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Virginia Realtor Reginald Potts Unveils First-Time Homebuyer Secrets

Realtor Reginald Potts, of Berkshire Hathaway HomeServices PenFed Realty, lists the top four tips for first-time homebuyers.


News provided by

Berkshire Hathaway HomeServices/PenFed Realty

Oct 24, 2018, 04:20 ET

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Reginald Potts
Reginald Potts

CHESTERFIELD, Va., Oct. 24, 2018 /PRNewswire-PRWeb/ -- "Buying a home for the first time can be quite daunting," said Potts, who has specialized in Chesterfield real estate for over a decade and is currently working with his daughter, who is a first-time buyer. "Fortunately, there are ways to ease the confusion."

No. 1: Get pre-approved. First-time buyers should always be pre-approved from one or more lenders before even beginning their search. "This helps determine the amount of money you are qualified to borrow," said Potts. "This also helps determine the maximum price you can afford."

However, you have to take as much emotion out of it that you can so that you can make a well-informed decision when buying a house. Always be analytical so you know exactly what type of house you are looking for and what you can afford.

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No. 2: Make a well-informed decision. Buying a home is an emotional decision, as one has most likely been dreaming of it for a long time. "However, you have to take as much emotion out of it that you can so that you can make a well-informed decision when buying a house," noted Potts. "Always be analytical so you know exactly what type of house you are looking for and what you can afford."

No. 3: Find a reliable Realtor. Oftentimes, first-time buyers require extra detailed explanations of each step in the process. "It's imperative that you feel comfortable with your Realtor so you receive reliable answers to your important questions," stressed Potts. "Find one that has a proven track record and comes highly recommended."

No. 4: Get a second opinion. Once you have found your dream home, solicit a second opinion. "Show the house to a trusted friend or family member as they might notice something about the house that you did not," concluded Potts.

About Reginald Potts, Berkshire Hathaway HomeServices/PenFed Realty
Reginald Potts is an Associate Broker with Berkshire Hathaway HomeServices PenFed Realty and helps families through every part of the transaction, and offers complete services including relocation, mortgage, title and settlement, and home warranty. Contact Potts for a no-obligation consultation to discuss specifically how he can help with current and future real estate needs. For more information, please call 804-536-1319, or visit http://www.reginaldpotts.penfedrealty.com.

For media inquiries, please call the NALA at 805.650.6121, ext. 361.

SOURCE Berkshire Hathaway HomeServices/PenFed Realty

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