Exeter NH First Time Buyer Information

Buying your first home can be a bit confusing. The Exeter NH first time buyer information below can help.

Real estate is usually the biggest investment for most buyers – start with as much information as possible.

Before Searching for Homes

Find a great Local Mortgage Company & Request Pre-approvals

Speak with a local lender and request a pre-approval. Ask that they user a soft pull of your credit to minimize the impact it will have on your score. Keep in mind that banks may have different alternatives than mortgage companies. Compare their services and fees to figure out the best provider. Get estimates on up-front costs and monthly expenses. This may give a good estimation of what you can afford in Exeter NH.

Get Assistance from a Real Estate Professional

Find a real estate agent to guide you through the home purchase process. Wellsco Agents are trained to put your needs first and will help guide you to finding the perfect home. They are experienced agents, they will help you narrow down options, submit contracts, and facilitate a smooth transaction. Our expertise will make a huge difference for first time buyers.

Notes About Buying Steps

Seeing Real Estate

Only visit homes within your price range. This avoids the heartache of wanting a home that you cannot purchase. Viewing properties can take lots of time and energy, so sticking to your budget will also save valuable time.

Contracts

Wellsco real estate agents can offer tips on contracts and help you negotiate them, but they can not practice law. We work with several local real estate attorneys that can explain legal jargon and add any necessary terms. Do not sign any documents that you are not completely comfortable with.

Inspections

Inspections are not intended for price re-negotiations.  They are to make sure that major problems are not hidden and to help point out things that may need to be attended to in the near future. Sellers may agree to repair some issues, provide monetary concessions, or may do nothing at all.

Final Walk-Thru

Prior to the closing, you will have an opportunity to view the property. Try and make this after the seller has vacated the home. Resolve any issues before signing closing paperwork as there is little you can do afterwards.

Homes Closings

Be sure to bring legal identification to the closing. Bring a bank check or money order for any money due. Have your checkbook ready for any last minute changes. Once the closing paperwork is filed, the property is yours!

More Exeter NH First Time Buyer Information

The home real estate process can be much easier with some advanced preparation and knowledge. For tips beyond what is provided in this Amesbury MA first time buyer information, contact John Wells at Wellsco Realty by calling 978-518-1481 or by emailing teamjohn@johnpwells.com.

Liz Ryan Loan Officer

About Editor-John P. Wells

I am a resident of Newburyport and have worked in education, high tech and urban development. My interests in architecture and construction are invaluable to my clients. For more information please visit the Wellsco website.