5 U S E F U L T I P S F O R B U Y I N G R E A L E S TAT E

C R E AT E D B Y S C O T U L M E R

1. Ask yourself a lot of

questions• What kind of location do

you need?

• Do you need to buy or could you lease the property?

• What’s your situation regarding cash, financing, and/or ability to make a down payment?

• How much time can you commit to the property?

• How much work are you willing to put into the property?

2. Learn some real estate vocabulary

Educating yourself on the lingo will not only make you more confident throughout the process, it can ensure that you don’t miss important steps that

could cost you a fortune in the future.

3. Visit and consider many

properties.

• Figure out what works and what doesn’t about

each of them for you.

• Consider the most important things for each one including price, location and

condition.

• Above all, you’re searching for a “match”

with your property.

4. Find the experts.• A P R O F E S S I O N A L

H A S T H E S K I L L A N D E X P E R I E N C E T O G U I D E Y O U A S F I R S T T I M E H O M E B U Y E R S .

• T H E Y H AV E K E Y R E L AT I O N S H I P S W I T H P R O F E S S I O N A L S L I K E L E N D E R S , H O M E I N S P E C T O R S , C O N T R A C T O R S , E T C .

• T H E I R G O A L I S F O R Y O U T O H AV E A S M O O T H R E A L E S TAT E T R A N S A C T I O N A N D H AV E A P O S I T I V E H O M E B U Y I N G E X P E R I E N C E .

5. Figure out your financing• What type of banks, credit unions or other home

mortgage company could you use?

• What kind of credit do you have and what kind of interest rate could they give you?

Answering those questions will put you on the right track for the financing process.

G O O D L U C K !