Free Home Value Report Search For Homes

Expert Tips for Home Buyers & Sellers

Our mission at The Melissa Thompson Team is to be your best resource for real estate advice. Whether you are a buyer, seller, or investor, our team of professionals can answer any questions you might have about real estate. Subscribe to this blog to get the latest news on local market trends and receive expert tips for buying or selling a home.

3 Tips to Protect First-Time Homebuyers

As a first-time homebuyer, there is a lot you don’t know. Here are three things you should be aware of beforehand.

Get a FREE Home Value Report

If you or someone you know is considering buying a home for the first time, there are a few things you need to be aware of. Here are our top three tips to protect first-time homebuyers:

1. Know what you can afford. This doesn’t just include your mortgage payment. You need to make sure you can afford that in addition to property taxes, utilities, and various other maintenance fees.

Home values have been increasing year by year in Memphis.

2. Choose your lender wisely. Online lenders aren’t always the best option, even if they advertise the lowest rate. You should really get a recommendation from a Realtor or some other person you trust. Local lenders tend to work best in terms of being able to close on time.

3. Don’t overlook the details. Purchase contracts have a lot of them. Take your time to read through it carefully and don’t hesitate to ask your Realtor any questions you have.

These are just three tips for successfully buying a home for the first time. If you would like some more tips or just have a question, don’t hesitate to give us a call or send us an email. We look forward to hearing from you soon.