10 Major Keys For First-Time Home Buyers
There's something really rewarding about buying your first home.
You can finally throw the deuces to those pesky landlords and leasing agents that are telling you what you can and can't do in your own home, who you can invite over, and at what time of night. Not to mention that you're so tired of things breaking in your apartment or rental and having to wait for someone to realize that having a working toilet is kind of important, especially when you're throwing away paying your hard-earned money every month for a place that you barely even like instead of building your own equity.
But the truth is that as much as the American dream of being a homeowner has been sold to us, many millennials have no idea what it takes to actually buy a home for the first time. Sure, it can be a wonderful and exciting experience. The feeling of independence and stability is something that many look forward to as they begin to build a family. But it can also weigh heavy on the pockets with all of the costs that people forget to factor in, which is why it's important to do your research before signing on the dotted line.
Enter real estate guru Christian Ross, who has been helping young adults navigate the real estate market since her humble beginnings at a boutique real estate firm. Stressing the importance of first educating her clients on aspects of the real estate market such as looking as researching neighborhoods, looking at neighboring property values, and development history, Christian has become a tour de force in the industry. Her skills have even landed her a gig on television as a realtor for HGTV's House Hunters, where she helps combines her background in public relations with her real estate expertise to help buyers make get the best home at the best deal!
We teamed up with the real estate expert to get some tips and tricks on what to keep in mind when buying your first home (or buying again in this ever-changing market).
“First timers need to understand that they're going to be spending a lot during the home buying process," says Christian. “From hiring an agent, to paying for the home inspection, it costs a lot of coins up front to shop for a home. There's no window shopping in real estate."
Upfront costs are just one of the many things you should consider when buying a home! Check out more of the real estate gems we gathered from Christian.
Search the history of the neighborhood.
Read the local newspaper in the area to see what kinds of headlines are talked about- is there a new homicide per day, or are there softer pieces about the local community center's bake sale? Seeing what kinds of topics affect the community can tell you a bit about the activity you can expect.
Christian adds: "It's imperative to research the neighborhood. Know whether the community has historic buildings, or maybe the community is historic in itself- if it is you'll know that it may be a touristy area. Research the demographics, especially if you prefer diverse communities- that way you can know if you have a predominant race or class, or if it that area is a melting pot. Looking up census' past will give you insight into that kind of information."
Look into local politics.
You'll want to see how actively the local politicians are involved with the community- either with the schools or attending community events. This will let you know whether these politicians are in office to make effective change in the neighborhood, or whether they have larger political aspirations. If it's important to you to have local politicians deeply rooted in the community, you'll want to see their voting history, political campaigns, and the programs they implement at the grassroots level.
Christian adds: "Be sure to research gentrification in that area. Especially in neighborhoods that were previously known for being the “bad side of town", check out what gentrification may have done to the area. See where it may have pushed the homeless population, sex offenders, and things like that so you know how close those populations may be. Also, see if the area is being taken over by large corporations or hipster shops and businesses."
Research the nearby school system.
If you have children who will be attending the school(s) in the community, checking into the quality of the schools is something you'll want to invest time into. Even if you don't have children, the nearby school district still has an effect on you. A good school district increases a home's value, while a poor district may affect the value of the home. It also plays into property taxes, and whether you can expect levies to be on the local ballots, which also affect your taxes.
Christian adds: "Schooldigger.com is a great tool that gives you an in-depth analysis about the PTA, teachers, and community involvement in the school district. It's great to know about the district so you know what kind of education your child will be getting, and how well the relationship is between the school and the community. If you don't have kids, it's still good information to know so you can know what to expect as far as what issues may be on ballots (as far as levies go), and also what to expect as far as taxes in the area because of the district."
Look at local attractions.
Researching the things that are in your surrounding can give you a good idea of how conveniently things are located near you. A local tourist attraction will provide diversity in the area. It will also affect the prices if the options are slim. Pick an area where you have varying options in shopping and things to do, in an effort to save money and traveling time.
Christian adds: "You'll definitely want to look at the cost of living in the area. Your community may have a pretty high standard of living if there's a tourist attraction nearby. It also helps to look at things like that so you can see how much direct access you have to resources (or maybe not have). See how far the stores you frequent are from your home, or if your community has specialty shops. If you religiously shop at Whole Foods and the nearest one is an hour away, you may not want to choose that community."
