Zillow Advice: Home Buying - first time homebuyer http://www.zillow.com/advice-thread/first-time-homebuyer/513536/ Zillow Advice | Zillow Real Estate If you are looking over budget ... http://www.zillow.com/advice-thread/first-time-homebuyer/513536/ If you are looking over budget I hope it is a self imposed budget and not your pre-qualificaiton.&nbsp; <br/><br/>Besides the payment you have to factor in real estate taxes and insurance.&nbsp; If you are not putting 20% down you will also have monthly PMI fees.<br/><br/>It's ok to stretch a little, but bear in mind there may be unforeseen expenses after you buy the home that require immediate attention.&nbsp; Don't wipe yourself out so that even peanut and jelly looks extravagant. Mon, 30 Sep 2013 20:13:00 GMT http://www.zillow.com/advice-thread/first-time-homebuyer/513536/ 2013-09-30T20:13:00Z Glad to see you entering ... http://www.zillow.com/advice-thread/first-time-homebuyer/513536/ Glad to see you entering the real estate market......1) Get a pre-approval letter from a major bank!! 2) Always have your own representation (your agent) 3) Making an offer does not hurt you, you get to know in real time whether your offer was close or not. 4) It will teach you to make a better offer next time around and give you a reality check.!! 5) Always understand that there is no perfect house!? You will have to make some concessions to your list of criteria's. It is up to you to decide which are more important?! 6) Never compromise on an area/neighborhood, you cannot change it!!........Hope this helps....happy hunting!! Mon, 30 Sep 2013 19:27:00 GMT http://www.zillow.com/advice-thread/first-time-homebuyer/513536/ 2013-09-30T19:27:00Z You are pre-approved already ... http://www.zillow.com/advice-thread/first-time-homebuyer/513536/ You are pre-approved already right? If you aren't I would recommend you get that done as soon as possible so it won't cause any problems in the home-buying process once you choose the house you want. You should speak with a lender that can help you out.<br/><br/>Well I hope this helps! If you have any further questions or if you would like a loan, feel free to contact me!<br/><br/>Good Luck! Mon, 30 Sep 2013 19:03:00 GMT http://www.zillow.com/advice-thread/first-time-homebuyer/513536/ 2013-09-30T19:03:00Z Dear user3938896:You should ... http://www.zillow.com/advice-thread/first-time-homebuyer/513536/ Dear user3938896:<br/><br/>You should go with your gut, nobody can answer this question better than you. If you are looking to purchase a home in Brooklyn, feel free to contact me direct and I can try to be of better assistance. Good luck!<br/><br/><div>Sincerely,<br/>Mitchell S. Feldman<br/>Associate Broker/ Director of Sales/ e-Pro Realtor<br/>Fillmore Real Estate<br/>[content removed by Zillow moderator]<br/></div> Mon, 30 Sep 2013 17:50:00 GMT http://www.zillow.com/advice-thread/first-time-homebuyer/513536/ 2013-09-30T17:50:00Z If you sleep on it, you may ... http://www.zillow.com/advice-thread/first-time-homebuyer/513536/ If you sleep on it, you may not sleep in it! If you can make it work for you and it has most of what you are looking for, go for it! Mon, 30 Sep 2013 17:35:00 GMT http://www.zillow.com/advice-thread/first-time-homebuyer/513536/ 2013-09-30T17:35:00Z If the home has all you're ... http://www.zillow.com/advice-thread/first-time-homebuyer/513536/ If the home has all you're looking for and you can&nbsp;adjust&nbsp; your budget, and you feel is a lucky discovery I would seriously consider it sometimes there are those sleepy purchases that many buyers pass on, best of luck! Mon, 30 Sep 2013 17:07:00 GMT http://www.zillow.com/advice-thread/first-time-homebuyer/513536/ 2013-09-30T17:07:00Z Well, if it's outside your ... http://www.zillow.com/advice-thread/first-time-homebuyer/513536/ Well, if it's outside your budget-then look at different areas and then decide on if you want to wait for the&nbsp;great location or buy else where.&nbsp;&nbsp;&nbsp; Mon, 30 Sep 2013 16:51:00 GMT http://www.zillow.com/advice-thread/first-time-homebuyer/513536/ 2013-09-30T16:51:00Z