Requirements to Buy Your First Home in Atlanta

Requirements to Buy Your First Home in Atlanta

Requirements to Buy Your First Home in Atlanta

Requirements to Buy Your First Home in Atlanta

Buying your very first home can be exciting and nerve wracking at the same time and is said to be one of the most stressful things we do along with marriage and divorce! Finding the right mortgage lender, locating our dream home through a reliable real estate office and then signing the contracts can indeed be a bit stressful!

Nearly all first time buyers will need a mortgage and a deposit to put down on the property. These days’ banks and building societies offer a wide range of different mortgages to suit everyone and many first time buyers are advised to choose a fixed mortgage, at least for the first five years or so, so they know exactly how much their repayments are going to be every month. It is well worth shopping around to find the best deal for you depending on the amount you want to borrow.

It is essential when buying your first home that you do not borrow more than you can afford. Take into account there will be utility bills and council taxes to pay along with the mortgage so ensure that these are taken into account when calculating your monthly outgoings. Insurances for both the home and car along with food and socializing costs much also be taken into consideration.

Once you have established how much you have to spend on your first home then it is time to start looking for a reliable and experienced real estate agent. Finding an agent who knows the area you want to buy in is always recommended since their knowledge on the area can turn out to be invaluable.

Advise your agent of exactly what your requirements are and how much you have to spend. They will then make a list of suitable properties for you to view. When viewing properties ensure you ask plenty of questions. Is there a school nearby? Is there public transport within walking distance?

Once you have found the property you want to buy then the real estate agent will get the wheels in motion. A deposit will be put down whilst paperwork is completed and checks are made on the property to ensure it is fit to sell and carries no debts. A completion of sale date will then be set where both parties will sign and balance of monies is handed to the vendor.

Although it may seem relatively simple buying a home, it is essential that you use a reliable mortgage provider and real estate agent to make sure the purchase goes smoothly.

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Atlanta Real Estate

New Listing - 3 weeks online
$210,000
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
2,601
SQFT
6796 Foxfire Place Place SW
Atlanta, GA 30349
COOKS LANDING Subdivision
Open House 08/24 at 2PM
$283,951
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,802
SQFT
673 Python Drive
Atlanta, GA 30349
Camden Manor Subdivision
Open House 08/24 at 2PM
$329,990
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
3,363
SQFT
7064 Demeter Drive
Atlanta, GA 30349
Camden Manor Subdivision
$299,026
Single Family Home For Sale
Active
5
BED
3
TOTAL BATHS
3,040
SQFT
7057 Demeter Drive
Atlanta, GA 30349
Camden Manor Subdivision
Open House 08/24 at 2PM
$329,990
Single Family Home For Sale
Active
6
BED
4
TOTAL BATHS
3,363
SQFT
663 Python Drive
Atlanta, GA 30349
Camden Manor Subdivision
New Listing - 3 weeks online
$310,270
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
3,236
SQFT
7024 Demeter Drive
Atlanta, GA 30349
Camden Manor Subdivision
Open House 08/24 at 2PM
$309,473
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,544
SQFT
7014 Demeter Drive
Atlanta, GA 30349
Camden Manor Subdivision
Open House 08/24 at 2PM
$301,438
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
3,040
SQFT
7007 Demeter Drive
Atlanta, GA 30349
Camden Manor Subdivision
Foreclosure
$215,000
Single Family Home For Sale
Pending
4
BED
3
TOTAL BATHS
3,080
SQFT
6629 Overlook Ridge
Atlanta, GA 30349
Cooks Landing Subdivision
$171,995
Townhouse For Sale
Active
3
BED
3
TOTAL BATHS
1,623
SQFT
High Grove #203
4921 Lower Elm Street
Atlanta, GA 30349
$170,495
Townhouse For Sale
Active
3
BED
3
TOTAL BATHS
1,623
SQFT
High Grove #204
4919 Lower Elm Street
Atlanta, GA 30349
$171,795
Townhouse For Sale
Active
3
BED
3
TOTAL BATHS
1,623
SQFT
High Grove #205
4917 Lower Elm Street
Atlanta, GA 30349
$169,595
Townhouse For Sale
Active
3
BED
3
TOTAL BATHS
1,467
SQFT
High Grove #206
4915 Lower Elm Street
Atlanta, GA 30249
$4,000,000
Single Family Home For Sale
Active
7
BED
9
TOTAL BATHS
15,159
SQFT
4690 Thompson Road
Atlanta, GA 30349
 
$12,500,000
Single Family Home For Sale
Active
9
BED
14
TOTAL BATHS
26,000
SQFT
4965 Butner Road
Atlanta, GA 30349
 
Short Sale
$195,000
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,639
SQFT
432 Hammock Loop
Atlanta, GA 30349
 
New Listing - 5 days online
$274,900
Single Family Home For Sale
Active
5
BED
3
TOTAL BATHS
2,487
SQFT
3200 Camden Court
Atlanta, GA 30349
Kingsland Subdivision
New Listing - 23 hours online
$257,900
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,108
SQFT
3213 Camden Court
Atlanta, GA 30349
Kingsland Subdivision
New Listing - 22 hours online
$271,500
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,487
SQFT
3239 Camden Court
Atlanta, GA 30349
Kingsland Subdivision
New Listing - 23 hours online
$264,900
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
2,260
SQFT
3204 Camden Court
Atlanta, GA 30349
Kingsland Subdivision

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