First Time Home Buyers
By working with and Emerick Real Estate, Inc. agent, you can find peace of mind when buying your first home. We will guide you through the process of becoming your own landlord. Below you will find tips that will help you in the search for your dream home.
Tips for First Time Home Buyers:
Pre qualify for a loan: Being pre qualified for a loan determines how much house you can afford. It also allows you to move more swiftly when you find the right house, especially when you aren't the only interested buyer.- Shop for mortgage rates and terms: A difference of even half a percentage point can make a huge difference in how much you pay over the life of a loan. An Emerick Real Estate, Inc. agent can help you find the right loan officer and home mortgage program!
- Using a buyer representative: A buyer representative works toward representing the buyer's interest in a real estate transaction. Generally, the buyer coordinator is compensated by the seller at the time of closing. Emerick Real Estate, Inc. has accredited buyers' Realtors® who are familiar with assisting first time home buyers, individuals relocating to Las Cruces, and Las Cruces residents.
- Features that help or hurt resale value: In some areas, a swimming pool actually detracts from a home's value and makes the home harder to sell. In neighborhoods with two-car, attached garages, a single-car or detached garage may impact the home sale and future value. Your Emerick Real Estate, Inc. representative can point out features that hurt, as well as those that help, resale value.
- Rate the houses you tour: After touring each home, write down what you liked and didn't like. Develop a rating system which will help you narrow the field down to the house that's the best for you.
