Category Archives: Steps For First Time Homebuyers to Take

Posts to describe how to be a first time homebuyer, going from tenant to homeowner, so you can say “So Long Landlord”.

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

Posted in Steps For First Time Homebuyers to Take | Tagged , , , , , | Leave a comment

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

Posted in Steps For First Time Homebuyers to Take | Tagged , , , | Leave a comment

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

Posted in Steps For First Time Homebuyers to Take | 1 Comment

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

Posted in Steps For First Time Homebuyers to Take | Leave a comment

First Time Home Buyers and New Construction

First Time Home Buyers Need to Understand New Home Sales When you are doing something as important as buying a home, you should not try to figure it out all by yourself.  That is what buyers agents are for, to … Continue reading

Posted in Steps For First Time Homebuyers to Take | Tagged , , , , , | 1 Comment

Every First Time Home Buyer Needs an Inspection & Deals with Repairs

When you buy a home you have the right to inspect it to learn whether it is in need of repair or not. And if it is, you can ask the seller to make those repairs. But the seller does … Continue reading

Posted in Steps For First Time Homebuyers to Take | Tagged , , , , | 3 Comments