KERRVILLE REAL ESTATE NEWS

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6 Tips for First Time Kerrville Home Buyers

Though being a first-time home buyer is incredibly exciting, it can quickly become overwhelming. Banks, Realtors, sellers, mortgages, and home inspections can quickly make the home buying process a stressful one. However, several key tips can help streamline the process and make buying your first Kerrville home far more enjoyable.

1. Consider location:

Even if a house has everything you’re looking for, a poor location can leave you with buyer’s regret. Be sure to check school districts, crime rates, proximity to transportation, etc. before you make your final decision.

2. Know your budget:

It’s not always wise to take out the max loan for which you’ve been approved. Be sure you fully know your GMI (gross monthly income) and monthly expenses before you assess the budget on your new home. Also, don’t forget to factor in upkeep costs and taxes after your home is purchased!

3. Get pre-approved for a mortgage:

Research different banks to find the lender appropriate for you and your new home. Getting pre-approved ensures that your deal won’t fall apart at the last minute! When it comes to your mortgage, it’s always better to be over prepared.

4. Get a home inspection:

Getting a reliable home inspector can save you thousands in the long run. Though things look like they’re running smoothly at first glance, an expert opinion is always valuable. Know exactly what you’re buying before you close.

5. Keep a "needs vs wish" list:

While every first-time buyer has dreams of the perfect floor plan, amenities, and a backyard, you may have to compromise on a few details. It helps to list out your “needs vs wants” so that you’re able to make a more level-headed decision in the end.

6. Find the right REALTOR®:

At the end of the day, the right Kerrville real estate agent can make or break your home buying experience. Your KW Kerrville Realtor will have vast insider knowledge and experience, as well as the ability to explain all the technical details you might not understand as a first-time buyer. Make the process smooth and easy with a KW Kerrville Realtor on your side.