You aren't the first person to buy a house! We're touching on the things I wish I knew before buying my first house. First-time homebuyers are full of questions because buying a house is a big deal! We're breaking it down for you.

Is Buying a Home Stressful?

We would love to say, "No!" but honestly, it sure can be. Let us help! There are some great tools to reduce the stress involved. 
Get pre-approved and stick to your budget.
Prepare yourself for the downpayment, closing costs, and inspection fees.
Find a real estate agent you trust.

Are Home Inspections worth it?

Yes. You may have experienced home buyers doing walkthroughs with you, but a professional inspection can turn up items that you definitely want to be aware of before buying. If the roof needs replaced right away, or mold is found in the basement, you want to know so that will weigh into your decision and what price you are willing to pay for a house.

Which Home Inspections should I get?

You should get the inspections you are comfortable with. 

We recommend getting a general inspection and if they have concerns, they will point you to more specific inspectors.
There are so many kinds of inspections, but you do not need them all. 

How will an Appraisal affect my Purchase?

If an appraisal comes back high, good for you!

If the appraisal comes back low, there are a few paths forward. You can negotiate further on price, or conditions you want to be met, or drop the deal altogether. 

Buying a Home for Today instead of Tomorrow?

The average homeowner stays in their house for 13 years. While that number has started declining, consider at least the next five years. Do you have young kids who will be wanting their own rooms? Will you be starting a family? Do you have older kids who will be moving out? Are you going to be working from home? Do you host holiday dinners or other large events? Keep your future plans in mind when setting the guidelines for your home. 

Should I Buy a Fixer-Upper?

Unless you have the skills, loan type, time, and patience, we do not recommend buying a fixer-upper.

DIY can be fun and rewarding for projects around the house, but buying a home that requires it becomes a huge project to take on. 

Can I Negotiate with the Seller?

Yes!!! We recommend using your agent's expertise. If a home is not worth the asking price, or needs repairs, negotiating is highly recommended. 

What is the Benefit of Buying instead of Renting?

When you buy a home, your monthly payments are leading toward something- owning your home! That means equity!

The freedom involved in owning your home allows you do invest in updating, upgrading, and truly loving your space.

The DownPayment isn't My Only Expense?

There are several costs to consider when buying your first home. 

Downpayment, whether you are planning for 3, 5, 10, or 20 percent down, know your budget and make a saving plan.

Closing costs, they vary so don't be afraid to shop around for your lender and title company.

Updates to -and for- your new home, you may want new furniture or appliances, a bathroom remodel, and more. 

If you need to rent a moving truck or labor to assist your move, there will be additional costs.

How much should I plan for Closing Costs?

Every situation is different, and prices vary based on location.

Around Tiffin, OH we typically see closing costs around $4,000, so be sure to include that when budgeting for your downpayment, new furniture or appliances, and other moving expenses.

How Important is my Credit Score?

That exact question would be redirected to your lender.

What we do know is you should not do things that greatly affect your credit while you're house shopping. 

If you buy a new car, buy the furniture for your new home, suddenly start missing payments... Your credit will change. The lender does re-check your score right before closing and if there was a sudden change, your pre-approval may be invalid.

Will I Find the PERFECT House?

Probably not. We all envision a dream house that has it all - if that's location, ranch or to story, full basement or fenced in yard, pool or large deck, etc. - and the chances of finding the "perfect" house in the budget is a pretty steep ask.

We recommend buying your first house with the 80-10-10 approach.

80% of the house is what you WANT

10% of the house you can CHANGE

10% of the house you can LIVE WITH