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First Time Home Buyer Tips When Buying your Central Oregon Home

Buying Your First Home Doesn’t Need to be Hard!

1st-time
Learn Everything You Need to Know

If you feel you’re already ready to pull the trigger on an offer, find out the whole story on the property and listing. You can also learn a lot by uncovering information about the seller. Things like how long the home is been on the market and how many offers it’s already received is important information when determining what your offer should entail.

Keep Your Lender in the Loop

You’ll need a pre-approval letter with any offer you make, so keep your lender on speed dial. Right when you make your decision, your lender should know right away! Mortgage rates change daily, so make sure to have them keep you updated. From the time you applied for your pre-approval letter until now, there could have been a drastic rate change.

Reviewing Comps is Crucial

Reviewing and comparing the last six months of recent sales data is a top priority. Your agent can easily give you this information and explain the importance of it. These comps tell you about the most recent market and what buyers/sellers have agreed on for sales prices. Ask your agent what his opinion of the home’s value us and start to study this information.

There will be Other Houses!

It’s very rare that a buyer gets the first house they put an offer on. And it’s okay if you don’t. There will be plenty of other houses that match your criteria. Houses in every city go on the market all day long. So if your offer fails and you can’t find another one as perfect as that one, give it a day and see what else comes on the market! Have fun and learn from every offer you make.

 

HOME BUYERS

1055 17th-1
SELLING SOON? HOW MUCH IS YOUR HOME WORTH? Get an idea of your property value here: CentralOregon.GuaranteedSale.com and visit us at www.BendOregonRealEstate.com . Jim Birtola, Ruben Garmyn, and Andrew Ellis are ready to advise you how to get your house or land sold fast and for the best possible price.

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Sincerely,

Team Birtola Garmyn

High Desert Realty

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