The Smart First-Time Home Buyer's Guide: Avoid Making First-Time Home Buyer Mistakes
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About this ebook
Do you want to avoid those first-time home buyer mistakes?
Buying a home can be both exciting and overwhelming for all first-time home-buyers. If you have already started the search process, make sure you're not making some common first-time homebuyer mistakes.
Most first-time home-buyers have never gone through the stressful experience of buying a home, and they often have to learn the hard way when buying their first home, but by making only a tiny mistake during the home buying process, it can be extremely costly and frustrating.
In this Informative guide, you will discover all common mistakes most first-time buyers make and some of the most important features to look for when buying your first dream home.
Here is What You Are About to Discover..
• Your core priorities when searching a home
• Why location is everything for real estate
• Things your broker won't tell you
• Tips from some of the top realtors
• Buying or renting out your home
Would You Like To Know More?
Download now and avoid those common first-time home buyer mistakes!
Scroll to the top of the page and select the Buy Now button.
Thomas.K Lutz
Thomas has been a financial adviser/Realtor in Vancouver, BC, Canada since 2002. He provided clients with advice on financial matters, as well as helping people who are in difficult financial situations. Thomas is also an experienced condo Realtor in Metro Vancouver. He had handled hundreds of home sales and purchases in the downtown core of Vancouver and all around British Columbia. Thomas is the author of the book "Should I Quit My Job?" and "The Smart First-Time Home Buyer's Guide". Thomas's goal is to provide different options for people who are not feeling satisfied with their current employment. He believes that everyone deserves to work in a comfortable and friendly environment, not just working to pay bills. When not working, Thomas loves to play with 3 of his husky dogs, and get outside and enjoy the nature. He also enjoys swimming and jogging to stay fit.
Read more from Thomas.K Lutz
The Smart First-Time Home Buying Guide: How to Save for A Home Down Payment with Limited Money Rating: 5 out of 5 stars5/5The Smart First-Time Home Seller's Guide: How to Make The Most Money When Selling Your Home Rating: 5 out of 5 stars5/5
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Reviews for The Smart First-Time Home Buyer's Guide
18 ratings14 reviews
- Rating: 5 out of 5 stars5/5Saving is important if you really want to get a home. I fix my own car, have never gone to a mechanic and I've taken apart and fixed my computer, TV, cell phone and just about anything you can think of to save money. Too bad I can only muster $35,000 a year. Great little book, would recommend this!
- Rating: 4 out of 5 stars4/5This gives me hope and motivation on the possibilities of owning a home. I am also a single mother. This video demonstrates how women can do it on their own. In my case, it seems impossible since My Credit got Low which always discourage and disqualified me applying for home. So I'm not sure if this nonprofit organization works internationally by helping single mothers or those whose dream to own a home, But i never give up trying ways to increase my credit and clear those negative items I met my old friend, who taught me how to wiped off negative items and increase my credit score to Excellent am a house owner thanks
- Rating: 4 out of 5 stars4/5Great book for first time home buyers~ I had issues getting loans even same with my husband and we were really worried. Low credit score, negative items on my card and the most annoying part was that we have been scammed by imposters claiming they were hackers. On a very good day, my husband came across a real, reliable, trustworthy and an excellent specialist at Legit Repairs ORG .
- Rating: 5 out of 5 stars5/5Thomas, Can you be my real estate agent? I trust you n I'm feeling ur vibe!! I'm 40 now n need a lil one family forever home. I would recommend this book .
- Rating: 4 out of 5 stars4/5This guide was so comprehensive! My fiancée and I sat down and took notes! Need some editing, but overall still great. Thanks Thomas.
- Rating: 5 out of 5 stars5/5Excellent book for new home buyer. *Definitely worth Reading. good book.
- Rating: 5 out of 5 stars5/5Great guide for anyone interested in buying homes. Of course a good understanding of the financial and legal aspects are priorities for most buyer, but this book does a great job of encompassing the entire home buying process -- where to live, picking the right home, need for patience. This book is concise and well rounded, but includes the necessary details. Well organized and easy to find relevant details quickly. I love it.
- Rating: 5 out of 5 stars5/5This book is a fantastic one-stop-how-to-buy guide to purchasing a home! It’s easy to read, easy to follow, and really easy to navigate. The summaries at the end of each chapter and the lists make referring back to important topics a breeze! I feel it’s not only for first timers, but is a great refresher for subsequent home buyers! Highly recommended!
