Pointers for first-time buyers:
- When looking for a lender, it’s important that buyers – especially first time buyers – do their research. Buyers should ask for resumes, references, and see if they have an active online presence.
- When submitting offers, buyers should consider adding a cover letter that explains why the buyer wants the home, and even family photos can add a nice personal touch.
- While waiting for the home to close, try not to move money around a lot because the entire paper trail will have to be documented. That documentation can be a pain and could delay closing.