Research local neighborhood organizations.
Seeing what organizations, whether nationally or locally, are active in the community can give you a sense of what kinds of issues are important to that particular area. For example, if the Boys & Girls Club of America has an active chapter in your area, you can tell that the care of children is something that the community actively supports. These things can indicate the kind of community you're entering, and you'll be able to determine whether your personal values align with the core values of the community.
Christian adds: "Check out the neighborhood meetings, town halls, request the minutes of homeowners association meeting to see what the local politics are like and how involved the community members are in decision making. If social collaboration and activism is important to you, you'll definitely want to see what that relationship is like between citizens and the local government."
Visit at various times of the day.
Checking out the neighborhood at different points throughout the day can let you know various details that are time-sensitive, specifically traffic. Pick a Monday, Friday, and weekend to stop by the area to see the changes in these patterns.
Christian adds:"Go by at night to see how safe a community may feel. Drive through on the weekend to see what the activity is like on a non-workday. Real estate agents don't know about those kinds of things because they don't live in the neighborhood themselves. Visit the area at different times to get a well-rounded idea of what the neighborhood may be like. Is it quiet during the day but rowdy at night? Are the weekdays pretty low-key, but the weekend brings the noise from neighbors who like to party? Is the neighborhood big into yard sales and letting kids host lemonade stands? Visit at different times to see how active it may be at any given moment."
Get a home inspection.
Upon making a serious offer, you should schedule a home inspection in order to judge the quality of the home and to expose any hidden issues. A home inspection will give you insight into the home you wouldn't be able to see with your eye, and can reveal things you wouldn't have thought of inspecting but are crucial to the buying of the home. Standard home inspections include reviewing the heating system, central air system, interior plumbing, electrical systems, insulation of various parts of the home, and tests the home's foundation and other structural components.
Checking these various elements are crucial to preventing unexpected surprises and buying a home that had pre-existing conditions that, once you sign, are up to you to fix. By identifying the major repairs that need to be made beforehand, you can demand that these repairs be made by the seller, or that they reduce the price of the home.
Christian adds: "The most important thing you can do is get a home inspection because it allows you to really see what you're going to get. You'd rather spend $400 for the inspection and find out there's a $10,000 problem than to buy the home, then find out all of the money you'll have to come out of pocket for on top of what you just spent to buy. An inspection is a snapshot of the home and can be a negotiating tactic as far as getting things fixed before you close, or maybe even lowering the price. If you have to put $10,000 into renovations, maybe ask them to either lower the selling price or make the renovations themselves."
Have a sit-down with the sellers.
Even though you talk to the sellers on a regular basis, having a sit-down conversation over coffee may give you specific insight into their experience in the home and community that will help you determine whether or not you truly want to live in that neighborhood. Discussing the seller's experience can help you determine if you want the same experience.
Christian adds: "If they're willing to do it, go for it (though their agent may be hesitant). Maybe it'd be a better idea to have this talk closer to closing, but definitely consider having a conversation with the sellers about their experience in the neighborhood. You'll get a better picture of the neighborhood, and see if their experience is one you're wanting to have in the home and in the area."
Is it worth the money?
Asking the sellers the kinds of taxes, insurance, upkeep costs (like landscaping and painting) and homeowners association dues they had to pay can let you know if there are any extra expenses added in when buying the home. Knowing these kinds of additional expenses can let you know if it's worth the investment.
Christian adds: "Make sure to find out what other expenses come with the home. Make sure you're getting out of it what you're putting into it. Another key here is make sure the taxes are up to date on the property and there are no hidden fees that will pop up once you sign. Get a clean bill of financial health on the home, and make sure it's worth your money before you close."
What's the market like in the area and surrounding neighborhoods?
Asking if there are foreclosed homes nearby is something that sellers don't particularly like to be asked, but it's crucial to the value of your home. Foreclosed home are usually low in property and buying value, and many foreclosed spaces turn into low-rent homes, meaning that you may constantly have new neighbors and the property value will remain low. If the property value of other homes in the area is low, you may be able to negotiate the price of your own home and offer a significantly reduced figure.
