Posts in category 'First Time Buyer'

When getting ready to buy a home, especially for the first time, there are many questions that come along with it. One of these questions usually is, "where do I start?" Because we like to make things as smooth as possible at Lewith & Freeman, here is our home buying checklist to help get you started on your journey!

1. Make sure your finances are in order 
It is important that you understand what your lending institution expects from you before and during the home buying process. You will have questions… don't be afraid to ask them. Our preferred lender...

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"Be Prepared to Move Quickly" is the best advice a serious buyer can receive in this challenging real estate market.  The current market is extremely competitive because there are so many more buyers than there are sellers offering homes available for purchase.  So, yes, it is important to be fully pre-approved for mortgage loan financing and securing a pre-approval letter should be the first step of the buying process.  In fact, in today's market, we find that many sellers expect submission of a pre-approval letter or proof of funds before even allowing a potential buyer to enter and preview their property.    

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The differences between renting and owning a home are significant.  If you are trying to decide whether to rent or buy a home, you must consider the many benefits and perks that come with owning your own home and recognize the negative aspects of being a renter.  

Rental Option
When you rent a home, you face rising rates every time you renew your lease.  This situation makes it hard to budget and adversely affects your ability to sa...

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Purchasing a home is not as simple as going to the store to pick out a new shirt or even clicking "add to bag" on your favorite store's website. Your decisions are based on a much larger scale, and it's common to question everything that is going to happen along the journey. Many questions our real estate agents get from buyers are:

• Where do I start?
• Do I have enough money?
• What is the home-buying process?

Whether you are a first-time home buyer or upgrading to your third home, the process is important to know and understand. So, to simplify all of your thoughts and questions, we've asked...

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