Thursday, May 08, 2008

First Time Home Buyers in Washington State

First Time Home Buyers in Washington State

Do you fit that category? You will want to visit this website, a dedicated page on the Washington Realtor's Web site that will give you great information on the home buying process and a step by step guide to accomplish this.

Here's an sample of what is available to you:

Congratulations! You are thinking of buying your first home. We know this is a big decision for you with a lot of unknowns.Many first time home buyers will contemplate the decision for years before taking any action, even a first step. Our research indicates that once a first time home buyer does take that first step, they purchase their first home within three months.This site helps you take that first step.Once you purchase a home you will soon learn the tax advantages of home ownership and the opportunity to build equity (or wealth) over time. According to the Federal Reserve, the median household wealth accumulation for a homeowner was $184,000; in comparison, the median net worth of a renter was $4,000.You've probably already been using the Internet to search for homes, financing options and home buying information. You will find many of those resource links included in this brochure. We also encourage you to contact a Realtor® at the very beginning of your quest and put that Realtor® to work for you. He or she will help you find what you are looking for in a home, in the area you want, and at a price you can afford. When you find a home that you want to make an offer on, your Realtor® will research the market and let you know if the price is fair. He or she can help you negotiate an offer and advocate on your behalf throughout the process.

A Realtor® can help take the mystery out of the purchase of your new home and show you the ropes. There are hundreds of little details in buying a home and some details that are not so little-like property lines, easements, earnest money and the time allowed for home inspections (to name a few). Don't worry, you will be involved throughout the process and if you have any questions along the way, do not hesitate to ask your Realtor®.

Starting the home search
Determine how much home you can afford
Shop for a loan & research first time home buying programs
Decide on a home & make an offer
Get home inspected
Shop for homeowners insurance
Complete the transaction

The 28 page booklet is downloadable in a pdf format for your use or contact me to send you one at or 425-308-3669.

Remember to look for the REALTOR® trademark designation when contacting an agent. Not all licensees are REALTORS® and "NO ONE KNOWS WASHINGTON REAL ESTATE LIKE A WASHINGTON REALTOR®.

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