Kathryn's Blog


1st time home buyers; NOW IS NOT THE TIME TO SIT ON THE FENCE...

If you have been trying to decide if now is the time to buy your first home, read on.  Lee and Pamela St. Peter provide a great starting point for you.  The real estate market right now provides wonderful opportunities, if you do it right.


How to buy my first home

1st time home buyers; NOW IS NOT THE TIME TO SIT ON THE FENCE...

Sure, buying your 1st home can be a scary thought...

It’s a big investment.

It’s a commitment.

...and who knows what the future will be like right? 


Even with all the tumultuous real estate news out there these days, there really has not been a better time to buy a home in almost 50 years...  

If you are TIRED of paying rent, don’t wait!  Just arm yourself with sound advice and move forward and shed paying rent forever.  You’ll be glad you did!

Here are 6 ideas for you to consider as you start out...

1.  FIND THE RIGHT BUYER'S AGENT!  It's sad but true - not all real estate agents are created equal.  As a 1st time home buyer you will become joined at the hip to your agent.  So be sure to feel comfortable with them.  Not only personality compatible but also confident in their ability to look out for your best interests during the entire process!  The home buying process isn't rocket science but there are many little nuances that an experienced agent will be able to navigate around and help smooth the transaction.  

Results: a real estate relationship that will last for years to come.

2. UNDERSTAND THE HOME BUYING PROCESS.  1st time home buyers get so excited once they make up their mind to buy a home  that they just start surfing the web, heading out to open houses, and even calling the listing agent to view a home.  One of the reasons for finding the right buyer’s agent above is that your agent should take the time to consult with you FIRST and explain how the process works in your area to help manage your expectations..  

Results: one relaxed 1st time home buyer.

3. GET PRE-QUALIFIED!  It's sad when anyone starts out without consulting a lender.  Here’s a situation that I hear all too often that really needn't happen …  a 1st time home buyer jumps on the net - finds a home they just love and have to see!  They call the listing agent - get an appointment and they're in love! That is until they talk with a lender and find that they either don't qualify, don't have enough for the down payment or closing costs, or just don't want to spend that much per month...  

Results:  one very prepared 1st time home buyer.

4. ASK - ASK - ASK!  If you’re not sure about something ASK!  There is no such thing as a dumb question!  And this couldn't be truer than for the 1st time home buyer.  Don't be afraid to ask about the  upkeep, the taxes, and the insurance.  Take time to review the restrictive covenants...  especially for things like being able to put up that fence for Fido.  Who owns all that nice wooded area behind the home?  Will it stay nice and private...? AND especially ask about various places to live and/or if there is anything going up around the home that would affect its resale.

Results: one very thankful 1st time home buyer.

5. ACT QUICKLY!  Even though you’ve heard it’s a buyers market, hear me on this please; the good HOMES STILL GO FAST!!!  So once you've found the home that fits, DO SOMETHING!   

One of the biggest 1st time home buyer mistake is not acting quickly enough and someone else comes right behind you and buys the house. So don’t wait!

Results; one very happy 1st time home buyer.

6. MAKE YOUR OFFER STAND OUT!  Let’s face it 1st time home buyers don’t always have the ‘cash’.   BUT it's not always about the highest price, or amount on pointdown - LTV (loan to value) that attracts a seller.  If the home you're going after is a pearl - you can bet there will be others looking to purchase it as well.  So how do you as a 1st time home buyer make your offer look appealing to a seller?  One idea we've found that has worked is a letter from you to the sellers telling them in detail what it is that you love about their home and how you'll take care of it.   It just might do the trick...

Results; one very satisfied 1st time home buyer!


Hope these tips help as you begin what I believe is one of the most exciting experiences in your life - buying your 1st home!  

Read to get started?  Call me.  I'm ready too...


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One Solid Rock!About the author:  Pamela is a Realtor in Raleigh NC with The St. Peter HomeSelling Team at Prudential YSU Realty serving the Raleigh NC (Triangle) area.

We are a team of passionate North Carolina Real Estate Brokers dedicated to connecting our clients to success in home buying and home selling in the Triangle. Pamela can be reached via email at Pamela@RaleighHomesOnline.com or by calling (919) 645-2522.

For all your Wake County real estate needs The St. Peter HomeSelling Team serves the following areas; Raleigh, Cary, Apex, Morrisville, Holly Springs, Fuquay Varina, Garner, Wake Forest, Knightdale.

Find your Home in the Triangle, NCVisit me on Google+Let's connect on LinkedInJoin us on FaceBookfollow us on TwitterWhat is My Triangle Home Worth?

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Text and photos copyright Kathryn J. Acciari unless otherwise noted. 
All rights reserved.




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Kathryn Acciari, Brand Ambassador

Century 21 Real Estate LLC
175 Park Avenue
Madison NJ 07940

Serving Brokers, Owners, and Agents Throughout New England

Cell: (508) 982-0686   

Blog: Real Estate Blog
Twitter: @kacciari

Comment balloon 3 commentsKathryn Acciari • October 21 2011 11:05AM


Hi Kathryn - We have got to get this information out to the buyers.

Posted by Conrad Allen, Webster, Ma, Realtor (Re/Max Professional Associates) over 8 years ago

Conrad, there is so much doubt in the marketplace isn't there?  Opportunity is knocking but no one's answering the door. 

Posted by Kathryn Acciari, Brand Ambassador and Business Coach (Century 21 Real Estate) over 8 years ago

Kathryn,  thank you for finding this post worthy of a reblog!  Such a nice compliment.  I like how you put it... opportunity is knocking and it seems like nobody IS answering the door.  Well, not enough folks anyway.  But I'm seeing our area start to get a tad busier in the past week.  Let's hope it continues!

Posted by Lee & Pamela St. Peter, Making Connections to Success in Real Estate (Berkshire Hathaway HomeServices YSU Realty: (919) 645-2522) over 8 years ago