Atlanta Real Estate - First Time Home Buyer: Atlanta New Homes

As your Agents, we will:

• Assure that you see all the properties in the area that meet your criteria.

• Guide you through the entire home buying process, from finding homes to preview, to getting the best financing.

• Make sure you don't pay too much for your new home and help you avoid costly mistakes.

• Answer all of your questions about the local market area, including schools, neighborhoods, the local economy, and more.

Before you start looking for your Home:

• Check your credit rating.

• Straighten out any errors on your credit report.

• Determine a comfortable monthly budget for your new purchase, including down payment and monthly payment.

• Find a loan program that meets your needs and get pre-qualified (preferably pre-approved).

• Choose a REALTOR© that you trust and who understands your needs.

• Determine what neighborhood best matches your needs.

• Identify important features you need your new home to have.

Closing Costs to expect:

• Lender fees include charges for loan processing, underwriting, preparation and establishing an escrow account.

• Third-party fees include charges for insurance, title search, and other inspections such as termites. Government fees include deed recording and state & local mortgage taxes.

• Escrow and interest fees include homeowner's insurance, loan interest, real estate taxes, and occasionally private mortgage insurance.

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> First Time Home Buyers

First time Home Buyers

Buying your first home can be a stressful event, but it doesn't have to be if you have experienced Buyers Agents who can assist you throughout the entire homebuying process. From start to finish we will educate you on what the necessary steps are to owning your first home!

Eight steps to buying a home:

1. Figure out how much you can afford
2. Shop for a loan
3. Learn about homebuying programs
4. Shop for a home
5. Make an offer
6. Get a home inspection
7. Shop for homeowners insurance
8. Sign papers

Step 1 - Figure out how much you can afford:
What you can afford depends on your income, credit rating, current monthly expenses, downpayment and the interest rate. The calculators below can help, but it is best to visit a lender to find out for sure.

How much home can you afford?
Buying vs. Renting

Step 2 - Shop for a loan:
Save money by doing your homework. Talk to our lenders, compare costs and interest rates, negotiate to get a better deal. Get pre-approved for a loan. Look for the best mortgage: shop, compare, negotiate. Let us help you!

Step 3 - Learn about homebuying programs:
FHA loan programs offer lower downpayments and are a good option for first-time homebuyers.

Step 4 - Shop for a home:
That's where we come in - We can assist you and your family with your home search. Make a home-shopping check list and take this list with you when comparing homes.
Atlanta Home Search here!

Step 5 - Make an offer:
Discuss the process with us. We will negotiate the best deal possible for you. If the seller counters your offer, you may need to negotiate until you both agree to the terms of the sale.

Step 6 - Get a home inspection:
Make your offer contingent on a home inspection. An inspection will tell you about the condition of the home, and can help you avoid buying a home that needs major repairs. We recommend that you get one, it's worth the investment!

Step 7 - Shop for homeowners insurance:
Lenders require that you have homeowners insurance. Be sure to shop around or ask us and we can refer you to some great companies that offer home insurance.
12 ways to lower your homeowners insurance costs

Step 8 - Sign papers:
You're finally ready to "close" on your dream home. We'll be at the Closing with you to ensure that all documents are correct!