TIPS FOR FIRST TIME HOME BUYERS

Buying a home is a key financial investment that anyone can undertake. While most buyers may be caught up in price negotiations so they can get the best market value, there are a few other aspects that especially first time home buyers should take into consideration.

  1. Affordability
    How much are you willing and able to spend? The best way to approach this would be to shop around, compare prices and depending on what you are looking for in terms of amenities, it will be easy for you to decide.
  2. Buy with a Professional Real Estate Firm
    At Nyumbani concepts, we pride ourselves for having accumulated many years of experience in the industry. Our agents will be able to take you through the step by step ownership process, saving you tons of time and money.
  3. Access to Social Amenities
    Do you have school going kids or looking for a nearby place of worship where you can be part of the community. How far is your home from the nearest hospital?
  4. Amenities
    Consider this, should you buy a home in areas without running water, would you be allowed to sink a borehole? A good property often comes with easy access to electricity and water among other essential amenities.
  5. Location
    Location is essentially what marks out a good property from the rest. A good location ensures you have access to social amenities, major roads, highways and you are able to enjoy security.
  6. Return on Investment
    What is the market value of the given property? Is it located in a place where you can easily attract tenants and what would be its value should you consider reselling.
  7. Pay Attention to the Paperwork  Most real estate transactions will end up in a stage whether both parties enter into an agreement and sign, often, legally binding documentation. Take your time to read and understand or seek clarification of the contract before signing it.

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