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  1. #1
    jamesrobartson is offline Fixer Upper
    Join Date
    Sep 2010
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    London
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    Post Some important points for first time Home Buyers

    If you are going to buy home first time then you should be careful because it can be expensive.
    1- First of all make sure that you have an idea of the different costs and find out ways you could make buying a home possible and less daunting
    2- You should talk to reputable real-estate agents in your area about the real-estate climate.
    3- You should make sure you know what the likely council tax charge will be in your new property and some initial costs like : a deposit, Stamp Duty Land Tax, surveyor's fees, lenders fees and charges, Land Registry fees, removals/or moving in charges.
    Last edited by jamesrobartson; 02-10-2011 at 10:53 PM.

  2. #2
    jake23cordora is offline Renter
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    Feb 2011
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    4

    Default

    thanks for the informations. it was really helpful.

  3. #3
    jamesrobartson is offline Fixer Upper
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    Sep 2010
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    London
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    Post

    In my opinion these are the most important points for first time home buyers and also government provides several schemes for first time buyers. Buyers should visit properties like newly developed houses, new homes, newly built houses and residential property for sale.
    Last edited by Chief Tutor; 02-16-2011 at 09:23 AM.

  4. #4
    Section8Pros is offline Fixer Upper
    Join Date
    Feb 2010
    Location
    Madison Heights, MI, USA
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    Blog Entries
    2

    Default Use Play Money before Really Buying Your First Home

    Our group focuses on homes for sale in Farmington Hills MI, but A lot of people think that they have to buy a home immediately.

    All of the time, I hear things like, "I can't stand that I'm wasting my money renting. If I buy a home, it will be going toward something, at least."

    While, in part, this is true, there tends to be more tongue wagging than brain churning.

    A lot of soon-to-be home owners tend to have no idea how many costs are involved with owning a home. There is home insurance and property taxes, and when these are tied together with the mortgage, often people are paying more each month than they planned.

    This does not even begin to take into consideration that you have to pay for your own maintenance now, unlike most renters.

    So we suggest that you "play house" before actually buying a house. Talk to an experienced real estate professional (We certainly can help here!) about how much your actual cost is going to be once you buy the home and begin living in it.

    Act like you have to pay that much. Don't touch the "extra" money, no matter what. Try this experiment (of playing house) for 3 to 6 months. If you see that you can handle it without too much difficulty, then you're probably ready for that house.

    If not, it's sure better to find NOW than after you get your 30 year mortgage.
    Last edited by Chief Tutor; 02-16-2011 at 09:23 AM.

  5. #5
    shedsnhomes is offline Banned
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    Feb 2011
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    61

    Default

    I completly agree with the above posting and want to give the posting party major kudos for emphasizing the need to get pre-approved by a reputable lender prior to beginning a home search.

  6. #6
    Davidmichal is offline Renter
    Join Date
    Feb 2011
    Posts
    2

    Default some important points for first time Home Buyers

    firstly you want to visit the different property dealers then you can compared the rates and you can take a decision which is best property for you.

  7. #7
    Matthewbrown is offline Fixer Upper
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    Jan 2011
    Location
    Canada
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    31

  8. #8
    jamesrobartson is offline Fixer Upper
    Join Date
    Sep 2010
    Location
    London
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    Default

    Tips, rules and formulas are really just guidelines. You have to use common sense and learn from experienced people if you are first time home buyer.

  9. #9
    vijendrasnv is offline Banned
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    Jul 2009
    Location
    Connecticut
    Posts
    522

    Default

    Every new buyers must have knowledge of everything and mainly the guidelines that really matters in buying home and if they are putting the best efforts than they can work on that points to be successful.

  10. #10
    James_alex is offline Banned
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    Oct 2010
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    269

    Default

    For the first time home buyers it is worth necessary to first look for the capital they have and then to the location so that, it will be very easy in making deals further.

    Home buyers those are first timers needs to be very focus on positive investments that are worth.

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