Coldwell Banker Grass Roots Realty | Nevada County, CA Real Estate
Contact Our Nevada County Coldwell Banker Mortgage Advisor - (530) 205-4611 Facebook Real Estate Twitter Nevada County CA YouTube Nevada County Real Estate Blog Pinterest
 
 
 
HOMES   LAND   COMMERCIAL   RENTALS   REALTORS® / OFFICES  
AREA:
PRICE:
TO
BEDS:
 BATH:
> Advanced Home Search    
 
 
 

What Every First Time Buyer Should Know

Buying a home is one of the largest financial commitments a person can make in his or her lifetime. It's especially critical for first-time buyers to make informed decisions about the investment that they are about to make.

Coldwell Banker® offer these tips to first-time homebuyers to help make the process easier.

Define your wants versus your needs. Making a list of wants and needs before beginning the search for a home can make the entire process less overwhelming.

Check your credit rating. "Being approved for a mortgage is critical and a very easy process," said Lynn Bodenheimer, assistant manager, Coldwell Banker Residential Brokerage in Chesterfield, MO. "With Coldwell Banker Mortgage, it is done with just a phone call from either an agent's office or anywhere there is a telephone. Having a pre-approval in hand affords a buyer strength in negotiating, particularly important in a highly competitive marketplace, which many first-time home buyers encounter."

Investigate the neighborhood. Where are the schools and places of worship? How far is the nearest hospital or grocery store? Is commercial garbage collection available or do homeowners dispose of their own trash? These are basic, yet important, questions that some first timers may not think of until after closing on a property.

Be an informed buyer. Some neighborhoods have deed restrictions such as exterior maintenance, lawn care or fencing. "All too often, buyers aren't aware of restrictions that apply to their use of the property until it's too late," said Cheryl Kumma, sales associate, Coldwell Banker Bain Associates in Bellevue, WA. "Buyers should check with their real estate agent so they understand what restrictions are enforced in the area they are interested in."

Insist on a home inspection. Attend property inspections, be aware of environmental concerns and ask questions. "A small investment of time and money could save buyers a lot of headaches down the road," said Kumma. Look for a property with a home warranty. A Home Warranty offers a comprehensive insured home warranty that decreases the likelihood of a sale failing due to unexpected surprises.

Get help with the details. Coordinating these and the many details of a move can be overwhelming for even the most experienced homebuyer. Look for a real estate company that can help coordinate related services. The Coldwell Banker® Concierge program is an exclusive service that aids in coordinating all the necessary details involved in buying and selling a home.

Don't rush. "Whether they're just excited about moving into their new home or concerned about the possibility of hikes in interest rates, many first-time buyers hurry important decisions and overlook property flaws," said Bodenheimer. "Purchasing a home is an important investment and buyers need to thoroughly think through the process to avoid making choices they will regret in the future."

 

New Real Estate Listings in Nevada County CA, Grass Valley, Nevada City, Penn Valley, Lake Wildwood, Lake of the Pines New Listing Notifications
Let us do the searching for you!
Based on your criteria, we will email you daily with any new listings that fit your needs.
You can remove your name at any time.

> SIGN UP NOW!
 
 
RELATED PAGES
Learn

 
Grass Valley: (530) 273-7293   |   Nevada City: (530) 265-3282   |    Penn Valley / Lake Wildwood: (530) 432-1131   |    Auburn / Lake of the Pines: (530) 268-1575
Best Real Estate Company in Nevada County, CA JUST VOTED BEST REAL ESTATE COMPANY... AGAIN
Nevada County’s “Best Real Estate Company” for 7 out of 9 years by The Union...

> Learn More
Nevada County Home Search On Mobile Phone REAL ESTATE
ON THE MOVE

Take our mobile search with you. Bookmark your mobile device and look for homes for sale on the go...
> Visit Mobile Site
Become A Real Estate Agent BECOME AN
AGENT

Thinking about a career in real estate? See how agents elevated their real estate careers at Coldwell Banker.
> Learn More
Resource Guide

NEVADA COUNTY RESOURCE GUIDE
Download our publication with area information, real estate tips, services and more...
> Learn More

 
     
 
Home For Buyers For Sellers Find a REALTOR® Real Estate Info About Our Company About Nevada County Open Houses Contact Us
Homes For Sale in Grass Valley, CA Homes For Sale in Nevada City, CA Homes For Sale in Lake of the Pines / South Nevada County, CA Homes For Sale in Penn Valley / Lake Wildwood, CA
Grass Valley Real Estate Nevada City Real Estate Lake of the Pines
South Nevada County Real Estate
Lake Wildwood Real Estate
Penn Valley Real Estate

For Buyers Find a Property Get New Listings By Email Find a REALTOR® Mortgage Center Relocation Services Buyer Resources Neighborhood Info
For Sellers Our Agents Relocation Services Enhancement Program Seller Resources Seller Service Guarantee My Home Value
Real Estate Info Real Estate Videos Buyer Resources Seller Resources Homeowner Resources Mortgage Center Real Estate Glossary
About Our Company Our Agents Supporting Our Communities Local Non-Profits Our Awards Careers Referral Network Contact Us
About Nevada County Our Communities Community Events About Our Schools Points of Interest Local Non-Profits Market Data

Coldwell Banker Grass Roots Realty