When Brandon and I began the process of looking at houses to buy, I was clueless. I had no idea what the process was like. Terms like “Days on Market” or DOM, “market value”, “tax exemptions” and “closing costs” were a foreign language to me. I can’t believe I’m admitting this, but I thought that when you bought a house, you mortgaged what you paid for the house. I didn’t know or understand that closing costs were additional!
My experience over the last several years has taught me that many first time buyers are in the same situation as I was. They are ready to ditch their apartment and eager to look at houses, but are unsure of the buy process. While purchasing a house is a smart decision, it’s so important that you are prepared. Along with having a Buyer’s Agent, it’s key to have a good understanding of the process. Before you even begin to look at houses online, please make sure you know these five things first!
If you are a seasoned homeowner, I’d love for you to share a great piece of advice you received when you bought your house! Leave it in the comments below.
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