Buying Your first home?

Top 5 Things First Time Home Buyers should Know

How to search for a home

If you're a first-time home buyer, we understand that this can be an exciting yet daunting experience. Buying your ideal home is no small feat and requires careful consideration of a numerous factors. But don't worry! Build Idaho has you covered with our top 5 considerations for first time home buyers. These are things we think you should know before taking the plunge into homeownership. Whether it's understanding your budget or navigating through the complex mortgage process, we'll provide all the insider tips to help make your journey as smooth as possible. So let's dive in and get started on making your homeownership dreams come true! We also know that that is one of the biggest steps into growing your personal wealth.

Benefits of using a professional real estate agent

Working with an Idhao Real Estate Agent can provide you a great deal of peace of mind. Working with someone who can educate you about the process, will watch your back at every step and knows the local real estate market can be very comforting. You have someone you can depend on, can answer your questions and is taking care of business while you are enjoying life.

Why you should get pre-approved

One of the hardest emotions we experience in life is disappointment. Agents normally will recommend getting pre-approved before looking at homes because they don't want clients experiencing disapointment. We don't want clients finding our that they cannot afford the home they just fell in love with and now every other home feels like you are settling or is not what you want. Also, what if there is something wrong with your credit? You may need time to repair that and get your financing 100% straightened out.

Additional Things to consider

There are a couple of things that everyone should take time to understand after getting pre-approved. First is what is your goal? Why are you buying a home? Is it more than just not renting? What are the most important aspects of buying a home to you?

One aspect that many are considering is affordability. Are you trying to buy a home but have the lowest monthly payment so you have more cash at the end ot the month? Or are you hoping to make a great investment and have a home with an abundance of appreciation when you decide to sell?

Lastly, maybe you are buying a fixer upper and hope to sell for a substantial profit. Buying a home that has room for approvement that you can put sweat equity into us a great way to grow personal wealth. 

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