The home buying process is not necessarily a simple one. A lot of things are dependent on each other for everything to go well. Stress levels are high and first time homebuyers are anxious. It really can be an enjoyable experience though, if you work with the right Realtor in Bluffton. An experienced Bluffton Realtor can negotiate a great deal on your dream home and help you along the way with any tips, advice, and knowledge to make your Bluffton home purchase as smooth as possible.
Here are some of the common mistakes first time homebuyers make and advice on how to avoid them from Bluffton Realtor Anthony Dufrene of the Dufrene Group in Bluffton, SC.
Common Mistakes that First-time Homebuyers Make
- Failing to Get the Home Inspected – Having a home inspection for a property you are considering can potentially save you thousands of dollars in the future. Paying the cost of a home inspection now, which is around $350-$500, is pennies compared to potential issues the home may have such as problems with the foundation, plumbing, HVAC or electrical system.
- Untimely Correspondence with Lender – A common mistake by first time homebuyers in Bluffton, SC is that they fail to check their e-mail or messages regularly. Since the mortgage process is very time sensitive, it is crucial to approach the approval process with urgency and promptly respond to critical loan documentation that your mortgage company has requested. Also, be on the lookout for correspondence from your real estate agent, appraiser, and inspector.
- Choosing Not to Work with a Buyer’s Agent – Some first time homebuyers think that they either don’t need or can’t afford a buyer’s agent when looking at homes for sale in Bluffton and homes for sale on Hilton Head Island. This is not true at all! There is no charge to work with a buyer’s agent, as the seller pays the commission on the sale of the home. In addition, purchasing contracts can be filled with legal jargon that is confusing. Choose a buyer’s agent that will work hard to show you the properties in your budget and desired areas to find your favorite homes for sale in Bluffton.
- Ignoring Loan Assistance Programs – Be sure to take advantage of the various loan programs for first-time buyers from federal, state and local resources, as there are some programs designed to develop certain rural areas. The HUD website can give you information on loan and grants offered, and veterans should also be aware of the VA program. Assistance ranges from down payment help to closing costs, if you qualify. Be sure to ask Your Bluffton Realtor for program information.
The Dufrene Group Can Help First time Homebuyers with Homes for Sale in Bluffton and Hilton Head Island
The Dufrene Group is here to help with any questions 1st time homebuyers may have about the Bluffton area, loan process, local housing market, or home loan programs that you may have. Feel free to contact the team here via email or at (843) 707-2267 today to get pre-approved for a home mortgage and start your search of Bluffton homes for sale.