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First Time Home Buyers
Welcome > For Buyers > First Time Homebuyers ...

Buying Your First Home? Congratulations...It's a Great Time To Be a Buyer! We Can Help You Make The Most of Your Opportunity! 

As a first-time homebuyer, chances are you have lots of questions. Our job is to provide the answers you need to make informed decisions! We'll take as much time as you need to fully understand the entire home-buying process from start to finish. 

Not sure how to get started? Don't know how much you can afford or what your monthly payment would be? Don't know which neighborhoods best fit your needs? Getting conflicting advice from friends and family members? Not even sure which questions to ask? Relax, we can quickly get you comfortable with the process, the lingo and the pitfalls to avoid on your way to homeownership. Remember, the only dumb questions are the ones you don't ask!  

Together, we will consider: 

- How much can you really afford? 

- What it means to be 'pre-approved' for a mortgage and how to do it. 

- How much money you'll need for deposits and closing costs. 

- How much your monthly payment will be. 

- Special financing and negotiating tactics to help you buy a home with little or nothing down. 

- The often overlooked tax advantages of buying. 

- How to successfully prepare and negotiate an offer. 

- What types of inspections to consider. 

- Keeping up-to-date on new homes on the market with automatic e-mail notifications of new listings.
 

Tell us a little about you and your situation below, along with any specific questions you may have, and we'll get back to you quickly with the information you need to shop comfortably and confidently for your perfect home! 

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School Reports in Silver Spring, Ashton and Bethesda, Maryland
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Real Estate Tips
Time to Move >Advantages of Buying Down

Your youngest child has just left home! Your present house now seems enormous. Your "empty nest" has prompted thoughts of selling your home and moving to a smaller, more manageable house.

Before you make a move, you should consult two important professionals--your real estate agent and your tax planner. A good real estate agent will be able to tell you the value of your current home and the availability of alternative houses in your preferred area.

Buying a smaller home or condo can have important advantages, such as lowering your property taxes, simplifying property maintenance, and generating cash which can be put into income-producing investments. You will also want to consider the tax laws which allow capital gain exclusions whether you "buy up" to a more expensive home or "buy down" to a less expensive one. If you are moving downtown from the suburbs in order to be close to cultural centers, theaters and restaurants, there may be "quality of life" issues, such as noise or parking. Your real estate agent and your tax planner can provide valuable information to assist you in making such decisions.

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Real Estate Trivia
Q 
What famous American sign was originally erected as a real estate ad?

A 
The Hollywood sign, built in 1923, was conceived as a real estate ad that originally read, "Hollywoodland."
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The Savercool Team, REALTOR®, real estate agents and broker for Silver Spring, Ashton and Bethesda, Maryland home listings, property and land for sale - NUMBER1EXPERT(tm)

The Savercool Team
Long & Foster Real Estate Inc.

Direct: 301-476-8721
Office: 301-384-8700
Cell: 301-237-3685
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Email: davidsavercool@NUMBER1EXPERT.com

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