Buying an Inland Empire home often brings with it some uncertainty, especially for first-timers. So, I thought I would put together a helpful first-time homebuyer guide. Last week, I talked about what to do before you start looking for a home to better prepare yourself for the process. Now, let’s go shopping!
First-Time Homebuyer Guide: Searching for Your First Home
Create a List of “Wants” vs “Needs”
It only helps you if you sit down and create a list of what you need in an Inland Empire home. For example, how many bedrooms and bathrooms do you need at a minimum? How many square feet? Do you want a single-family home or would you prefer a townhome or condo? Single-story or multiple-story? Turn-key or fixer-upper? This helps your agent weed out the properties that do not fit your needs so you do not waste your time.
Feel Free to Conduct Your Own Search, Too
Your REALTOR® can access properties that you may not have on the MLS. But feel free to conduct your own search as well. According to a joint study conducted by the National Association of REALTORS® and Google, 90% of home buyers used the internet at some point during the home buying process. If you see something you like, let your agent know so they can set up an in-person tour for you. Drive around the neighborhoods you like and look for any “for sale” signs. Keep an eye out for open houses.
Another great way to get an idea of what you like in finishes, amenities, and size is to visit model homes in new communities around the Riverside area. Sometimes, what you think you like may not actually translate well when you see it in real life. For example, perhaps you believe 1500 square feet is plenty of room for your family. But when you actually go into a property that size, you might find that you actually need more room. Many of us are visual and tactile creatures. So, seeing designs in person helps us get a better picture.
Even with new construction, real estate experts strongly suggest you still use your own agent. The salespeople you find at model homes represent the builder. They have the builder’s best interest in mind, not yours. Now, that does not mean that they are out to “get you”. However, you still need someone on your side when dealing with any real estate transaction, especially when you are a first-time homebuyer. So, before you start looking, contact me. I’m always happy to help.
Muna Dionne, your Inland Empire specialist with Coldwell Banker Realty