Buying Your First Home
Don't be daunted by the leap into unknown waters! Buying a home for the first time may seem like an overwhelming process, especially when you have no idea where to start, but that's why we're here for you. Learn more about the process of obtaining a mortgage, finding the perfect home, and making an offer, and you'll be on your way to owning your very own home in Western North Carolina!
Shopping Homes for Sale in Western North Carolina
Now it's time for the fun part! You get to start shopping! This is where you get to decide exactly what you want and need in a home, from the type of house or townhouse to the location of the neighborhood to all the exciting interior and exterior amenities you just have to have! Make sure you keep detailed records of the homes you visit, noting things you liked, didn't like, pros and cons, etc. Taking pictures can also help keep your memory fresh.
However, one important part of searching for homes is making a distinction between your needs and your wants. Needs are amenities or features you can’t live without, while wants are things that you’d like to have (but they ultimately wouldn’t affect your home buying decision too much).
Ideally, you’ll want to come up with this list of needs (e.g. 3 bedrooms, under $200k, close to schools) and wants (e.g. fiber internet connection, stainless steel appliances, walk-in closets) before you start looking for homes. This will save you time along the way as you browse dozens, maybe hundreds, of homes online or in person.
Here’s a guide for distinguishing between your wants and needs:
Tip: Before you start touring homes, determine the actual selling price of homes in your preferred neighborhoods - not just their listing price - to get a better idea of the actual affordability of the location.
You don't have to work with an agent - but it is extremely recommended unless you are a highly experienced buyer or lawyer. Your agent should be someone you know you can trust, an expert in real estate in your area and neighborhood, and very proficient in working with buyers of your experience.
NEXT: MAKING AN OFFER