Buying your first home is a major commitment, and not something to be taken lightly. No matter how much or how little you have to spend, there are some key things you need to look for in that starter property.
You do not need granite countertops or a hot tub in the master bathroom to enjoy your homeownership experience. If you are in the market for a new home, it is a good idea to take a step back and focus on the basics.
Here are some key things you need to look for when shopping for your first home
If the home you are looking at is not structurally sound, nothing else matters. No matter how great the neighborhood or how low the price, buying a home in need of major repairs can be a nightmare for the first-time homeowner.
Unless you are an experienced contractor and are willing to live in a work in progress, it is best to pass on homes that have major problems. Always get a thorough home inspection before making an offer on any home, and read the results carefully. Do not rely on the inspection report done by the seller; always get an independent view of the home and its structural integrity.