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First
Time Home Buyer Realtor Information Center
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Home Purchase Price |
Cash Rebate |
| Less than $150,000 |
$500 |
| $150,000-$249,999 | $1,000 |
| $250,000 | $2,500 |
| $300,000 | $3,000 |
| $400,000 | $4,000 |
| $500,000 | $5,000 |
First time home buyers should contact a real estate agent before conducting their first home search. A buyer real estate agent represents you and they will gather property listings for homes that are appropriate for your personal needs and budget. A realtor will help you negotiate every part of the contract, striving to get you the best possible deal. For example, many first time home buyer programs allow the seller to pay some or all of the closing costs and a good realtor will convince the seller to help with the closing costs. Bottomline, you will not need to pay a buyer real estate agent up-front because they will get paid from the seller only if they find you a home and close the deal. So, it does not cost you anything to use a realtor who specializes in first time home buyers and I believe they will greatly increase your chance of finding a home that will meet your needs.
Firsthomebuyers.net has built a network of realtors who can assist you in purchasing your first home. You can fill out the Realtor Finder Form and a first time home buyer realtor specialist will contact you shortly.
First, you should complete a wants versus needs checklist to determine which home features are most important to you. Next, you can print out several house hunting worksheets to evaluate every home so you can make the best decision possible. Remember, this is your first home and it probably won't be your last one, so it may not be perfect and it may need some repairs or minor improvements but with some imagination and tender loving care, you can make it a great place to call your home.
Finally, I strongly suggest that you get pre-approved before you start looking at homes. You need to know how much home that you can afford and qualify for and a written loan pre-approval will tell sellers that you are a serious buyer. Please contact Gerald Tribuzio directly at 847/516-5743 for a phone consultation today.
*Cash Rebate program listed above is an example and amount of rebate will vary with each Realtor in the Firsthomebuyers Network. Also, rebate program may not be available in your area.
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Gerald Tribuzio© 2001-2008 |