May 25, 2007, Newsletter Issue #66: Making the Most of Your First Time Home Buying Experience

Tip of the Week

If you are new to the market and making your first home purchase, make the most of the experience. There is only one time for the first time. Your first time at home buying should be something you never forget. Buying a home is a huge step for anyone and there is much to learn if you want to get the best home and the best mortgage. Here are a few ways that you can make the most out of your first time home buying experience.Learn about your area:  Home prices vary based on where you live. Your first time home buying, you should look around at homes in various price ranges to get a feel for what is out there. Only then can you realistically determine what type of home you are looking for. Learn about mortgages: Finding your home is only half of the first time home buying experience. Getting your mortgage secured is the other half. Thankfully, this process has become so easy that you can apply and be approved for a mortgage in a matter of days or even hours. Learn about the different mortgage options so you can make the best choice.Get the help of professionals: There is a reason that there are so many Realtors in the yellow pages, because they are worth their fees. When you are in the midst of the first time home buying, you should take advantage of a professional Realtor's assistance as well as a professional mortgage company.

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