5 Things You Should Know Before Buying Your First Home in Athens

It’s not difficult to get bogged down in all of the details and turn your first home shopping experience into more of a stressful nightmare. In order to make finding the right home for you as simple as possible, here are 5 things you should know before buying your first home in Athens:

What Are Your Needs?

Before you get over-excited and start scouring the listings, you should make a list of what you want and need to get out of your home. 

Doing this upfront will help you immediately narrow things down once you’re ready to start seeing what’s out there, and it will assist your agent in finding the right properties for you to examine with a fine-toothed comb. 

For instance, a couple expecting a child will likely have different needs than someone uninterested in kids and searching for their fortress of solitude. Determine what available bedrooms and bathrooms will fulfill your needs, what available living space seems adequate, and take into consideration any additional features you would like to see in your prospective home. 

This is also the point where figuring out your realistic financial means will help dictate where things go from the beginning.

Assemble Your Team

With a basic idea of what you’re looking for when buying your first home, you will want to get the ball rolling with your chosen qualified and experienced real estate professional and mortgage lender. 

Start this process by meeting with a few of each in order to get a feel for how they operate and how comfortable you are in discussing your first home buying venture with them. Don’t be afraid to ask questions, either, as this helps indicate which agent and lender will work best for you. 

As an extra, try seeing if your chosen agent would be willing to negotiate their commission.

The Lay of the Land

Looking through listings and creating an inventory of possible homes gets you started, but thoroughly researching their surrounding neighborhoods will give you a leg up. 

This is a critical step because it helps you to learn what’s available, how your daily commute and life will work from that home, and see if the price is right. The last part will be handled in part by your agent, but it’s always a good idea for you to see how much similar houses in the neighborhood sold over the last few years. 

This information – known as a neighborhood comp – will help you decide if you’re getting a deal, or the seller isn’t taking the current local market into consideration.

Additional Costs

As things get underway, it can become easy to view your home purchase costs based solely on the asking price of a home and let everything else fall by the wayside. 

Some of these additional costs include earnest money, down payment, closing costs, and moving costs. Do keep in mind that your down payment could be wildly different depending on your type of loan, and moving costs could be negated if you’re handling everything yourself. 

Have a budget put together that allows you to save as much as possible every month to provide you with some financial padding beyond these other costs. You want to prepare for plans going sideways because something is likely to not work out the way you thought it would.

Effort and Patience Pay off

As your push onward in your search, you want to maintain a positive outlook and not allow yourself to get discouraged. 

Always approach every property with the possibility that you may need to walk away if things don’t turn out the way you hoped. The next step is to get back out there to find a seller and property that will work for you. 

Resilience is the name of the game when looking for a home, and it will serve you well to listen to your agent.

Professional Help Buying Your First Home in Athens

If your future plans include buying your first home in Athens, contact us today at 706-426-1082 for help!

Georgui Kassaev

Georgui Kassaev was invited to this country in 1996 during the Atlanta Olympic games. The first place he came to call his home after leaving Russia and performing all over Mexico, was Athens. He became a professional mixed martial arts fighter, then coach, and eventually obtained two black belts in taekwondo and Brazilian jiu-jitsu. He formed a specialty carpentry and construction business which sparked his passion for real estate. He then rediscovered his first passion performing. After all, he has performed in the circus since he was eleven years old in front of thousands of people and then again when he was an adult as a professional fighter. In 2018 he landed his first 3 television roles. While acting, he continued developing his real estate skills, becoming a value-add investor in the Classic City and then getting his real estate license. He has now become a listing specialist in the Greater Athens Area, working with homeowners to protect their interests and get them the right price for their property! However, he never abandoned his construction roots and works with investor clients to help them buy properties based on their numbers with no aversion to making multiple offers. Georgui is fluent in three languages Russian, Spanish, and English. He is proficient in video production and social media marketing.

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