What are some of the key issues a first time home buyer should consider?

12 First-Time Home Buyer Mistakes and How to Avoid Them

• Not figuring out how much house you can afford.
• Getting just one rate quote.
• Not checking credit reports and correcting errors.
• Making a down payment that’s too small.
• Not looking for first-time home buyer programs.
• Ignoring VA, USDA and FHA loan programs.

What are the most important financial issues that people should consider when buying a home?

10 Financial Considerations When Buying a Home

• Do Your Research.
• Consider How Homeownership Builds Equity.
• Factor in the Overall Cost.
• Take a Closer Look at Your Credit Score.
• Review Your Mortgage Details.
• Assess Property Taxes.
• Prepare for Possible Income Tax Implications.
• Invest in a Home Inspection.

What repairs should a seller make?

Common seller repairs after home inspection

• Major electrical issues that are safety or code issues.
• Plumbing, drainage, sewer, septic, or water issues (or well water issues, if applicable)
• Mold or water damage.
• HVAC problems that affect home comfort.
• Leaking roofs or missing shingles.
• Termite and pest damage.

What to do after buying first home?

16 Things to Do Immediately After Buying a House (Includes Bonus Checklist!)

1. Hook up Your Utilities.
2. Do a Deep Clean.
3. Change Your Locks.
4. Reset Your Garage Security Code.
5. Forward Your Old Mail.
6. Change Your Address.
7. Unpack Your Boxes.
8. Buy a Safe.

What do I need to buy my first house?

The following are several of the most important products you’ll need after buying your first home.

1. A sturdy tape measure.
2. A full-size snow shovel.
3. A new mattress for a better night’s sleep.
4. A durable power drill.
5. A high-end stand mixer for your kitchen.
6. A filing cabinet for all your house-related paperwork.

What things fail a home inspection?

Here are some of the most common things that fail a home inspection.

• Problem #1: Rundown roofing.
• Problem #2: Drainage issues.
• Problem #3: Faulty foundation.
• Problem #4: Plumbing problems.
• Problem #5: Pest infestations.
• Problem #6: Hidden mold.
• Problem #7: Failing heating systems.
• Problem#8: Electrical wiring.