Tips For First-Time Buyers


-Think credit. Poor credit will make you a bigger risk in the Lender’s eyes. Make a point of paying all bills on time, all the time.

-Consider taxes. Mortgage interest and property taxes are generally tax deductible.

-Know the Broker’s role. Real Estate Brokers are at the center of most property transactions. It’s important for you to know what a broker does, who is represented and how the brokerage system works. Click on the link below to gain a better understanding of the different types of agencies:

-Consider what location will work best for you. Look at your needs, and preferences in terms of commuting, shopping, recreation, etc. Click on the link below to searches homes for sale like a Realtor, and get updated listings the second they hit the market:

-Plan on getting a home inspection as part of any offer you make. A professional inspection can help you understand the condition of the property and repair bills you are likely to face in the next few years. Click below to view The Jennifer Bullock Team preferred inspector:

-Look into financing as soon as possible. Get pre-approved so that you generally know how much you can borrow. Click below to view the Lender that will go over and beyond to ensure you are able to buy your dream home:

- Save. You’ll need money for a down payment, closing costs, moving and other expenses. Put off trips and luxuries until after you’re in your new home.

- Examine the different financial options-consider FHA,VA, and state backed loan programs which require little down payment.

-Look for gifts and grants. Many first time home buyers receive gifts from family and friends. Some companies offer grants and other incentives to employees who are buying a first home. Community groups may also have programs and financing in place for first time buyers.

-Start now, take your time, and ask as many questions as you like. Being a first time home buyer is challenging. But millions of people do it each year- and you can too!

Call or text Jennifer Bullock at (910) 512-4080. She is eager to help you start the House Hunting Process!