Advice for first-time home buyers
Buying a home for the first-time can be overwhelming if you aren’t prepared. We know this firsthand, so we asked some of Georgia’s Own to give advice to first-time homebuyers. What we wish we had known before buying a home:
You actually need more money than the cost of the house (earnest money, closing costs, etc.). I didn’t think they were actually going to cash the earnest money check. – Will M.
The most important thing about a home is not how it looks. If the size, space and location will be right for you five or ten years down the road, the rest can be fixed. – Laura S.
Be available at all times to do whatever’s asked of you, and quickly! The process can be stressful, so be prepared. – Eve Y.
I wish I had known I could add funds to our loan for renovations. It would have been helpful to know beforehand. – Kaye E.
Look in all of the cabinets and closets. Not to snoop out what they have, but to get a better idea of the condition of the home. – Rebecca M.
Purchase at a lower price than your budget so you can get the repairs done your way. Don’t trust the sellers to get the repairs done completely or the way you’d have them done. – Cassie W.
Set up bi-weekly payments from the very beginning! It’ll help so much in the long run and is not something anyone told us. – Kristin H.
I wish someone had let us know how property taxes can vary greatly by county! – Abby C.
Be sure to look beyond just your mortgage payment when considering whether you can afford it. Houses will need repairs. – Kaitlyn R.
Have an emergency fund! Our septic tank flooded not long after moving in. I wasn’t prepared for the headache or cost involved with fixing it. – Andy C.
With a house comes maintenance and upkeep. Budget for those extra expenses and stay on top of routine upkeep to prevent major issues down the road. – Becky B.
Get a home inspection during the due diligence time frame and request the sellers fix anything beforehand, especially anything major. – Alex Q.
There are lots of costs leading up to the purchase. Be prepared for those extra costs and fees. – Grace H.