Luxury Realtor Nicole J. Needham on Top Tips for First-Time Home Buyers
San Francisco, California – October 14, 2015 – In the midst of Fall Selling Season, many individuals, couples, and families are looking to buy their first home. Nicole J. Needham, Bay Area Luxury Realtor, has amassed a collection of advice for every type of first-time buyer.
Before beginning the search, assets and market information must be taken into account. “Do your homework to fully understand what price range to look in. Often, this is more complicated than it seems at first glance” Needham strongly advises.
Credit checks are necessary before starting the search, as are mortgage estimates. Agreeing with many experts, Needham suggests taking approximately twenty percent less than the highest mortgage the bank offers. Your financial security is safeguarded by not accepting the highest offer.
Unless looking at a brand new home, improvement costs will also need to be taken into account. “Take time to have a professional inspection and find out what exactly you’ll be updating in the home. It’s inevitable that you’ll be making some changes, and these costs are far too often overlooked.”
The type of home to look for – Loft in the city, single-family home in the suburbs, etc – is a decision that many assume they already have the answer to. Location, neighborhood, specific needs, as well as lifestyle, are all important considerations when making this first major purchase. Many find that after actually assessing these needs and wants, the type of home they look for has shifted and end up happier with the outcome.
Nicole J. Needham can be reached in the Decker Bullock Sotheby’s International Realty office at 10 Beach Road, Belvedere, CA 94920, 415.309.5025. Her email address is nicole.needham@sothebysrealty.com. For more information and listings, please visit www.nicolejneedham.com.
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