Because a first-time homebuyer has never been through the buying process, it’s important to work with an experienced agent that can walk you through each step of the process. Here are some things an agent can help you with:
- A good agent would inform you of the loan programs designed to assist first-time homebuyers; such as, Grant Programs, Buy Downs, higher limits on Closing Cost Credit.
- It is important you understand there are many steps that need to be taken before you start looking for a house. A knowledgeable agent will be able to guide you through the process while keeping your wants and needs in mind.
- Hiring an agent that understands the ins and outs of contract terms can make all the difference when trying to purchase with minimal cash.