Christian adds: "Ask, or do your own research, on what other homes are going for in the area. This is another situation in which you want to make sure that the money you're about to put into the home in actually worth it. Some sellers try to make back their mortgage plus some on a home, so make sure you're not getting gypped."
Christian's Final Tip:
"Meet with a loan consultant before you even begin searching for a home and see what you truly qualify for (in terms of financing a home) and what's really in your budget. Also, make sure you have a solid understanding of how your loans and mortgage break down. It's always good to get approved for certain loans before you even consider buying a home that you can't pay for otherwise."
Pro Tip: You can use your 401K towards your down payment! Make sure that's one of the many options you explore with your loan consultant and your real estate agent.
Did we miss something? Share your home-buying tips below!
ItGirl 100 Honors Black Women Who Create Culture & Put On For Their Cities
As they say, create the change you want to see in this world, besties. That’s why xoNecole linked up with Hyundai for the inaugural ItGirl 100 List, a celebration of 100 Genzennial women who aren’t afraid to pull up their own seats to the table. Across regions and industries, these women embody the essence of discovering self-value through purpose, honey! They're fierce, they’re ultra-creative, and we know they make their cities proud.
VIEW THE FULL ITGIRL 100 LIST HERE.
Don’t forget to also check out the ItGirl Directory, featuring 50 Black-woman-owned marketing and branding agencies, photographers and videographers, publicists, and more.
THE ITGIRL MEMO
I. An ItGirl puts on for her city and masters her self-worth through purpose.
II. An ItGirl celebrates all the things that make her unique.
III. An ItGirl empowers others to become the best versions of themselves.
IV. An ItGirl leads by example, inspiring others through her actions and integrity.
V. An ItGirl paves the way for authenticity and diversity in all aspects of life.
VI. An ItGirl uses the power of her voice to advocate for positive change in the world.
Let’s make things inbox official! Sign up for the xoNecole newsletter for daily love, wellness, career, and exclusive content delivered straight to your inbox.
From Toxic Traits To Transformative Growth: Understanding Evolved Vs. Unevolved Zodiac Signs
Explore your sign’s 2024 horoscope predictions to learn what is in store for you this year in love, career, and more. Check out the love compatibility of each sign to learn more about zodiac pairings and all things compatibility.
Have you ever heard someone talk about a certain zodiac sign and wondered why your experience of that particular sign has been completely different? We have all heard about the notorious Gemini Man or Virgo Man being a difficult partner to have in love, but does this apply to all Geminis and all Virgos? Well, this is where the discussion of evolved signs vs. unevolved signs comes in. It’s the idea that, while some toxic or challenging traits are more prevalent in certain signs, it also depends on the individual at hand and on whether or not they have evolved in life.
Evolved vs. Unevolved Signs: A Guide
Astrology is life-changing not only because it allows you to learn more about yourself, but it also allows you to see certain behaviors or traits in yourself, and change them if you are not happy with the way they manifest in your life. To be evolved means to learn and develop. In order to tell whether you are dealing with an evolved sign or an unevolved sign, look at the way they navigate their strengths and weaknesses. We are all predisposed to certain behaviors aligned with our zodiac sign; it’s how you grow from your experiences rather than what you accept as a defining characteristic of who you are.
Evolved signs have done the inner work, unevolved signs make excuses for their behavior.
When we are talking about evolved zodiac signs, we are talking about the Virgo who appreciates progress more than perfection, the Libra who trusts that they can stick to a decision rather than accepting they are incapable of making the best one, and the Aries who takes intentional action rather than an impulsive one. It’s those people you meet and they make you change your perspective on a certain sign you may have had a negative experience with in the past. An unevolved sign, however, is the Aquarius who isolates rather than expresses how they are feeling, the Scorpio who lets their jealousy get the best of them rather than trusting their connections, and the Leo who puts their ego before anything else.
The good news is that if you feel you are living a more unevolved version of your zodiac sign, you can change this by first addressing where you may be self-sabotaging, and where you can highlight more of your strengths. Healing from past traumas, seeking a therapist or astrologer, or overall making your well-being more of a priority all will benefit. When you are feeling good within, you attract more experiences to you to where you can be that evolved version of yourself rather than entertain old habits or ways of relating that don’t serve you.
