Confessions of a First Time Home Buyer

Hole Patch

(This is a picture of the house Jason purchased)

One thing I like to do when working with real estate buyers in MN is to receive feedback.  Not just on myself and personal service, but the home buying process and the market conditions as perceived by my clients.

Here’s a few comments on the 2009 Twin Cities Housing Market by a client of mine, Jason V. from North St. Paul:

‘It would be so easy to criticize the home buying process in this market.  Homes are not “selling themselves” anymore especially at the lower price points.

Of the 60+ homes I looked at in person with my Realtor only one of them was actually staged for a showing.

The vast majority of homes on the market are being sold because they have to be sold, not because the home owner wants to.

This can lead to disappointment on the side of the home buyer because a good chunk of the homes shown will not have that fresh coat of paint, the smell of fresh baked cookies or bread and soft music playing to give a feeling of “home” that they are looking for.

More likely they will find holes in the walls, dirty floors, unkempt lawns and in some cases a serious lack of copper in the house. “It’s gonna take a lot of work, time and money to fix this place up” is the main thought one gets when visiting a home for sale these days.

Is it the process? Not really.  It’s the market. I don’t believe that will change until the economy rebounds and houses start to be sold by home owners motivated by personal choice rather than being forced to sell it by a bank.’

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Buying your first home? Want to start the process but don't know how? A smart buyer turns into a happy home owner. Steve Howe specializes in First Time Home Buyers in the Twin Cities area of Minnesota. Learn how he can help you buy your first property without paying a commission fee.

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Comments

Great article. Very useful info. Thanks. Will visit again.
I just started reading all the blogs. This one is great. I will bookmark it.

Kathy – the inspector

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