I am a buyer's agent in New Jersey (serving Hudson, Bergen, Passaic, Essex, & Union County) :Help you find the right property. As your agent I will determine what you are looking for and
First Time Home Buyer Tips
Few years ago, I was on my way to become a life long renter in NYC and New Jersey until I moved out to Los Angeles for work. I was tired of paying rent to others and longing for a home of my own. I knew my first home purchase would be an investment. Here are some tips from my adventures as a single person buying a home:
Find a realtor that has experience with first time homebuyers. Someone who will work with you in your price range and the time to search (took me 3 months to find my first home) Your realtor will help you in the negotiating process and become an asset on your team. He or she can connect you with a lender to help you find the right loans to qualify for.
First thing gather all your financial information (credit card statements, car payments, pay stubs, savings, checking and retirement accounts) and get pre-approved through your lender. Before your home search find out how much house you can afford.
Figure out what kind of property you want - a condo, single family or a multi-family. I knew a condo was the best choice for me. As a first time homebuyer I wanted something with very low maintenance. I also wanted a 2-bedroom/2 baths and the option to rent out the room for extra income.
Location, location, location! For my property in Los Angeles I knew the commute would drive me crazy so I made sure I was ten minutes from work. I also wanted a high floor for safety and near restaurants.
Build up your team, ask for referrals. Bring a friend or family along for support but remember you are the one buying the house and paying mortgage payments. Finally and foremost have fun finding your first home !
Mercedes Torres / Real Estate Associate
email@example.com - c: 201-615-7085
The Michael Gonnelli Group Remax-Infinity
1249 Paterson Plank Rd Secaucus, NJ 07094