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Any advice for a first time home buyer? [View All]

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AlecBGreen Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-02-09 08:07 AM
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Any advice for a first time home buyer?
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My wife and I are looking at houses and we're wondering if there is any sage advice to be found on DU (I know there is!) So what say ye gentle evilDUers? Any pitfalls to avoid? Tips? Advice? Words of wisdom? Nothing is too small! We are so excited and we want to make sure we do everything right. Thanks!

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Alec & Elf
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  -Any advice for a first time home buyer? AlecBGreen  Oct-02-09 08:07 AM   #0 
  - supposedly that tax credit runs out end of November  Skittles   Oct-02-09 08:13 AM   #1 
  - I have read that it would be folly to put a lot of money DOWN...  PassingFair   Oct-02-09 08:27 AM   #2 
  - Hire your own attorney  One_Life_To_Give   Oct-02-09 08:40 AM   #3 
  - RUUUUUUNNNNNN!  MorningGlow   Oct-02-09 08:43 AM   #4 
  - Was going to post the same about the inspection....  Phentex   Oct-02-09 08:47 AM   #5 
  - I'll confirm that as well. Get the house inspected before you buy it.  Bunny   Oct-02-09 09:03 AM   #10 
  - Agreed about the "fixer-upper"  PVnRT   Oct-02-09 08:58 AM   #9 
  - Make sure you can afford it. Don't let the realtor/loan advisor  livetohike   Oct-02-09 08:54 AM   #6 
  - I recommend you find something you can afford comfortably on a 15-year mortgage.  qb   Oct-02-09 08:56 AM   #7 
  - Try to get an FHA loan  PVnRT   Oct-02-09 08:57 AM   #8 
  - Do NOT be lured by the "Fixitupper"  LynneSin   Oct-02-09 09:23 AM   #11 
  - Look beyond the crappy decorating  bif   Oct-02-09 09:33 AM   #12 
 

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