FAQ: Buying A First Home

Solid Advice for First-Time Home Buyers in the Chippewa Valley

 

Are there any “must know” tips or details for a first time home buyer? Sure, you can head online and get dozens of suggestions from financial and home buying experts. But we would like to highlight some answers that we think belong at the top of the FAQ list.

  • Are you ready emotionally as well as financially? A lot of people think about the end result – having a home. However, there is a bit of a road ahead as you begin to buy a home. From having a good credit score to a hefty down payment, there are things that can be emotionally or financially challenging. Can you really afford to keep up a home? Does your work life give you time enough for maintenance and upkeep? Really ask yourself about this issue, as it is a huge factor in the end.
  • Do you have access to a good team? Not a team of movers or interior decorators but an actual home buying team. From a good banker or mortgage person to a dependable remodeling & general contractor, a good team can help you understand what you are getting into and how to be truly prepared to own a home of your own.
  • Have you done ALL of the math? Sure, you’ve run numbers like mortgage, insurance, taxes, electric and so on. What about repairs? Do you really know what that house will cost to keep over the next year? Two years? Ten years? This is when your remodeling & general contractor is a priceless asset since they can give you clear estimates about what you’ll need to repair, replace, and so on.
  • Do you have a financial checklist? A general “to do” list? The process of buying a home is lengthy and multi-faceted. You have a lot of small and large steps. Begin with building your team. A good Realtor as well as an experienced remodeling & general contractor will provide a solid foundation for your team. From there, you will be able to understand what you need to do and just how to tackle every step of the process.

If you are ready to buy your first home in the Chippewa Valley area, get in touch with a good lender, Realtor, and general contractor. In the Eau Claire, Wisconsin area, R. Tews Construction & Design is an ideal partner as we have been providing top quality services to homeowners and buyers for many years and can give you solid advice about any of your questions or needs.