First, let me begin with the first thing you should be thinking about if you are planning to buy a house for the first time, there are a lot of things you should be thinking about but timing is one thing that is very important, its sometimes takes longer to find a place than you think, it is not like finding a rental property that you go out to get it in just one weekend.
Don’t rush, the more research you do the better the process will go without a doubt.
Also, location, location, location is a huge factor in real estate always. You need to know how close to the school, workplace market, etc. Sometimes its good to go to the property and drive for work and find out how it feels to live in that neighborhood through different times of the day because sometimes there might different situations at a different time of the day.
What are the things in the house you can comprise (overlooked)? Don’t overlook the nature of the bedroom, bathroom, parking space, security, etc.
Take note of the different types of fees associated with the property before you buy your house, some estate charge a high maintenance fee, some developers charge high infrastructure fee and other types of fees, make sure you ask questions about fees.
You need to be very clear with your payment terms if you are allowed to pay by installment. The rent is paid forwards and the mortgage is paid backward.
Another thing you should do is to speak to an agent in the area, at Growth Stack we call them area specialist, they know more about the area than anyone else.
Do you have strange feelings about buying a house for the first time? No problem shot us a message and we will help you out.