First-Time Buyers

First Time Ruidoso Buyers Information

 

Purchasing a new home can be a frustrating experience from securing a loan to your possession date.  On top of it all this is more than likely the largest investment that you have made so far in your life.  Don't let the process scare you into the not moving ahead or cloud your judgment.

 

An informed buy is a better buyer these 10 common buyer mistakes are designed to inform you and remove the mystery of buying a home.   Your Ruidoso New Mexico Real Estate Agent can help you with your buying decision.  If you need an agent or have met one of ours please visit our agent roster

 

  1. Inspect — After you have had an inspection done on the home make sure you understand everything in the inspection report.  Have the inspector go over it with you, better yet be there when they do the inspection.
  2. Envision Vacancy — try and find the potential in the property instead of its current state.  Your likes and dislikes are different than the sellers imagine your furnishings and style while in the home. 
  3. Debt to Income Ratio — Sit down with your mortgage advisor and agent so that you can come up a realistic purchase price of your home.  You need to know how much home you can afford before you start looking.
  4. Search and Visit — Search all New Mexico Real Estate on our site.  Make sure that you are finding homes that you can afford and after you find your top 10 have one of our Century 21 Aspen Real Estate Professionals show you the homes you have selected.
  5. Team — By having Real Estate agent and a Mortgage Broker on your side you will find yourself in better purchase power than going it alone.  Our agents have tons of contacts form mortgage lenders to home inspectors.
  6. Investigate — ask you agent for all costs how much does it cost to heat the home in he winter what are the home owner dues.  Ask questions until you are satisfied.
  7. Final Walk Through - a tour or final walkthrough make sure everything works.  Turn on the heat make sure the furnace comes one.  Run the hot water make sure the water heater works.  Make sure everything is in working order.
  8. Be Flexible — Your closing date and move in date are flexible based on when the paper work can be signed and if there are contingencies in place.  Have a back up plan.
  9. In Writing — If it is not in writing then if doesn't exist.  Do not assume that you are getting the appliances get it in writing.  Do not assume that the sellers are going to fix something get it in writing.  Read this one more time GET IT IN WRITING!!
  10. Loyalty — Be honest with your entire team don't hide anything. We are here to help you move in to your dream home.

For more information on finding your particular Ruidoso real estate or property contact us today or start your search online! We have up to date listings on all New Mexico real estate.

For more help for first time buyers see our affiliates that have excellent articles:   John and Carmen Limotte have excellent record of buying and selling in the Sedona real estate area. They specialize in Luxury Sedona homes and condos.   We specialize in helping buyers and sellers come together.  Coldwell Banker is your source for all Santa Fe real estate including homes, condos, properties and lots in the Santa Fe New Mexico area.  For all Pullman WA real estate and any buyer and seller information for the entire Whitman County area, contact our offices today. We are your Pullman Property expert. Glendale Arizona Real Estate - Search every property for sale in the Glendale AZ area. Find Glendale Real Estate, homes for sale, golf property, condos, commercial property and more with our interactive map search. Contractor Warehouse - Samuel L. Bryant Investments has over 5 decades of experience providing Houston office warehouse space for lease at affordable rental rates. Contact us at 713-660-6000!