Buying your first home is a big deal! However, as with anything new, it can be an overwhelming process. It’s perfectly normal to feel overwhelmed. After all, a home is one of the biggest purchases you will make during your life. Plus, the home buying process can be complicated, full of ups and downs, and filled with surprise expenses. It’s no wonder some people shy away from the process completely!
However, you shouldn’t feel discouraged about the process of buying a home. In fact, you should feel excited! Buying your first home is a huge accomplishment. I invited to my friend Shelby Bohr on the blog today to help ease some of your home buying fears. She is a licensed realtor in both Kansas as well as Missouri. I’ve asked her to share some insight on the process of buying your first home. She purchased her first home when she was pregnant with her son before she became a real estate agent. So, she has seen the process from both the buyer and seller standpoint. She is a wealth of knowledge and I’m so happy she is here to share some of her best advice.
Are you thinking about buying your first home? It can be a bit overwhelming, but so exciting at the same time! I remember when we bought our first house I happened to be 3 or 4 months pregnant. At the time, I was not a real estate agent and didn’t know much about the process. I also had pregnancy brain often. So, I always felt like I was in the dark and didn’t fully understand what was going on. It drove me crazy!
Around this time I decided to become an agent. First, to be able to stay home with my son. Also, because I wanted to be able to help people go through that event of becoming first time home buyers. I decided if there was one thing I could do from the experience of us buying our first house, it would be to pass on what I have learned.
First, get yourself a good agent. Go with someone who feels right. I know the whole process is overwhelming, but the person you choose to be your agent should help make you feel at ease. You’ll feel like they can take care of you and that they actually care about this big event taking place in your life, not just the commission. This person will also know their stuff or they will do everything in their power to find out answers to your questions. Agents are people too, so they will make mistakes. However, a good agent will communicate well with you and do everything in their power to rectify the situation.
Next, evaluate your must haves and your budget. Sometimes those two don’t go hand in hand and it can be a very disappointing feeling to find out a house you love is one you cannot afford. This is also where that good agent comes in handy. You’ll be pre-approved for a specific amount and that agent is going to make sure not to show you houses out of your price range in order to protect your heart from falling in love with a house you can’t afford.
Once you’ve gone through your search and found a home you want to make an offer on it will feel exhilarating. It’s such an exciting feeling to be getting ready to take such a big step for yourself and your family. One of two things will happen. The first option being that you make an offer on a house and that offer gets accepted! It will be fantastic! You’ll start planning out decor and where to put furniture.
The other outcome is not as fun. Your offer could get rejected. At this point, you may feel crushed because that house was “the one.” Trust me, I’ve been there. As you’re trying to recover from the emotional roller coaster that has occurred in a very small amount of time remember “a house does not a home make.”
Moving forward! Say your offer has been accepted! You pack up your belongings. In the mean time, the inspection of your future home will take place as well as the appraisal. Finally the big day will arrive in which you move everything in! If you’re pregnant you should not be lifting a finger. Invest in a whip! Your job that day is to direct where furniture goes and try not to stress out too much.
Now that I have given you a glimpse into the process of what it’s like buying your first house, I want to give you two last pieces of advice. One, check with your lender about First Time Home Buyers Programs for financing. Two, savor every second of this big event! You’ll run into bumps in the road and yes there will be at least one small thing wrong with your house. However, the important thing to remember is that it is yours.
If you ever have any questions about buying a home or you know someone looking in the Kansas City Metro area send them my way! I would love to help!
REALTOR, Licensed in MO & KS
Reece Nichols Realtors, a Berkshire Hathaway Affiliate
5000 NE Lakewood Way Lee’s Summit, MO 64064
D: 816-251-1788 C: 316-213-4188