Resources & Discounts
▶ First Time Home Buyers – 10% off
▶ Veterans/Active Members Military – 10% off
Download Checklist Rescources
The following resources are for New Home Buyers and real estate agents. these check lists will help you view the new home from a Home Inspectors viewpoint and help you assess the condition of the home. Remember, it is always best to hire a professional Home Inspector to make sure the home you are buying does not have any major problems or potential problems that could cost you thousands of dollars after you buy the home.
For YHOP or LHOP's first time home buyer's class, download this outline!" (LHOP = Lancaster Housing Opportunity Partnership - www.LHOP.org YHOP = York Housing Opportunity Partnership)
First Time Home Buyers & Realtors
Being a first-time home buyer can be exciting, frightening and downright overwhelming. As a home buyer, you want to make sure that you're making the right investment and getting the best value for your dollar. When you endeavor on this journey to buy your first house, there are a million questions that you have. One of the main questions is, where do I start? Often, first time home buyers make the mistake of searching for a house before they know what they can qualify for. What that means is, they often look for big beautiful houses that they cannot afford. A lot of this unnecessary work and getting your hopes up high only to be disappointed can be alleviated by following a few simple steps One major piece of advice for first-time homeowners is to find out what you qualify for before you begin searching for a home. It doesn't make sense to look for a house that's selling for $250,000 when you can only qualify for a house that's worth $175,000. Unless you have $75,000 for a down payment, you are more than likely setting yourself up for disappointment. These types of mistakes can take the fun out of searching for your new home.
First time home buyers, things you should know.
The real estate market can be a cutthroat and an unforgiving industry. For a first-time home buyer, it can be quite intimidating when you take on this process by yourself. There's so many things to consider when buying a home. Some of the major factors to consider when making a decision to buy a home include:
- ▶ Your credit standing
- ▶ How much money you have saved up for a down payment
- ▶ Closing costs
- ▶ Appraisal fees
- ▶ Home inspection fees
This list could go on and on. If you don't have someone in your corner that can be your advocate, you could get lost in the shuffle with a long laundry list of things to do. This type of scenario can cause you to give up altogether if you're not prepared. Being a first-time home buyer does not mean you have to be overwhelmed and inundated with details. There are professionals who specialize in helping first time home buyers get over the many hurdles they will encounter during the process.
Why are home inspections important?
Home inspections tell the truth about a house. They give you an idea of what's going on behind the walls. The curb appeal of a home could look extremely enticing to the naked eye. As you walk through the foyer of the house and look at the kitchen, bedrooms and bathrooms, you become excited about all the possibilities of how you can make this your home. Home inspections look beyond the cosmetic aspects of a home. They can tell you what's wrong with the home and give you an indication on serious issues such as:
- ▶ Electrical issues
- ▶ Plumbing issues
- ▶ Termite damage
- ▶ Foundation issues
Not only are home inspections great for spotting issues that the naked I cannot see, they could be used as a bargaining tool to negotiate a lower price on a home. Whether you are a new home buyer or an experienced home buyer, it is wise to always get a home inspection because the naked eye cannot tell what's going on behind the walls of a home
- ▶ Down payment assistance
- ▶ Special funding resources
- ▶ Tax credits
- ▶ Closing cost assistance
These are just some of the many resources that first time home buyers can take advantage of. When making the decision to purchase your first home, it is wise to do your homework to determine which resources are best for your situation. Many of the resources available also provide education for you as a new home buyer. When making the biggest investment you'll ever make in your life, you can never have too much education when it comes to purchasing your home. First time home buying resources not only give you financial assistance, they also give you information to make you more prepared before signing on the dotted line.
Real Estate agents and the first time home buyer.
This is another area where many home buyers become frustrated. Often, finding a real estate agent you can trust can be a daunting task. It's not as easy as doing an online search. You have to find a real estate agent that you can build a rapport with and one who's professional. One of the many questions that first-time home buyers have is, do they look for a home first or do they get qualified for a loan. Any real estate agent worth their weight in salt will tell you it is wise to get pre-qualified before you begin looking for a home. As mentioned earlier, you don't want to waste energy and effort in looking at beautiful homes only to be disappointed when you find that you cannot afford them. There is a wealth of information for real estate agents resources available to a new home buyer. A simple online search can provide you with a wealth of information that would be helpful in making your selection for a real estate agent.
Buying a home is the biggest investment that many of us will make in our lifetime. It is important to make sure you have the right resources and support system to help you during this process. There are numerous resources online and in person that can provide you with the information you need to make informed choices. With so many factors that go into buying a home, it is best to be as prepared as possible. Doing your homework before you begin the daunting task of searching for a home is often the best way to go. As you endeavor on this journey to purchase your first home, you want to make wise decisions and not get lulled into a purchase that you'll regret later.