3 Major Issues for First-Time Home Buyers

First time home buyers

First time home buyers

I admit it… when I bought my first home, I didn’t really want to hear the unsolicited advice that everyone was dishing because, well, it got really annoying after a while.

In retrospect, however, that was a big mistake – huge even. First time home buyers need all the advice they can get, and now, thanks to good ol’ me, you will have all the advice you need when it comes to assessing your first home needs.

Issue #1 for first time home buyers:

What do I need in a home?

Don’t simply pick a home because you can picture yourself in it; chances are the décor is going to disappear as soon as the previous owners do. Base your choice on what it is that you really need out of a home.

  • How many bedrooms do you need? Plan on having kids or already have some?
  • How important is central air, a fireplace, a swimming pool or a home office?
  • Do you need a massive backyard?
  • Will your current furniture fit? If not, is there adequate storage space?
  • What are the annual property taxes? How much will the utilities run you per month?
  • Are there any major changes that need to be made? Will you have to spend money on renovations?
  • What about the appliances and window treatments? Are they included?

Issue #2 for first time home buyers:

Am I in a good location?

Sure, moving to the burbs seems like a necessary evil for some, but it’s important that your location be ideal for what’s important in your life.

For example, if you’re going to have to drive 90 minutes to and from work every day, in a year’s time, you will not be a happy camper.

Is there a school nearby? Are there parks and children’s facilities around? How far will you be from your babysitters (read: family and friends)?

Issue #3 for first time home buyers:

Do I need peace and quiet?

If you’re a first time home buyer and you have kids, then living next to a park likely won’t irritate you so much. But if you’re a bachelor, hearing kids screaming with delight at 7:30 am on a Saturday after a night of binge drinking may not be the ideal situation for you.

If you love the hustle and bustle, then living in the downtown core won’t be a problem. But if you prefer a quiet suburb that is free from the sound of traffic and revving car engines, you might want to consider all of these things when selecting a first time home purchase.

What’s the noise pollution near this home like? Are you super close to a high-traffic area? Is there a bunch of undeveloped land that’s going to make you miserable for four years once they start building?

First time home buyers consideration.

So there you have it. Needs, location, noise – those are the three biggies when it comes to finding your first home. Anything else? Maybe… let me know in the comments below.

Are you currently shopping for a home? Then check out ComFree.com, the commission-free real estate services company.

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1 comment

  1. Tony says:

    Great info, will be sure to check in more often.

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