If it’s your first time buying a home, then you’re in for a whirlwind of emotions. During the searching phase, you’re going to be filled with excitement and happiness. Viewing the houses will take your breath away, pretty much every home you see you’ll view as amazing because it could potentially be yours. But then comes to the process of buying, and that’s not all rainbows and sunflowers. It can be long, stressful, and people actually pull out of the buying process because of it. So, to make sure that doesn’t happen to you, here are some top tips that’ll make sure your first home move is successful.
This is key. Without it you’re just going to be even more stressed, will either pull out of the process or get yourself into a hell of a lot of debt. Hopefully, you’ll know a few people who have been through the process before, so they should be able to give you a rough estimate of how much you need to save before moving out. Whatever they tell you, add a bit more to it. What you’ve got to remember is that everyone’s experience of buying a home is unique, and there are so many things that could go wrong for one that wouldn’t for another. When things go wrong, delays happen, when delays happen costs begin to rise. If you have anything left over when the move is finished, you can just take that as a bonus. Either put it towards a savings fund or treat yourself to a little something to enjoy the move. You also need to make sure you’re budgeting for absolutely everything. From the things you’re going to buy to put in the house, to the bills you’re going to have to begin paying probably days after you actually move in.
Precautions To Take
There are many precautions that you need to take when you’re buying a house and so much money is involved. The first one you’ve got to think about is the quality of the house. Whilst it might all look good from the outside, do you really know what’s going on underneath? Companies such as the The Home Inspection Hub can carry out home inspections for first-time buyers to make sure that they are getting the best deal possible. There’s always going to be a little something wrong, even with a new build. The only difference being with that is that you have the protection of the building company giving a warranty on the house.
One main tip I have to mention is during viewings, check doors and taps work! I know it sounds strange, but three doors in our house didn’t close and the kitchen sink tap snapped. The sink in the back was loose and leaking water down the back off the wall – often people do quick DIY jobs that are poor quality before they sell up. Check!
Are You Ready?
This really is the question that you need to be asking yourself. It’s important to remember how much of a big commitment getting a mortgage is. It isn’t as simple as just pulling out of renting or moving from your partners’ house back to your own. You will own that house, and you won’t be able to just stop paying for it! A lot of people decide to move out when they’re still quite fresh in a relationship, and that can really throw a spanner in the works. Make sure your relationship can handle it, and that you’re fully prepared for it.