It takes work, but the more you tap into the evolved version of yourself and strengthen this part of you, the less you will revert to your old ways or attract those same types of toxic or unevolved people towards you.
So, how do you know which side of the coin you are dealing with or are yourself? Read below to find out more about the traits and characteristics of the evolved vs. unevolved signs of the zodiac.
EVOLVED ARIES
- Confident
- Methodical
- Disciplined
- Leader
- Energetic
UNEVOLVED ARIES
- Aggressive
- Short-tempered
- Reckless
- Arrogant
- Impulsive
You’ll know whether you are dealing with an evolved Aries versus an unevolved Aries through the way they communicate and approach others. If they are confident and encouraging, you are dealing with an evolved Aries who is comfortable with who they are but also doesn't feel the need to force their energy on you. Unevolved Aries will make you take a step back, evolved Aries will make you want more. Aries’ strengths are that they are bold and assertive, but an unevolved Aries tends to create more disagreements or challenges with others in the process.
EVOLVED TAURUS
- Abundance-mindset
- Grounded
- Generous
- Compassionate
- Trustworthy
UNEVOLVED TAURUS
- Materialistic
- Stubborn
- Lazy
- Vengeful
- Envious
An evolved Taurus versus an unevolved Taurus can be differentiated by the person who has stability or who has goals in life that they share with you and are working towards. The unevolved Taurus you will most likely find on the couch, demanding that you give them what they need at the same time. Unevolved Tauruses tend to show traits of envy or jealousy when you are explaining a recent win to them. An evolved Taurus will be the first person you want to go to with the good news, and they are a big support and secure person to their loved ones.
EVOLVED GEMINI
- Communicative
- Curious
- Creative
- Innovative
- Fun
UNEVOLVED GEMINI
- Confusing
- Chaotic
- Disorganized
- Bored
- Unpredictable
An evolved Gemini will have you feeling understood, heard, and inspired. They are fun and light-hearted people to be around. An unevolved Gemini will have you questioning them, life, and everything in between- and will create unneeded chaos in your life. Unevolved Geminis are notorious for being unavailable and disloyal in relationships, and you can tell the difference between whether they are evolved or not by what they do when they are bored. Do your Gemini create or connect, or do they do something destructive, leaving you feeling a deep sense of distrust around them?
EVOLVED CANCER
- Compassionate
- Nostalgic
- Supportive
- Nourishing
- Protective
UNEVOLVED CANCER
- Moody
- Holds a grudge
- Pessimistic
- Manipulative
- Clingy
An evolved Cancer leaves you feeling supported, nourished, and loved. An unevolved Cancer may make you feel the same way, but will be hot and cold on when and how they show it. An evolved Cancer will be your go-to and someone you can trust with basically anything. An unevolved Cancer, however, you will steer away from and not want to express yourself to them for fear of them making things worse. Evolved Cancers understand their emotions, unevolved Cancers let their emotions get the best of them.
EVOLVED LEO
- Self-confident
- Passionate
- Generous
- Motivating
- Kind-hearted
UNEVOLVED LEO
- Entitled
- Angry
- Selfish
- Controlling
- Dramatic
Evolved Leo has an evolved ego. They have a strong sense of self, they know who they are and what they want, but they don’t let that get in the way of how they treat others. Unevolved Leos command the room in a way where you are looking at them in shock rather than in awe. Unevolved Leos think the world revolves around them, evolved Leos think the same thing but also want other people to be in that world or think the same thing about themselves as well. Evolved Leos are like the Sun, and you will feel enlivened in their presence.
EVOLVED VIRGO
- Organized
- Caring
- Down-to-Earth
- Inspiring
- Helpful
UNEVOLVED VIRGO
- Perfectionist
- Overly critical
- Resentful
- Anxious
- Cynical
The easiest way to tell the difference between an evolved Virgo and an unevolved Virgo is the way they make you feel. If they make you feel inspired and like you can accomplish or experience great things, you are dealing with an evolved Virgo. If they are overly critical of everything you do, you are dealing with an unevolved Virgo. Evolved Virgos help you grow, unevolved Virgos tend to make you feel incapable of that. Evolved Virgos can laugh off or let go of the little things, unevolved Virgos will get caught up in them.
