Buying your first home in Hudson, WI can be scary, but it doesn’t need to be. John and Becky Durham, REMAX Results Realtors in Hudson, WI have over 28 combined years of experience working with first time home buyers. They will guide you through the process of buying a home, from getting pre-qualified for a mortgage to handing you the keys.
Here’s a few tips for buying your first home in Hudson, WI
- Get a Realtor First: Talk to John and Becky before going to any open houses or viewing new construction. The instant you walk in the door of an open house, you may be losing your rights to have your own representation. It’s understandable that you are excited to see what the real estate market in Hudson is offering, but this is probably the most important step in the home buying process. Agents that sit in open houses are not really there to sell the home. They are there to secure you as a client. Call us first. We would be happy to schedule a showing for you (and if you like the home, we will negotiate the transaction on YOUR behalf.)
- Get Pre-Approved for a Mortgage: Many homeowners deny access to their homes to unqualified buyers. And if you like a home, your offer may not be accepted if you do not accompany a letter of pre-qualification from your lender or proof of funds from your bank. Get this done before viewing homes. Think of it as an exercise in learning what you can afford. If you need help finding a good, reliable lender, we can refer you to a couple of mortgage agents we trust.
- Create a List of Must Haves: Think about what you want in your first Hudson, WI home. Do you want the easy maintenance of a town home or do you want a yard? Are you prepared to tackle a few home improvement projects or do you want something already updated? What about location? Do you have a neighborhood you love? How many bedrooms or finished square feet do you require?
- Be Realistic: Keep in mind this is your first home, and unless you have a large budget, you will likely not get everything you want. Those granite counter tops, stainless steel appliances, and hardwood floors you see on HGTV are not typical in a starter home in Hudson. Even a brand new town home will come in basic beige with no window treatments. Either way, you will have to spend money and effort to make it your own. Go back to item 3 above, prioritize your list, and decide on your non-negotiables and go from there.
- Be Prepared to Act Fast: Starter homes in Hudson, WI priced under $275,000 are selling very quickly; often the same day of list, with multiple offers. There is a very low supply of these homes, and buyers are scrambling to make offers on the best homes as they hit the market. You need a realtor that can schedule you for a showing that same day, and help you submit a strong offer that secures the home for you, yet ensures it will appraise (we can tell you more about this when we meet you.) If you are hesitant to get into a bidding war, understand it may be unavoidable in today’s market. Let John and Becky handle that. They will take the stress out the home buying process for you. After all, that’s their job!
John and Becky Durham are first time home buyer realtors in Hudson, WI and would be delighted to help you purchase your first home. Contact John & Becky today! At the very least, we can get you set up with automatic emails directly from the MLS so you can be alerted instantly to homes in Hudson that meet your search criteria. The instant they hit the market! Click HERE to sign up for our instant email alerts!
Watch our video to learn more about buying your first home in Hudson!
Hudson WI First Time Home Buyer Classes
Stillwater MN first time home buyer classes. What every first time home buyer in Hudson should know prior to purchasing a home. We offer monthly first time home buyer classes in Hudson and have a special affinity for helping young home buyers find the perfect home in their price range.
Leave a Reply
You must be logged in to post a comment.