This will give you a better idea of the various steps that are involved in the home buying process and what can be expected. It will also be an indicator as to when you want to accelerate your search. Every sale is different so there are many factors that can change this but outlining the process helps people visualize what they are embarking on.
  3. If everything so far sounds manageable we will share what is required to actually submit an offer on a property. By being prepared with the items required to submit an offer it ensures you can hit the ground running and not miss out if you stumble upon your dream home early on. It also ensures we are ready to act in a super competitive market. This is where our knowledge and expertise comes in. We will work side by side to prepare a strong offer that we hope will make you stand out from the rest.
  4. Once you have decided you are ready to take the next step to home ownership we can share with you some great resources from attorneys, to mortgage lenders, and much more. If you don’t know where to start or don’t know what you can afford speaking with a mortgage lender is invaluable. They are the experts here! Leader Bank has been a great resource for our clients. Click here for a look inside their loan process.

With current mortgage rates so low it is a great time to start this process for yourself.

Download this Purchase Special from Leader Bank below.

If you are looking to buy your first home please email Boston@PresidentialProperties.us OR fill out the form on our website.

Our team is here to walk you through every step of the way.

Author: WeKnowBoston®

Presidential Properties knows the Boston real estate market. If you want to Sell, Buy or Rent in Boston hire us to receive the most time efficient service and knowledgeable representation. Come stop by the office, call, or shoot an email to Boston@PresidentialProperties.us to inquire about condos for sale, investment property, rental apartments, and / or just to chat about the market!

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