How to buy house in Houston

1. Set and continually manage expectations

Libby Levinson, a real estate agent, has worked with several millennial first-time homebuyers and says the very first step an agent should take is to sit down with them and thoroughly explain every step of the transaction before looking at any properties.

This helps to set expectations for the general process. Preparing ahead of time can help you and your clients avoid surprises during the transaction and provide a clear roadmap from which to work.

2. Coach them on the long-term

Often, a millennial first-time homebuyer cannot afford what they think they want.

“I try to show my first-time homebuyers the value of property ownership in the long run and explain to them how a less-expensive home now can easily be parleyed into bigger, better properties later,” said Taylor Wilson.

“In other words, not buying the dream home now is not a reason to keep renting.”

In addition, it’s a good idea to advise a millennial buyer to think about what a comfortable monthly payment would be for them, long term.

Typically, first-time buyers will get pre-qualified for their max amount, but that might not be what they are comfortable spending on a month-to-month basis.

3. Be positive

If you’re a millennial who has paid any attention to the news over the last several years, it’s easy to feel discouraged when it comes to buying a home.

Salaries can’t keep up with the standard of living, and many feel trapped in a vicious cycle of pouring all of their money into rent each month. Forget about a 20 percent down payment on a home.

But that’s not always the case. What millennials might not know is that they actually do have options when it comes to financing.

Source: pncrealestatenewsfeed

About Ameri State Realty: Professional Realtors, Marisol Mendez and Esteban work together and represent early buyers for the purchase or sale of new or used homes in Houston, Cypress, Katy, Spring, Tomball, The Woodlands or any other community in the Houston area we can advise you. “I am a Real Estate Professional in the Greater Houston Metropolitan Area. It has been my greatest pleasure to have helped many families close on their properties in the Houston Area. I am committed to making sure that your buying/selling experience is an enjoyable one. I am passionate about what I do and always looking out for the best interest of my clients.”

How to buy house in Houston.

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