Author Archives: timburrell

First Time Homebuyers Need Service Providers

Inspectors & Service Providers Make a Difference to First Time Homebuyers As a first time home buyer, in particular, you might not have a clue where to start when choosing service providers.  Your Realtor is happy to provide you with contact … Continue reading

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Do You Know Your Credit Score?

Credit Score is Important to a First Time Homebuyer Knowing your credit score is one of the easiest things you can do to help you buy your first home.  Credit scores are used by lenders to decide if you are … Continue reading

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First Time Homebuyers Using the Internet

First Time Homebuyers Can get Good, and Bad, Information on the Internet After deciding that you are ready to buy a home the first place most of us turn to is the Internet. The Internet can be a very useful … Continue reading

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Referrals Benefit First Time Homebuyers

First time homebuyers get better agents from referrals Referrals are the lifeblood of real estate agents. A referral is a recommendation, most valued when introduced by someone both the agent and client regard highly.  Since the majority of referrals come from clients … Continue reading

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First Time Homebuyers Shouldn’t Buy Without A Buyers Agent

Buyers Agents protect first time homebuyers Anyone who buys real estate should consider having the assistance of a real estate agent. This is especially important when you are buying your first home.  Actually, it is almost a necessity for a first time … Continue reading

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First Time Homebuyers Need To Know How Realtors Get Paid

Understand how your agent gets paid when you buy your first home Most people do not understand how Realtors get paid, particularly first time homebuyers.  Realtors are paid on commission, and commissions are only paid when a sale closes.  So, there is … Continue reading

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Home Maintenance Education for First Time Homebuyers

Your First Home Needs Your Care   One of the easiest ways to preserve the value of your first home is by proper maintenance so it does not deteriorate with age.  For example, it costs very little to keep caulking around the bathtub and … Continue reading

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First Time Homebuyers Should Plan for Becoming First Time Homesellers

How First Time Homebuyers Build Equity   After you buy your first home, you need to look forward to the profit you can make when you sell your first home.   You will frequently hear the term “equity” and I will … Continue reading

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Escrow Deposits Take Cash for First Time Homebuyers

First time homebuyers have to put money in the escrow account     At the closing where you get the keys to your first home, you will set up a fund to pay for the property taxes and the homeowners insurance.  … Continue reading

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First Time Home Buyers and the Purchase Contract

The North Carolina Offer to Purchase and Contract is prepared by the North Carolina Association of Realtors in cooperation with the North Carolina State Bar.  So, the Realtors and the Lawyers take part in drafting the standard contract.  You should … Continue reading

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