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Some tips for First-Time Homebuyers

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Here are some tips for first-time homebuyers… do some homework and define your expectations before you start to search in earnest.

  1. Take out a blank sheet of paper and write out your wish list… better yet, go through Finding the Best Place for You.
  2. Recognize that there is no such thing as the perfect home, but there is a home that is perfect for you… signs you have found it.
  3. Get pre-approved for a mortgage so you know how much you qualify for… then budget for expenses beyond PITI (mortgage prinicipal, interest, taxes and insurance)
  4. Consider whether it makes more sense for you to rent or buy… 6 reasons why it can be better to own rather than rent
  5. Wondering if you are ready to buy? Check out 10 signs you are ready to buy

Sharlene Hensrud, RE/MAX Results – Minneapolis Buyer’s Agent

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I love what I do! Highly insightful, analytical and creative, there is nothing I love more than helping you find the right solution for your real estate transition. My mission is to serve my clients with honesty and integrity, exceeding their expectations in service and support… and to help others by donating a portion of every transaction to Habitat for Humanity.

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The HomesMSP Team is committed to meeting you where you are and listening… really listening to understand you so we can use our extensive knowledge of the market and local neighborhoods to give you personalized service.