Prepping to Buy Your First Home

Prepping to Buy Your First Home

Full coffee cup with 'begin' written on itOne of the biggest milestones you will reach in your life will be deciding to become a homeowner. But before you take the leap, make sure you set yourself up for easy transaction and a good home buying experience. Check out the tips below to ensure it!

Do your research and find a good agent. Familiarizing yourself with the home buying process before beginning your house hunt and finding a knowledgeable, experienced agent to represent you can make all the difference in securing your dream house and paying the best price for it. Pay off other debts. Before you take on such a big, expensive purchase like buying a home, dedicate yourself to paying off your student loans, car loans, and credit card debt. Not only will this allow you to live more comfortably while you’re in your new home but it will allow you to be a better candidate for a home loan. Save for the down payment. The majority of home buyers don’t pay in cash for their home, but the more you are able to put down, the better financial position you will be in. Create a budget early on, stick to it, and start saving well before you start seriously looking for your home. This will also help you determine the price range to search in. Be patient. If this is your first home purchase, the process can feel intimidating and overwhelming and you may feel like you’ll never find a home that meets your wish list and is in your price range. But don’t lose hope. Stay patient and trust the process and your agent.

*About Windermere Homes & Estates*

Windermere Real Estate is the largest regional real estate company in the Western U.S. with over 300 offices and 6,500 agents serving communities in Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, Oregon, Utah, Washington, and Mexico. Last year, Windermere closed 77,000 home sales for more than $36.7 billion in dollar volume. The Windermere family has a proud heritage of serving our neighbors via the Windermere Foundation which funds services for low-income and homeless families. Since 1989, the Windermere Foundation has contributed more than $40 million towards improving lives in the communities where we live and work. For more information, visit windermere.com.

Windermere Homes & Estates donates a portion of the proceeds from every home purchased or sold to the Windermere Foundation, which supports low-income and homeless families in the community. What started in 1989 as a grassroots foundation serving families in need in Washington state has grown to encompass eleven states and has raised over $38 million for programs and organizations that provide shelter, clothing, children’s programs, emergency assistance and other services to those who need our help the most.

Windermere Homes & Estates was founded by Rich Johnson in 2013 and has been setting the standard ever since. The forward-thinking company has opened 17 offices and hired more than 500 agents with awards such as the Brokerage Achievement of Excellence and the Standards of Ethics, awarded by the San Diego Association of Realtors® (SDAR). Creating a “3rd place” for agents to collaborate and connect on a daily basis both virtually and in person has been a key factor in Windermere Homes & Estates’ success.