3 Tips for First-Time Homebuyers

Are you a newlywed or someone buying your first home? Follow these three tips to make life easier on yourself.

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If you're a first-time homebuyer or a newlywed buying a home, these tips will help you:
  1. It's all about the budget: Your house is more than just a mortgage payment. Over time, you'll have to pay for maintenance and insurance. That's why we recommend you pay between 25% and 35% of your household disposable income toward that mortgage payment. 
  2. Location, location, location: Think about school districts even if you don't have kids. When the time comes to sell in the future, it'll be easier if you're in a positive school district. 
  3. Think about school districts even if you don't have kids.
  4. Communicate about the top features of the home: During our free buyer consultation, we'll get a list of features that you and anyone living in the home would like to have. Then, we compare the lists and merge them into one list of must-haves so we can find your dream home.
If you have any other questions about preparing to buy your first home, give us a call or send us an email. We'd be glad to help!

What I Think We'll See in the 2nd Quarter Market

With the first quarter in the books, I wanted to give you some predictions for the second quarter here in the Charleston market. I think it will be an amazing time to get your house on the market.

Buying a Charleston home? Get a full home search
Selling your Charleston home? Get a free home value report

With the second quarter underway, I wanted to give you my predictions for the upcoming months here in the Charleston market. 

The first important thing to note is that there was a lot of pent-up demand last year because of the storms we had and because of the election. The first quarter of 2017 was absolutely amazing though with more people putting their home on the market than normal, more sales, and more people moving to Charleston. This is a testament to the market because the first quarter is typically one of the slowest quarters of the year. 

So what does it all mean for the second quarter?
Everybody wants to move during the summer when the kids are out of school and the days are longer.
Remember that even more people get their homes ready to go on the market at this time of year. They want to move during the summertime when the kids aren’t in school and they have more all-around flexibility, along with longer days. The real estate market typically has the highest turnover rate in the second and third quarters.

However, it’s important to remember that all the people planning to move to Charleston are planning their move during this period. That’s why if you’re considering selling your house, now might be the absolute best time. We can help you figure out exactly what you need to do to get your house ready for sale because now might be a perfect time. 

If you’re thinking about selling your house or you have any other questions we can answer, don’t hesitate to give me a call or send me an email. I’d love to help you out!