- Rating: 5 out of 5 stars5/5Some of the info are quite common sense, but I would still recommend you guys to quickly go through this book before your home purchasing. There are some great tips and great reminders that you don’t want to miss.
- Rating: 5 out of 5 stars5/5Not bad at all. I find this book helpful. One of the tips actually helped me a lot! Thanks Thomas!
- Rating: 5 out of 5 stars5/5Very helpful for new home buyers! I really enjoy this book.
- Rating: 5 out of 5 stars5/5So glad I bought this book! It walked me through everything I needed to know for buying our first house. Sometimes I'd forget to read the next section and be so sorry I hadn't. This book is filled with so much valuable information! The perfect book for those looking to buy their first home, whether its a new house, old house, condo, co-op, fixer upper, etc. this book covers some very important information about each and what to consider. 9.5/10 Highly recommended~
- Rating: 5 out of 5 stars5/5I've read over half the book so far and it's been great. It's an easy read but it's not so easy that they make you feel dumb. I now feel a lot more prepared for buying a house this year! Very happy with the purchase. I love the second last chapter. It’s super helpful.
9 people found this helpful
- Rating: 5 out of 5 stars5/5I actually got this book from a friend. This book is short, easy to read, i spoke to home buyers as i was reading this book their mistakes were the same warnings in this book and their advice after learning matched the advice here. Definitely worth becoming knowledgeable in this type of financial decision.
6 people found this helpful
Book preview
The Smart First-Time Home Buyer's Guide - Thomas.K Lutz
Introduction
BUYING A HOME IS A staggering life-changing decision. The experience of buying a home is intimidating and complex at best. So many things can run through your mind when you think about the perfect home you have always been dreaming of. It becomes even more nerve-wracking when the prospect of buying this perfect home looms above for you. There are limitless options and there is just about everything that you need to decide, re-consider and settle on. The sheer magnitude of the task of buying a home alone dampens your spirits and you begin doubting you could ever buy a home.
However, the admittedly unknown and often daunting territory of buying a home should not dissuade you from getting a home. If you want to avoid feeling too misplaced or weighed down during the entire process of buying a house, zero in on the two basic guiding principles of effective research and abiding thoroughness. Your buying choices must be backed up by an ample amount of research and you must not leave any corner unturned. You must be extremely, hair-splittingly thorough and diligent in the home buying process.
When you stumble across the phenomenon of buying a home, you will find that there will be a myriad of different challenges. Some will be very easy, like picking the right location and then there will be some, which will require professional help and advice, like managing funds and home-buying loans.
With the help of this detailed, in-depth tutorial, the entire buying process will become much easier. You will know exactly what to expect. Nothing makes something more difficult than not knowing what is in store for you. The element of surprise can take you down more than anything else. Some basic steps which are involved in the home buying process include choosing your preferred location, whether rural or urban, what kind of neighborhood are you looking for, is it a school district, proximity to work, or places to buy groceries, all of these are important factors to consider when choosing a location for your home.
Other factors include the kind of house that best suits your needs, and what is your budget, loan processes and details, finding a good and reliable agent, perusing through the various options outlined, settling on the perfect option, writing an offer and going through the escrow process, getting insurance, packing, shifting and finally, becoming a satisfied homeowner.
Common Mistakes That Many Homebuyers make
THERE ARE SOME OBVIOUS hurdles and mistakes that you must avoid when buying a home.
Mortgage Season; a Great Time to Buy a Home?
Often, homebuyers get overwhelmed during the low mortgages season. The housing market is not stagnant, they fluctuate – a lot. Due to many reasons, during the low mortgage season, it feels like it's the right time and you feel sure that this is the prime time to buy a home. However, you must not get swayed by the suitability of the time alone. There are many things that need to be kept in mind when buying a home, even if the time seems incredibly right. Just because the time is right, it does not mean it is the right time for you, especially if you will be moving soon. If the prospect of moving is in the near future, investing in a house will not be a good idea.
So Much to Buy – Such Little Money
Always remember that big money is involved when you are buying a house. Extra features, which seem rather extremely appealing, will involve a large amount of money and that added little facet of wooden windows will cost you a lot. When you are buying houses, you will feel inevitably scatterbrained and giddy. There are so many exciting new features, a delectable little patio, a backyard tucked in the corner, and a little balcony – it is extremely hard to say no to these. When buying a home, make sure you do not digress. You must know your limit and you should be prepared to seriously invest.
Eyes Too Big For Your Pockets
We have all heard of the