Domain: tiger-web1.srvr.media3.us Any tips for first time house searching? | Page 2 | Money Talk
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re: Any tips for first time house searching?

Posted on 5/1/19 at 8:09 am to
Posted by fillmoregandt
OTM
Member since Nov 2009
14368 posts
Posted on 5/1/19 at 8:09 am to
quote:

Huh? No, it's on the back of the house. The back of the house faces West. The West side of the house gets all the afternoon sun. Sitting on the deck on a summer afternoon is pure torture.



Apparently I had a brain fart.

When I read:
quote:

If you plan to enjoy your backyard, MAKE SURE IT DOESN'T FACE WEST. Ask me how I know.


I read it as ‘MAKE SURE IT (the house)DOESNT FACE WEST’.

Instead of make sure the backyard doesn’t face west
Posted by VermilionTiger
Member since Dec 2012
39058 posts
Posted on 5/1/19 at 8:29 am to
Yep. I would get a loan estimate first.

Don't even look at houses that are out of your range. They will severely impact your judgement on houses worth less.
Posted by notsince98
KC, MO
Member since Oct 2012
21662 posts
Posted on 5/1/19 at 10:05 am to
quote:

Yep. I would get a loan estimate first.

Don't even look at houses that are out of your range. They will severely impact your judgement on houses worth less.


And you WILL get approved for much more house than you can actually afford. Seems like for me, the bank would approve around 3x more than what my budget would realistically allow.
Posted by Gpfather
Member since Jan 2019
481 posts
Posted on 5/1/19 at 9:39 pm to
Your first house doesn’t have to be as nice as what your parents or grandparents currently have. Chances are they aren’t living in their first house anymore.
Posted by footballdude
BR
Member since Sep 2010
1113 posts
Posted on 5/6/19 at 1:26 pm to
(no message)
This post was edited on 1/11/21 at 1:34 pm
Posted by ELVIS U
Member since Feb 2007
11744 posts
Posted on 5/8/19 at 2:35 pm to
Take your time and be patient. Look for the least expensive house on the most expensive street.
Posted by AUCE05
Member since Dec 2009
45206 posts
Posted on 5/8/19 at 4:14 pm to
Just jump in and do it. You are dumb to the process. You will make mistakes. Unfortunately you may get taken advantage of to an extent. But there isn't much to it and you will learn fast. Realitor's and home inspectors are a waste. But you will probably need them being a noob.
This post was edited on 5/8/19 at 5:00 pm
Posted by The Spleen
Member since Dec 2010
38865 posts
Posted on 5/8/19 at 4:21 pm to
quote:

Realitor's and home inspectors are a waste.



A good realtor can be invaluable for a first time home buyer. Problem is finding a good one that truly listens to your wants and needs and works in your best interest. In my experience, about 15% of real estate agents meet that criteria.

I'd definitely narrow my scope down before enlisting one. Go to open houses every weekend you can. Pay attention to details in homes you see to determine what you like and don't like. And don't be afraid to fire the agent if he/she starts showing you houses outside your budget or that don't meet your needs and wants, because a lot of them will.
Posted by TitleistProV1X
Member since Nov 2015
3646 posts
Posted on 5/11/19 at 7:12 am to
It’s really hard to avoid falling in love with a house so just make sure that you love the house AND the price. Both things have to be right. If you lose out on a couple houses don’t get discouraged.
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