We all have our own visions of the perfect home, but the realities of the process can sometimes catch us off guard.
If only there was a way to tap into the collective wisdom of those who have been there before…
Well, now you can!
We’ve scoured the internet to bring you real insights from first-time homebuyers who have shared the 15 things they wish they knew, so that you don’t make the same mistakes.
1. Be ready to spend more
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by u/TanLimes from discussion What’s something you’ve learned after becoming a first time homeowner?
in homeowners
Be sure to factor in the time and money you’ll be investing.
Because at the end of the day, we all know you’ll have even less of it than you think.
2. Pinpoint your priorities
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by u/OrangeCosmos from discussion What’s something you’ve learned after becoming a first time homeowner?
in homeowners
As they say, Rome wasn’t built in a day.
Take your time, and know your priorities.
3. For landed homeowners, check your lawn!
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by u/WashuWaifu from discussion What’s something you’ve learned after becoming a first time homeowner?
in homeowners
The grass is greener on the other side…?
No, it’s green where you water it.
4. You’ll gain an extra skill
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by u/IHate2ChooseUserName from discussion What’s something you’ve learned after becoming a first time homeowner?
in homeowners
Building a house is not for the weak.
But you’ll gain a home out of it. And some pretty darn good building skills.
5. Location is number one!
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by u/Cocopanda14 from discussion What’s something you’ve learned after becoming a first time homeowner?
in homeowners
That’s why they say: Location, location, location.
If there’s one thing you shouldn’t compromise on, it’s this.
6. Be very, very sure about your future home
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by u/UrBigBro from discussion What’s something you’ve learned after becoming a first time homeowner?
in homeowners
A single home viewing can only show you so much. Your home will most likely be a place where you’ll be staying your whole life.
Take some time to see the location at various times. Be prepared for anything that may lie your way!
7. If fixing-upping isn’t your thing…
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by u/velvet_milkman__ from discussion What’s something you’ve learned after becoming a first time homeowner?
in homeowners
Looking for something easy?
Skip the hassle – just get a brand new home.
8. Factor in more time than you anticipated
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by u/johnny_soup1 from discussion What’s something you’ve learned after becoming a first time homeowner?
in homeowners
Helps you build resilience.
9. Your budget is everything
Buying a home is like choosing a pizza topping – go for what you love, but make sure you can afford the extra cheese!
— Vinay 🔴 (@vinaywashere) August 9, 2023
A lot of unexpected costs can surface. Make sure you’re ready to commit to it!
10. Have backup funds at hand
Prioritize an emergency fund over vacations, meals out, entertainment, new car, etc. Unexpected repairs will come up at the worst time.
— Prajna Shorts 🐻👻🐻👻🐻 (@prajna541) August 10, 2023
Becoming a homeowner may mean you have to leave some expenses behind.
Whatever the situation, just ensure you have some emergency cash for those unexpected repairs!
11. Take care of your house!
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by u/MGallows13 from discussion What’s something you’ve learned after becoming a first time homeowner?
in homeowners
Maintenance is not something you should postpone!
12. Water can be a running issue
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by u/notsumidiot2 from discussion What’s something you’ve learned after becoming a first time homeowner?
in homeowners
It may seem like a minor thing at first, but eventually you’ll find out why it’s important.
13. No time? Leave it to the pros
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by u/sirguynate from discussion What’s something you’ve learned after becoming a first time homeowner?
in homeowners
What you don’t pay in money, you pay in time.
14. A home is an investment, through and through
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by u/adambulb from discussion What’s something you’ve learned after becoming a first time homeowner?
in homeowners
Your home is your security. Just like any other investment you’ll make, it won’t be perfect.
But you have a home under your name, and that’s an amazing feat that should be celebrated!
15. At the end of the day…
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by from discussion What’s something you’ve learned after becoming a first time homeowner?
in homeowners
Of course in the end, everyone has a lot to say.
But what matters most is you have a roof over your head to call home.
Looking to buy your first home? Consult with our professionals who will help you from A to Z! Leave your details below and we will get in touch with you as soon as possible.
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