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Congratulations! You have decided to make an important investment in your future and our city.
As a first-time home buyer in the Memphis area, you are likely experiencing a lot of feelings: excitement, anxiety, confusion, frustration, and maybe a little impatience. All of these emotions are completely valid – this is one of the biggest decisions you will ever make!
At Marx-Bensdorf, REALTORS, it is our privilege and passion to help you find the home of your dreams. Especially when you are buying a home for the first time, there is a lot to navigate and to consider in your purchase.
Our real estate agents’ experience and connections can point you to homes that are new to the market, neighborhoods you may be unfamiliar with, and parts of town that best fit your lifestyle and budget.
If you are thinking of purchasing your first home, follow our guide for homebuyers below:
By contacting your Marx-Bensdorf, REALTOR, you are taking the right step in finding a home that is perfect for you. As the leading experts on homes for sale in the Memphis area, we know Mid-South real estate and can guide you toward the right purchase. If you are new to Memphis, you can start getting a sense of the areas we serve here.
Since buying a home is such a big decision, you need to take time to do your homework. Of course, your Marx-Bensdorf, REALTOR can guide you through this process, but here are some items to keep in mind:
Once you have your files collated, it’s time to meet with a home loan lender and crunch the numbers. Here are some good rules of thumb to follow:
Meeting with your home loan officer will clarify any questions you have about what you can afford and where your money should go. Ask your Marx-Bensdorf, REALTOR for recommendations on finding a home loan lender!
Now that you have everything in place for the financial side of homebuying, you can now focus on the heart of your purchase. What do you truly want in a home?
Establishing your priorities for your new home is crucial in finding a home that is right for you. Consider the following questions when you are making your list:
Finally – the fun part! If you are going to find your dream home, you should dedicate time to a little dreaming.
What features are you looking for in a home? Perhaps you have always wanted a back porch, double sinks in the bathroom, or a walk-in closet. Think about your must-haves, and make a list of what you would love to find in your future home. Inspiration is everywhere these days; access Pinterest and Instagram, browse home design magazines, and just drive around your ideal neighborhoods to see what style homes you like.
Sometimes new homebuyers have very long wish lists, hoping to check all the boxes in each home they see. Of course, this is not always possible, considering budgets and what is currently on the market. However, dream a little and let your real estate agent discuss what is possible for you.
Call us today to get started on finding your perfect home. To see properties that are currently available, visit our Property Search page.