The Real Estate Book of Tacoma/Pierce County Issue 16-9 Serving Joint Base Lewis McChord & The Greater Pacific Northwest 16-9 | Page 15

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7/6/12

1:41 PM

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Tips For First Time
Home Buyers
Contact any top agent advertised in this magazine today.
They are the most professional local real estate market
experts, giving you the utmost confidence in
purchasing your first home.

1. Be choosy, but realistic.
You may never find the perfect home.

2. Do your homework before looking at homes.
Determine exactly what features you want in a home and which are most important to you.

3. Get your finances in order.
Examine your credit report & be prepared for down payment or closing cost.

4. Get pre-approved for a mortgage.
Talk to a lender NOW – before engaging a REALTOR®.

5. Know your move-in date.
When does your lease end?
Are you allowed to sublet?
How tight is the rental market in your area?

6. Think long-term.
Are you looking for a starter home, or something to stay in for a long time?
This could influence the type of home you decide to purchase, as well as the type of
mortgage terms that might best suit you.

7. Don’t become “house poor”.
Buying the biggest home you can afford may leave no money for maintenance, decor,
or renovations. Plus, it may make it hard for you to save money for other financial goals.

8. Don’t take chances.
Obtain a professional home inspection and, if possible, a warranty from the seller to cover
any defect within the first year.

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