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First Time Home Buyers: 3 Questions To Ask Yourself

Posted on: March 21st, 2012 | No Comments

How to Purchase a Home?

 

If you’re planning to buy your first home soon, there are 3 major questions you should ask yourself! Take a few notes and see how quickly your answers narrow down the deluge of housing options out there.

 

What Do You Want In A Home?

When you picture your new home, what are some of the aspects that are essential? Take a look at this list and see which elements you can’t live without.

  • Utility Room
  • A Certain Number Of Bedrooms/Bathrooms
  • An Office Space
  • Outdoor Living Area
  • Carpet Or Hardwood Floors
  • Open Floor Plan
  • Dining Area
  • Upstairs/Downstairs

 

How Much Can You Afford?

Your budget doesn’t have to be seen as a hindrance in your search for the perfect home. In fact, knowing how much you can realistically spend on a home can free you from worry! Be sure to factor in the interest rate, yearly property tax, and property insurance. Seek out a realtor or find a budget calculator online to make this process even easier! Mortgage rates are always in flux – they can change multiple times each day – so seek out a loan officer who can help you find the right time to take the next step.

 

What Will A Home Inspection Cover?

A home can look perfect on the outside and have all the features you want and still have serious (and costly) issues. A good home inspection will include a conscientious examination of the home from roof to foundation. The air conditioning system, plumbing, and electrical system should also be checked for any problems. A thorough home inspection will also take into consideration any porches, walkways, decks, or stairs. The drainage systems also need to be examined to make sure water doesn’t damage the outside walls.

 

After The Purchase…

Once you buy a home, you’ll have to do maintenance on certain items each year! Read the Inspect It 1st whitepaper Home Maintenance Tips For First Time Home Buyers for an easy guide to keeping your home in fine form.

 

 

Martin Lenich Martin Lenich (136 Posts)

In addition to owning his own Inspect-It 1st franchise, Martin Lenich is the General Manager of Inspect-It 1st. Mr. Lenich’s expertise spans over 25 years in the inspection, design, and construction industry, branding and marketing, technical and operational management, risk management, technology implementation, as well as training. As a leader of the Inspect-It 1st team, he continuously identifies opportunities to enhance clients' experiences with Inspect-It 1st, and to keep Inspect-It 1st positioned as the industry's Gold Standard in residential and commercial property inspections. Inspect-It 1st inspectors, “provide the right balance of technical detail and business sensitivity to the art and science of property inspection” – Martin Lenich.




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Our home inspection company's history began in 1991 with the establishment of American Home Inspection. Over the course of the following seven years, a home inspection business prototype was developed that could be implemented anywhere in the United States. Our founders believed they had a unique methodology of providing homebuyers and sellers with consistent, professional and unbiased home inspections.

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