You're first home buying experience

['73 H1 Triple]

Ask friends, neighbors and co workers who they would suggest for a realtor. Also ones to stay away from.

Ok, it'll be your first home and you will be selling it later. Make sure it has a nice floor plan.

If it's an older home, make sure you can get furniture in it easily. I helped a friend move into a converted school house. We ended up cutting the bottom frame of his brand new queen size box spring to get it into the bedroom.

My first house was financed by GMAC. I signed their paperwork at closing. Later in the paperwork I signed another paper acknowledging the mortgage was sold to another lender and I would be paying them.

Mortgages get sold all the time. Keep your paperwork in order and receipts from payments made including escrow payments.

My first home was FHA financed. Since it wasn't a "perfect" FHA home, I had a VA inspection which was "converted" to FHA which was accepted. Yes, as screwed up as that sounds, it worked

When you pick a home inspector, ask if you can follow him around. If he says no, find another. IT'S YOUR MONEY on the line. Follow him and ask lots of questions. You'll find out stuff that doesn't make it onto the report.

Also get "bug infestation" inspection. Termites can cause a lot of damage that is unseen by the untrained eye.

If the house you look at is part of a HOA, make sure you agree with the rules before you make an offer.

If it's in town ( or a development)-- Is it fully improved? Meaning sidewalks, septic hooked up & city water?

if country, get full water test on the well and a full septic inspection. A new well is a chunk of money and a new septic system is a VERY large chunk of money.


I'll add more later

Jeff