You’re ready to take the step. It’s time to think about purchasing your first home! As a generational group, millennial home buyers are the largest demographic currently purchasing new homes. We’re excited to regularly offer homes to first time buyers at Cresleigh! Though the process is incredibly exciting, it can also be a bit daunting. Make sure to follow these tips to set yourself up for success as a first-time home buyer!
Mark your Calendar
The first step in moving toward home ownership is establishing a timeline and a clear goal. Determine when you’d like to be settled in your new home, then work backward. Setting your intentions firmly is the best way to get things moving! Every journey begins with a first step, and this one is critical. Set the date on your calendar, and you’ll be amazed at how quickly your motivation skyrockets.
Talk to a Mortgage Lender
Sure, there’s lots of mortgage information online. You can absolutely learn a lot from mortgage calculators and educational articles. However, in order to make your own personal home buying dream come true in real life, you’ll need to speak to a qualified lender. Calculating a potential mortgage includes lots of factors, and a professional will help you consider your earnings, expenses, debt, and more. You’ll finish your meeting with a solid plan and confidence that you know exactly where to go next.
Make a List, Check it Twice
Before you begin your home search, determine your list of must-haves, nice-to-haves, and negotiables. Do you require a certain square footage? How do you feel about outdoor living space? What requirements does your family have when it comes to single or two-story living? Make sure to have detailed conversations with your partner or any other adults who will be sharing the home with you. Once you know what you’re looking for, you can be much more focused and targeted in your search.
Reach out to Cresleigh!
We’re experts in the field of building homes and finding wonderful new owners to fill them. Have questions about the process of securing your loan, prepping for a mortgage, or even how to determine your checklist of must-haves? We’re here to help! Browse our incredible communities to get a taste of what we offer residents, and then get excited to join us!