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RaginCajunz
LA-Lafayette Fan
Member since Mar 2009
3457 posts

re: What are some things you’d tell a first time home buyer? Give the advice you wish you got.
Purchase the owners' title insurance policy. It is good through the life of the property and seems like a waste especially for a first time homebuyer.


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StringedInstruments
Auburn Fan
Member since Oct 2013
13182 posts

re: What are some things you’d tell a first time home buyer? Give the advice you wish you got.
Advice I received in 2008:

“I know you’re only 22, but you need to buy a house ASAP. Worst you’ll do is break even.”

Advice I wish I had gotten:

“Make sure the house you buy is one you’d be happy with if you get stuck there due to an economic crisis that tanks your home’s value by $50k.”
This post was edited on 2/21 at 9:43 pm


AUjim
Troy Fan
America
Member since Dec 2012
3110 posts

re: What are some things you’d tell a first time home buyer? Give the advice you wish you got.
This is excellent advice, especially right now.


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Martini
North Carolina Fan
Near Athens
Member since Mar 2005
47373 posts

re: What are some things you’d tell a first time home buyer? Give the advice you wish you got.
quote:

Think about resale valve when you buy a house and fix it up.



And if resale value is good think about if you can keep it and still have another house. My first house in 1980 I paid $40k, sold in 1990 for $110k and felt like I hit the lottery.

It sold last year for $490k. No shite.


gerald65
Moss Bluff, LA
Member since Jul 2020
46 posts

re: What are some things you’d tell a first time home buyer? Give the advice you wish you got.
One more thing you might consider.... If you are buying in south Louisiana and like to use the patio a lot, don't buy a house where the patio is facing west.


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60
LSUfan20005
LSU Fan
Member since Sep 2012
6643 posts

re: What are some things you’d tell a first time home buyer? Give the advice you wish you got.
Visit the location during several different days/times. Some neighborhoods seem peaceful on Wednesday but are a shite show Saturday at 5pm.


midlothianlsu
LSU Fan
Midlothian, Texas
Member since Oct 2009
502 posts

re: What are some things you’d tell a first time home buyer? Give the advice you wish you got.
I second the inspection like others have said. Have the inspector light a fire in the fireplace. Our inspection did not light a fire in the fireplace just checked the chimney and the flue. Months later we build a fire only to have the living room full with smoke. A fireplace guy told us the box is built incorrectly. The ceiling is flat, not sloped up to the chimney so the smoke goes out and up instead of just up.


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Bamadiver
USA Fan
Member since Jun 2014
1825 posts
 Online 

re: What are some things you’d tell a first time home buyer? Give the advice you wish you got.
Short answer: Find a realtor who is willing to educate you as you go along and that you trust. Once I achieved this the whole process became very easy and less stressful.

Long answer:
Little known fact, at least to me when I bought, is that if a realtor shows you a house you must use that realtor if you want to purchase that house. I took a look at a house early on and the realtor showed up in shorts and a t-shirt. Couldn't answer a damn question about the house. Not square footage, not HOA, or property lines. Ended up not liking that particular house anyway but I was amazed to find out that I would have had to pay that guy for terrible service.


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tenfoe
Member since Jun 2011
5732 posts

re: What are some things you’d tell a first time home buyer? Give the advice you wish you got.
quote:

Visit the location during several different days/times. Some neighborhoods seem peaceful on Wednesday but are a shite show Saturday at 5pm.



Also pass by after a big rain event if possible.


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NYCAuburn
Auburn Fan
TD Platinum Membership/SECr Sheriff
Member since Feb 2011
54847 posts

re: What are some things you’d tell a first time home buyer? Give the advice you wish you got.
look at where water drains around the house and yard.

How long does it take to get to work in the morning or to get to a major highway


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USA
Member since 2001
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Perrydawg
Georgia Fan
Middle Ga Area
Member since Jan 2014
4177 posts

re: What are some things you’d tell a first time home buyer? Give the advice you wish you got.
I will say I was lucky to have some construction knowledge before buying my first house. So I would say try to educate yourself on home systems: plumbing, electrical, drainage etc. Not saying you have to be any expert but knowing some basic things can help before even putting in an offer and finding things that make you want to walk away during an inspection. I do understand that the market is different then when I bought my first house in 2009. Luckily it was a new construction and seemed to be built decent from my POV and the inspectors report agreed. Checking if sockets are wired correctly, knowing where GFCI should be located. Whether a tub drains slow things like that. Look for cracks in the foundations and walls. Usually vertical cracks in sheetrock indicate settling, but horizontal cracks typically show structural issues.

I bought a new house in May of 2020. Once you find a house you like, go back and view it again without the rose covered glasses on and nitpick the hell out of it. For most people, whether buying your first house or your 5th it is going to more than likely be the largest purchase of your life so treat it accordingly. I went back and walked through the house without my wife two days after we viewed the house to looks for everything before I put an offer in on the house. I found that they water heater was leaking (luckily in the garage), some of the stringers on the porch were rotted something that the inspector didn't look for until I pointed it out. If it has an irrigation systems, turn it on and make sure each zone is operating correctly. Find out where the valve box or boxes are (this one bit me in the ass). My system had two valve boxes and not one and had to spend about $300 to have a valve replaced and located the other valve box. I could have replaced the valve myself, but couldn't find the box so I let the company replace it once they located the valve box.

Do not let emotions of yourself or spouse dictate whether you want to buy a house if you know it has issues. My wife loved our first house as soon as she walked in the door. I was leery because of the layout and a small galley kitchen and wanted to keep looking. She already had plans for where the Christmas tree was going to go etc etc... We ended up buying it and she hated that kitchen from damn near day one once we moved in. Luckily I bought the house in 2009 at a very low price point and sold it for about 80k profit, but houses in 2009 with the same price point that we bought at sold for much more with larger kitchens. I got lucky, but not everyone is going to be in the same boat with every Chip and Joana Gaines talking about open concept.


