First Time Home Buyer Tips - How To Prioritize

My first time home buyer tips help you sort through necessities, niceties and set priorities. In other words, home buying assistance has arrived! Especially if you are a first time home buyer, it is far more efficient to determine your requirements, your optional wish list and big ticket priorities before you begin your search for a home.

With that in mind, let's prioritize your dream list.

First Time Home Buyer Tips - Critical Necessities

First let's focus on housing necessities. Should you plan for...

• roommates
• infants
• teenagers
• frequent visitors
• wheel chair accessability
• public transportation
• home offices
• pets

First Time Home Buyer Tips - Optional Niceties

Now comes the fun part. Do you dream about...

• gourmet kitchens
• hardwood flooring
• grand foyers
• jetted tubs
• pools and club houses
• bay windows

First Time Home Buyer Tips - Big Ticket Priorities

After establishing your critical necessities and optional niceties, it's time to prioritize.

1. Lot size and location are high on the priority list of many first time home buyers. Acreage or zero lot line? Corner lot or cul-de-sac?

2. Room count and square footage is a giant consideration. How many bedrooms and baths do you need?

3. Think about architecture. Do you prefer vintage or modern, Mediterranean or country cottage? Here's help for matching your lifestyle with house style.

4. Do you want a home near enough for your children to walk to school? Even without kids, consider the advantages of buying a home near schools.

5. For some, the neighborhood is the deciding factor. If this describes you, here is another secret. Decide on a home by choosing a community.

First Time Home Buyer Tips - Three Checklists

Regarding your dream house...

1. Establish your critical requirements
2. Add a wish list of optional niceties
3. Set your personal priorities

And remember what I say. It is your house and your mortgage. No one cares more about your home buying experience than you.

Prime Real Estate Articles Tip No.58
Home Mortgage Application | Declarations

If you answer yes to any of these declarations, include a written explanantion. Giving personal details regarding alimony or lawsuits can be uncomfortable but don't skip over any of the questions.

This section ends with occupancy status. Stick to the facts. Either this property is going to be your primary dwelling, second home or rental.

Understanding Mortgage Applications

Take the guided tour with Kate's unique tips for filling out your home mortgage application...

Coborrower | Responsibility | Loan Type | Appraisal | Rates/Terms | Address/Units | Legal Description | Year Built | Purpose | Usage | Construction | Refinance | Title 1 | Title 2 | Fee Simple | Down Payment | Name | SS Number | Phone Number | DOB/Education | Address | Employment | Income | Housing Expense | Assets | Liabilities | Real Estate Schedule | Transaction Details | Declarations | Acknowledgement | Government Monitoring | Application Interview

View FNMA 1003

A Gold Mine Of Homeowner Help From Ask Kate

How To Buy A House - Tips On Buying A Home

How To Refi - Tips On Refinancing A Mortgage

How To Get A Mortgage - Home Mortgage Help

Roadmap At Prime Real Estate Articles

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