4 Interior Design Styles to Inspire Your Next Home by Henry & Laly Sanz 02/18/2019 Do you ever look at pictures of dream homes online and wonder what yours is missing? The answer
Feb 10 2019 37430 2
Dated: 02/10/2019
Views: 283
Things To Look for in Your First Home
by Henry & Laly Sanz 11/05/2018
The concept of a starter home is an American tradition that has existed for decades. Buying a starter home makes it possible to achieve homeownership, financial independence, and to build equity and credit while you transition to a larger home.
However, your first home doesn’t need to be a tiny, one-bedroom house with none of the amenities that you want.
In today’s post, we’re going to look at some of the things that are desirable in a first home or starter home, so that you can make the best financial decision now that will help you save more in the long run.
Top things to look for in your first home
1. Resale value
Perhaps the most important thing to think about when buying your first home is the day that you eventually decide to sell it and upgrade. There’s a lot that goes into the purchase value of a home. But, if you maintain the home or even make some upgrades, there’s a good chance you’ll be able to sell it for more than you paid.
Other factors that affect resale value are the location and real estate market trends. While you may not be able to change the economy, you can choose to buy a home that is in a location others will find desirable in the coming years.
2. Size
The cost of your first home will be determined by its location, as mentioned before, but another huge factor will be the size or square-footage of the home and yard.
If you don’t plan on having children in the next few years and don’t currently have kids at home, having several bedrooms and a large backyard probably aren’t huge priorities. This means you’ll be able to save by buying a small home on a small property.
Similarly, if it’s just you and a significant other living in the home, you may be comfortable with just one bathroom for the next few years. These omissions can save you a ton of money on your first starter home.
3. Transportation and proximity
Typically, when people buy their first home they are just getting settled into their career and may still change jobs a few times. Most workers in today’s economy change jobs between 10 and 15 times throughout their career and do so more often toward the beginning.
This means it will make sense for you to buy your first home within commuting distances to companies in your industry.
4. DIY and fixer-uppers
Homes that are in need of repairs or renovations can be a great way to save money and see a return on your investment when you decide to sell. Of course, there are limits to how many repairs are reasonable while still getting your money’s worth from a home.
You’ll know from your home inspection or by doing a walk-through with professional contractors how much work is required to bring the home up to standards. Use those resources to ensure that you’re making a sound financial decision for your first home.
First Home First Time Buyer Starter Home
About the Author
Henry & Laly Sanz
Team H&L Miami @ Real Estate Empire Group is a fast growing boutique Real Estate firm established in 2001. It began to revolutionize property sales as well as marketing through brokers, agents, and an administrative team. Our highly trained administration team ensures the best service possible and helps manage transactions efficiently across a spectrum of properties, prices, and sales including international transactions. Our office provides agents an opportunity to grow with market-leading training and unique tools devoted to growth and expansion.
We are based in Doral, FL placing us at the center of Miami’s fast-growing International market. Our wide-ranging model combines various technologies; efficient support system and leadership initiatives that help agents govern sales in a superior form while gaining a threshold as a Real Estate agent. We at Real Estate Empire Group provide to ensure excellence in every aspect of Real Estate. We look forward to helping find your DREAM HOME.

Team H and L Miami
Team H&L Miami @ Real Estate Empire Group is a fast growing boutique Real Estate firm established in 2001. It began to revolutionize property sales as well as marketing through brokers, agents, and an....
Latest Blog Posts
FREE BUYING/SELLING GUIDES 3 Reasons Why We Are Not Heading Toward Another Housing Crash Thursday February 21st, 2019 First Time Home Buyers,;
Real Estate with TEAM H&L MIAMI @ REAL ESTATE EMPIRE HOME VIDEOS LANGUAGE FREE BUYING/SELLING GUIDES Why A Normal Market is
Millionaire To Millennials: Don’t Get Stuck Renting A Home… Buy One! Monday February 18th, 2019 First Time Home Buyers, For Buyers, Millennials, Move-Up