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CAD703X
US Space Force Fan
Liberty Island
Member since Jul 2008
68167 posts

re: What are some things you’d tell a first time home buyer? Give the advice you wish you got.
LOCATION LOCATION LOCATION

Avoid houses on busy streets. You want a cul de sac or street with little traffic. I'd go so far as to sit in a car on the street where you like a house and observe the traffic on a normal day. <-- doubly so if you have kids/pets.

Hire a GOOD home inspector

Unless its in a great location or you're extremely handy, I would avoid older homes as there will be an endless drip of repair costs to fix 'invisible' things that will bleed you dry.

If you're buying in the country make DAMN sure you have the septic tank and field inspected.

Have someone inspect the chimney in older houses. It would suck to buy a house that burns down the first time you light a fire.

I love my pool but its a commitment. If you're new to home ownership avoid the hassle of maintaining a pool and join the Y or local swimming pool club unless you just really want to tackle pool ownership.

Plan to invest a couple thousand (at a minimum) in good yard tools (mower, blower, edger, trimmer, pole saw, etc.) so its easy to keep your yard up.

Grab a 2000-2009 Sears/Whirlpool washer/dryer from a used appliance store or craigslist so you can connect them & forget about them for the next 20 years.



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Modern
Houston Astros Fan
État de Louisiane
Member since May 2011
15524 posts

re: What are some things you’d tell a first time home buyer? Give the advice you wish you got.
If you are moving into a HOA neighborhood, read the bylaws to the extra fine print. Not just to understand the regular rules, but to use the bylaws to your advantage. And find out who is the “HOA snitch”....Everyone has one, and is usually an old retired woman with nothing else to do.

Prime example: When I bought my home, I was 27, married with a infant boy. At the time, we were the youngest family in the neighborhood.

Well about 2 months later, I get a violation letter for a mailbox I installed. It’s one of those cast iron ones that all the other neighbors has, but the violation said that it was 4 inches too tall.

So, with me having already read the bylaws, I knew this was a knee jerk BS letter. So I got on my ring app and pulled up the date and time the violation was found, and saw that the HOA snitch walked on my property during inspection week, used a tape measure and incorrectly measured my mailbox.

Well I drafted a nicely appeal letter with the clip burned onto a DVD of this woman stepping onto my property to measure my mailbox. Which the bylaws state that “no one, on behalf of the HOA is to come onto a residents property w/o permission.”

I attached a picture of my wife holding the tape measure, showing the correct height. And at the end of the letter I wrote “If this false accusation, harassment, or anyone from the HOA steps foot on my property again, that I will not hesitate to take immediate legal action, and have the local news outlets informed.”....I had the letter notarized and mailed it off.

2 days later, I got a certified letter from the HOA management company basically saying “Our bad, this won’t happen again.” LOL


Like I said earlier, know the bylaws to work in your favor.


awestruck
Auburn Fan
Member since Jan 2015
7694 posts

re: What are some things you’d tell a first time home buyer? Give the advice you wish you got.
Choose your home inspector wisely.

Keeping in mind the home inspector who causes a sell to fall through is not the one a realtor is going to suggest.



eta: Once knew an honest inspector that eventually hung it up after being blacklisted by too many realtors. Guy was honest and wouldn't look the other way. Not saying they're all corrupt; however I repeat choose a good one and it doesn't matter how credentialed or to what society.
This post was edited on 2/23 at 6:46 am


JDGTiger
LSU Fan
Louisiana
Member since Oct 2020
650 posts

re: What are some things you’d tell a first time home buyer? Give the advice you wish you got.
If the HOA is responsible for any common ground or common buildings like the pool make sure it is well financed.


CAD703X
US Space Force Fan
Liberty Island
Member since Jul 2008
68167 posts

re: What are some things you’d tell a first time home buyer? Give the advice you wish you got.
quote:

the HOA is responsible for any common ground or common buildings like the pool make sure it is well financed.
great comment.

Find someone who has lived there several years and find out what the historical management has been like..aka how often have they jacked up the rates because "pool insurance and lifeguards are too expensive".



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nctiger71
LSU Fan
North Carolina
Member since Oct 2017
872 posts
 Online 

re: What are some things you’d tell a first time home buyer? Give the advice you wish you got.
quote:

Chose your home inspector wisely.

Keeping in mind the home inspector who causes a sell to fall through is not the one a realtor is going to suggest.

Don’t use the inspector that the realtor recommends.

I think this was mentioned but but make sure the property drains well. Water can cause issues.


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tigahbruh
LSU Fan
Louisiana
Member since Jun 2014
1451 posts

re: What are some things you’d tell a first time home buyer? Give the advice you wish you got.
Don't have total trust in your realtor. Do some of your own homework.
Home inspectors are worth jack shite.
Concern yourself with the roof, the HVAC system, the plumbing, and the foundation. Realtors just want to make the sale. For you and your family, it's your life.


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trident
Tennessee Fan
Member since Jul 2007
4171 posts

re: What are some things you’d tell a first time home buyer? Give the advice you wish you got.
If you have a raised home, or older home, get a video pipe inspection!! It could save you $$$$.


Drunken Crawfish
USA Fan
Crushing 'skis at Tobin's house
Member since Apr 2017
3068 posts

re: What are some things you’d tell a first time home buyer? Give the advice you wish you got.
quote:

When buying the house think about if as if you were selling it.


This. It's much easier to buy a house than sell one.


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