EVOLVED LIBRA
- Relationship-oriented
- Balanced
- Charming
- Diplomatic
- Fair
UNEVOLVED LIBRA
- Codependent
- People-pleaser
- Flaky
- Indecisive
- Dishonest
Evolved Libras make some of the best partners, friends, and confidants. Unevolved Libras make some of the hardest of the above to maintain. The difference between the two is the Libra's ability to find the balance between their needs and the needs of others. Libras are relationship-oriented people, but unevolved Libras tend to let this trait get the best of them and will be in and out of relationships and never really settle down to figure out what they truly want and need. Evolved Libras love, but will not sacrifice their sense of self in the process.
EVOLVED SCORPIO
- Passionate
- Mysterious
- Intuitive
- Transformative
- Resilient
UNEVOLVED SCORPIO
- Obsessive
- Secretive
- Reclusive
- Destructive
- Ruthless
The difference between an evolved Scorpio and an unevolved Scorpio is their ability to let go. Evolved Scorpios have learned from their past and have made their life better in the process. Unevolved Scorpios hold onto a lot of resentments and often cause themselves or others emotional turmoil. Evolved Scorpios can let people in and make some of the most loyal, protective, and supportive partners. Unevolved Scorpios tend to be very distrustful of others and have a hard time letting go of control in any way or letting people get close to their inner world.
EVOLVED SAGITTARIUS
- Outgoing
- Optimistic
- Spiritual
- Adventurous
- Genuine
UNEVOLVED SAGITTARIUS
- Dramatic
- Brash
- Superiority-complex
- Unreliable
- Careless
The evolved Sagittarius are inspiring, optimistic, and hopeful. The unevolved Sagittarius is just about the complete opposite of that. Evolved Sagittariuses have learned to fuel their adventurous spirit with intentional action rather than recklessness, and are there for their loved ones rather than leaving people hanging or being unreliable. Unevolved Sagittariuses can be very rude and aggressive and will mask this behavior with humor. They can be very harsh, rather than the evolved Sagittarius who is still outgoing, but is also genuine and confident and aligned with their highest self.
EVOLVED CAPRICORN
- Hard-working
- Loyal
- Stable
- Sensible
- Ambitious
UNEVOLVED CAPRICORN
- Workaholic
- Unforgiving
- Rigid
- Stubborn
- Dominating
When you are looking at an evolved Capricorn, you find yourself in the presence of someone loyal, hardworking, and down-to-earth. An unevolved Capricorn can be judgemental and cold, with only their personal goals in mind. Unevolved Capricorns seem to be stuck in the same place in life, and unmoving in what they believe is best for them. Evolved Capricorns are open to feedback and are flexible enough to figure out what is truly best for them, to explore, and to allow someone else to lead them at times. Evolved Capricorns are responsible and productive but take care of their well-being in the process.
EVOLVED AQUARIUS
- Freedom-oriented
- Logical
- Friendly
- Open-minded
- Outgoing
UNEVOLVED AQUARIUS
- Distant
- Cold
- Disloyal
- Detached
- Superiority-complex
Evolved Aquarius and unevolved Aquarius are mirrors of each other. The evolved version of Aquarius is friendly, open-minded, and supportive of not only themselves but of others as well. The unevolved version of Aquarius can be quite distant and detached from their relationships and life altogether and can be hard for people to get close to. Evolved Aquariuses value their independence, but don't use escapist behavior as an excuse for their actions. Unevolved Aquariuses will leave someone on read for months instead of just telling someone how they feel.
EVOLVED PISCES
- Loving
- Intuitive
- Compassionate
- Creative
- Romantic
UNEVOLVED PISCES
- Consuming
- Escapist
- Moody
- Distant
- Unrealistic
Evolved Pisces are the artists, muses, lovers, and dreamers. Unevolved Pisces may have that same creative energy but tend to wear rose-colored glasses that get them into trouble in the process. Pisces are hard to grasp in the first place with their fluid, mutable nature, but an unevolved Pisces will make that distance feel like miles. Unevolved Pisces can get pretty messy and will act out on their emotions without getting the full picture or giving themselves time to sort things through. Evolved Pisces on the other hand, let their emotions inspire them and know how to step into their true power.
Let’s make things inbox official! Sign up for the xoNecole newsletter for love, wellness, career, and exclusive content delivered straight to your inbox.
Featured image by