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The Top Three Common First-Time Homebuyer Mistakes to Avoid

Are you new to real estate? As a first time home buyer, it's understandable if you find all the jargon involved in buying your first home to be foreign and intimidating. The median first time home buyer is 31 years old, has a household income of approximately $60,000 per year, and has saved for over five years before beginning the home purchase process. Buying your first home qualifies the borrower for additional money not available to other purchasers, so entering into a transaction with poor financial health is a waste of these valuable tax credits and grants.

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The Top Three Common First-Time Homebuyer Mistakes to Avoid

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  1. First-Time Home buyer Mistakes to Avoid! HelpFindingMyAgent.com

  2. Are you First home buyer? Are you first home buyer? Don't be worried about it ….. HFMA takes care of your plan and guides you to atop real estate agent.

  3. New to Real Estate? First time home buyerwould make some mistakes Starting very early is highly appreciable • If not first time home buyers are likely to fall into the victim

  4. Common Mistakes-First home buyer's 1. Reviewing your financial history 2. Not having enough money on hands 3. Not knowing market conditions in your area

  5. 1.Reviewing your Financial history Maintaining financial health Spending should be less than your earnings Don't be blindsided by negative financial information Review your credit report before applying a home loan

  6. 2.Not having enough money on hands Home buying would be easy and problem free But First time buyers have no plan for additional expenses Expenses include property taxes,home owner's insurance and appraisal fees Reserve funds for surprise expenses

  7. 3.Not knowing market conditions in your area No one will know more about frisco than local real estate agents HFMA makes you to be aware of real estate trends like price of the property in the areas Top real estate agents helps you to make sound decisions

  8. Hire an Agent Avoid some common mistakes made by first home buyers So hire your real estate agentfrom HFMA-HelpFindingMyAgent We will take you to top real estate agent They will take you to your dream home

  9. Save for surprise expenses First home buyers won't be much aware of surprise expenses Plan for surprise expenses That will make you to prevent your property

  10. Contact us today! We'll put you in touch with an agent in your area..

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