This week I wanted to focus on first time home buyers. It is such a big step when you are officially buying your first home. Sometimes with all that goes on for buying a home, it is easy to get lost. Here are some things to consider when buying your first home. 

First, consider the homes age in your purchase. Let's say the home is brand new, keep in mind the costs for finishing touches on a home, such as gutters or window blinds. If the home is older you should think about how close it may be to needing major repairs like looking into HVAC replacement, new carpets, replacing deck boards, and other repairs. 

Second, there will be a lot of paperwork involved. Many people do not realize how much paperwork goes into buying a house, especially if you are trying to secure a loan. Lenders look at income, assets, job history, credit score, total debt, and how much you are willing to put as a down payment. 

Third, consider your family's needs for over the next 5-10 years. Make sure that if you're moving into a house and you at first have no children, but are planning on having them that you have room for them. Keep in mind what you have planned for the future in order to accommodate for yourself now.