Finally – your first house is within your grasp! You’ve researched loans, talked with lenders and diligently saved for your down payment. What do you have in common with other newbie home-buyers? Just take a look below.
Detached homes
The majority of first-time home buyers are couples looking for a detached home. Less common are couples or singles looking for townhomes and co-ops. Of course, if the latter is your preference, no worries. You just get what’s right for you!
Many first time-home buyers have young children, or plan to in the future. Therefore, a house’s proximity to top-notch schools is high on their wish list. Even if you don’t have children, if you’re thinking of resale value, a neighborhood with good schools is worth considering.
Along with kids, first-time home buyers often bring their pets to their new house – and need a fenced-in yard for them. After years of dragging Fido in and out of cramped apartments, they’re ready to let him run free in the open yard – safely protected by a fence, of course! And since quality fences can be expensive to install, having one already there can save buyers a bundle.
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