4 Important Tips for First-Time Homebuyers
So, you’re ready to buy a home in Naples. As you begin your search, consider these four important tips that all first-time homebuyers need to know.
Tip #1. Shop Under Your Budget
When you find a home you love, chances are that someone else will love it, too. That’s why it’s always wise to stay under your budget when shopping for a home.
If you shop below the high end of what you’re willing to spend, you’ll position yourself to be able to raise your offer on a property you love if you have to compete with the offers of other interested buyers.
Tip #2. Be Open to Different Neighborhoods
Although you may be set on an exact area where you want to live, be open to seeing other neighborhoods. Doing so can broaden your options for finding the perfect home for you. Open houses attended by you and your realtor can help you get a feel for the kinds of homes that different areas have to offer.
Related: 5 Major Reasons to Have an Agent When You Buy a Home
If you choose to explore a community that you’re not familiar with, you might consider a short stay in an Airbnb in that area. Being embedded within a neighborhood can help you experience it from the inside-out, day and night, and give you a better handle on whether it’s the right community for you.
Tip #3. Consider Your Buying Leverage
If a home you’re interested in has been sitting on the market for a while, or if it looks like it’s in need of repairs, you may have leverage to negotiate. A motivated seller may be willing to accept an offer that’s lower than the listing price or to make concessions, like offering furniture with the sale of the house.
If you don’t mind investing in a home that needs some work, a lower sale price can mean more room in your budget to perform the repairs needed to make it the perfect place for you.
Tip #4. Always Get a Home Inspection
No matter how much you fall in love with a home it’s always best to have it inspected—especially a property that needs work, since an inspection will help provide detailed information about the home’s shortcomings and help you better prepare and plan for the repairs it may need. Your agent can help you coordinate an inspection and be with you when it’s conducted. Based on the results, you might request that the seller make repairs or use repairs as a bargaining chip to negotiate a lower sale price.
Related: 3 Big Problems to Look for When Buying a Home
REALTORS® Alexandra Janz and Juergen Haeringer Are Your Premier Real Estate Brokers
At Alexandra Janz AJ International Group Naples, the team of Alexandra Janz & Juergen Haeringer, Broker Associates & Luxury Properties Specialists with William Raveis-Florida, LLC, help clients realize their dreams of purchasing a luxury home and basking in the glow of the Naples and Southwest Florida luxury lifestyle. Alexandra is not only an expert in the real estate market in Naples and Southwest Florida, but in international markets as well.
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