Evonne Tribble Principal Broker G.R.I: Advice For First Time Home Buyers

Brookings, Gold Beach, Oregon Coast Real Estate Sales

Welcome to the Southern Oregon Coast!
About Brookings-Harbor
Nestled on the southernmost Oregon Coast [map], at the heart of America's Wild Rivers Coast, between the breathtaking scenery of the Oregon Coastal Range and the Pacific Ocean, the community of Brookings-Harbor offers an incomparable quality of life.
It is a place where wild and scenic rivers flow through towering forests, a place where you can discover a quiet waterfront town overlooking majestic ocean vistas, and a place where you will find some of the best weather and recreation on the west coast.
As the largest community in Curry County, with a population of approximately 14,000, spread over a fifteen mile long bench of land along the Pacific Ocean, the Brookings-Harbor area's pristine, rugged, accessible and picturesque coastline, natural beauty, mild year-round climate and cultural activities attracts people from throughout the United States.

Wednesday, June 8, 2011

Advice For First Time Home Buyers

Advice for First-Time Buyers
Pre-Qualification: Meet with a mortgage broker and find out how much you can afford to pay for a home.

Pre-Approval: While knowing how much you can afford is the first step, sellers will be much more receptive to potential buyers who have been pre-approved. You'll also avoid being disappointed when going after homes that are out of your price range. With Pre-Approval, the buyer actually applies for a mortgage and receives a commitment in writing from a lender. This way, assuming the home you're interested in is at or under the amount you are pre-qualified for, the seller knows immediately that you are a serious buyer for that property. Costs for pre-approval are generally nominal and lenders will usually permit you to pay them when you close your loan.

List of Needs & Wants: Make 2 lists. The first should include items you must have (i.e., the number of bedrooms you need for the size of your family, a one-story house if accessibility is a factor, etc.). The second list is your wishes, things you would like to have (pool, den, etc.) but that are not absolutely necessary. Realistically for first-time buyers, you probably will not get everything on your wish list, but it will keep you on track for what you are looking for.

Representation by a Professional: Consider hiring your own real estate agent, one who is working for you.