You have been saving up for a down payment. You are tired of paying rent. You want a yard for your dog. Or, there’s a baby on the way and you absolutely need more space. It’s time to buy that first home.
It looks easy to shop for homes: you go online and search for dream houses on realtor.com, Zillow.com, and all the other real estate websites. You see a place that appears to be in your price range, and you contact the realtor. But wait. Even before you do that, you need to do some serious homework. Before you hit the “contact realtor” button on the web page, consider these factors:
What can I afford?
How much do I need for a down payment?
What is the initial deposit/earnest money?
What are the property taxes?
What will it cost to insure this home?
What do I look for in a real estate agent?
How do I estimate my purchase closing costs?
What should I watch for during the closing process?
Why do I need a real estate lawyer?
What do I need to know about moving?
What do I need to buy for my home?
What should I know about my town’s ordinances?
If you buy a home, contact the Homer Law Firm as soon as you have a contract in hand. Our experienced real estate attorneys will guide you through the process of the purchase until the sale closes. We look forward to assisting you.