answersLogoWhite

0


Best Answer

As a first-time house buyer purchasing their first home, the person should first consider which type of home best suits their needs and what specific features the ideal home would have. One should also consider the price range and mortgage one would qualify for. Before closing the deal, one should obtain a home inspection for the quality, safety and overall condition of the home.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: As a house buyer what should a person look for in purchasing their first home?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

First home buyer should wait how long before refinancing?

First home buyer should wait how long before refinancing?


Who issues performance bond first seller or buyer?

Buyer is the one who is purchasing the goods from the seller...hence..the buyer must issue a non-operative PB to the seller...and the seller will issue an operative PB to activate the PB.


Would you be considered a first time home buyer if you purchased and then divorced?

NO. A first time means just that. The purchase of a house is your first time purchasing a house.


How should I approach a local art school about selling supplies to their students?

The first thing you need to do is call the art school and find out the person who is in charge of purchasing supplies. Make an appointment with this person and take along a sample range of your products. Remember, when you meet the buyer to be clear of your prices, product range and delivery terms. And be confident!


What is a first time buyer?

A first time buyer is normally refering to a person who is to buy a house for the first time rather than live by rent or lease


What is the meaning of 'third-party software'?

The first two parties are the entity purchasing the software (the buyer), and the entity manufacturing the software (the seller).


When dealing with a diamond buyer should they quote a price first or should the seller?

There is no right or wrong way for giving or receiving a quote. Often, who quotes first will depend on the buyer.


What is the first that a smart new car buyer should take before talking to a sales person and putting a deposit on a car?

Test drive the car


What are some things first time home buyers need to know about home loans?

Purchasing a new home can be a frightening experience if the purchasers are not versed in loan procedures. First, the home buyer should know what their interest rates are. Second, the home buyer should look at loan options, such as loan amortization. Finally, purchasers be aware of "crippling" payments which are often affixed to the last few payments of the loan. Individuals should also thoroughly check the business standing of the mortgage lender. This will protect the buyer from further legal problems.


What should a first time home buyer look for in a mortgage loan?

The most important thing that a first time home buyer should look for in a mortgage loan is that it works for the person who is getting the loan. It's always smart to ensure that it's a reasonable amount and time, in order to fully pay off the mortgage when planned.


How would a person find out if they qualify for the First Time Home Buyer Tax Credit?

In a span of three years mainly, from 2008 to 2010, a person may qualify for the First Time Home Buyer Credit if they had bought primary residence from that year.


What steps should you take first when a GPC is lost or stolen?

Purchasing construction.