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The Ultimate New Home Buyer Checklist

by Purva Jagtap
The Ultimate New Home Buyer Checklist

You’re moving out of your parents’ house. You’re getting married. You want a home with a bigger yard, so your dog has a place to run around.

There are a million and one reasons why someone chooses to buy a new home. No matter if this is your first time at the rodeo or not, it can be easy to get overwhelmed when you start shopping around for a place.

It helps to follow a new home buyer checklist. One like what we’re about to share with you right now. Keep reading to learn where to get started in the buying process.  

Hire a Real Estate Agent 

Hiring a real estate agent isn’t a requirement when you’re buying a home. You can search online to find great houses in your area or drive around your neighborhood looking for “for sale” signs. 

We will tell you that hiring an agent makes the process a little easier. They know the ins and outs of buying a house. All you have to do is tell them what you’re looking for, give them a budget, and they can handle the rest. 

They’ll take care of all the closing paperwork and even help you set up a home inspection checklist. It will cost money to go through an agent, but it’s more than worth it for the convenience. 

Set Your Budget

Once you have a realtor picked out, it’s time to set your budget. Unless you have a rich family, there’s a good chance that you’ll have to take out a mortgage

It goes without saying that each month, you’ll have to pay a little bit on this mortgage. If you can’t afford it, your house will be taken from you.

So, calculate all your current expenses and subtract them from what you make each month. The leftover number is how much home you can afford. Do your best not to exceed this number by too much. 

Start Looking For a Home

As soon as you have your mortgage amount in hand, you can begin shopping around for a house. Make a new home essentials checklist full of qualities that you’re looking for. 

Your realtor can take this list and make housing suggestions based on it. They may not find something that meets all your criteria, but they’ll get pretty close. 

Make an Offer 

When you find a house that you love, it’s time to make an offer. This is another area where your real estate agent can help you. They’ll figure out how much the house is worth and assist you with drawing up a negotiation letter. 

Keep in mind that price isn’t the only thing that you can bring up in your letter. If you want certain repairs done, this is something else that can be negotiated. 

Get Settled in With This New Home Buyer Checklist 

Are you thinking about packing your bags and moving to a new place? You’re going to need to follow this new home buyer checklist if you don’t want to get overwhelmed. 

Don’t forget that while hiring a realtor is an optional part of this list, it’s a vital one if you want the process to go as smoothly as possible. 

Are you looking for more ways to find your dream home? Check out our blog daily for all the latest tips and tricks. 

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