8 Common Mistakes To Avoid When Buying a House For First Time Home Buyers

[@tammysegarra2379]

You are helping me so much to prepare myself for buying my first house. Thank you ❤️

[@NicoleNark]

You are so welcome, Tammy!! Happy to help 😊

[@Pureabundance8]

Hi Nicole, You are very knowledgeable. I have had the worst experiences with these terrible unattentive Realtors 😔😔😔😔😔 I wish you were here in Florida. All I can do is keep watching your video and teach my Realtor.. She is so sorry! Smh

[@Alessandro1983]

Great point about the down payment & closing costs. Its easy to assume all you need is a certain down payment to start. But when the closing cost is not discussed, one is to get caught off gaurd and it can be frustrating & discouraging. So if a down payment of 3.5% is put down as an FHA loan; then in reality, one would really need between 6%-10% total to initiate with the closing costs added. Thanks for the info & helpful Tips Nicole.

[@NicoleNark]

6-10% savings is IDEAL! Having that will save you tons of stress!

[@trancastore2107]

You are a great speaker and extremely resourceful person. I am so grateful to find your channel . I am a thinking of buying a house with my mom help so this a wonderful information to know before .

[@tompetrone5934]

#8 is a great tip. Can a home inspector find water leaks with an inspection? If the water is off when viewing the home, should a buyer ask to have the water turned on...to check for leaks. Or can the water dept. or a service person...Do a pressure test from the road to the house to find any major water leaks?

[@NicoleNark]

Thanks Tom! You should always request that all utilities be on for your inspection! That is truly the only way for the inspector to check for leaks and that other systems are running properly. The home inspector will need the water on in order to test the water pressure. They will also be able to check if there could be damage to the water line by having the water service to the home turned on but making sure no faucets are running in the house. If nothing in the home is drawing water, the meter should be still. If all faucets are off and the meter is still spinning, you could have a leak!

[@tompetrone5934]

Nicole should have a CD or a youtube combo set...with 10 videos or more put together on everything about home buying ...with a series 1 thru 10. Then we could see all your youtube videos one after another...on the home buying experience. That may be an easy way to have us see your videos one after another...and maybe do a "At home with Nicole" your tips on decorating...so many homes could look so much better with just some new paint and some simple decor tricks, your so good at selling anything! Just a thought. Maybe put a decor tip in-between each video...these would increase the value of the home they buy...maybe have a side guy like on this old house...program...then next your on TV😃

[@michaelmckinney2214]

Great information to know I'm in the process of buying my first home 🏡

[@Foothillflow]

Thank you for explaining the home insurance options!

[@NicoleNark]

Happy to help! 😊

[@lilyball9755]

Thanks! I learned a lot today

[@NicoleNark]

I am so glad you found this video helpful!

[@fredswartley9778]

Excellent video! Very clear and concise presentation.

[@msmuzichead]

The utility lines. Good info 🙂

[@Elsanta666]

Besides being an expert your are the most beautiful woman ive seen🥰

[@NicoleNark]

Thank you so much!

[@faithb862]

Great job!! love your down to earth explanations & real life experience!!..Thank 🤍you!

[@arwinsilva490]

THANK YOU!!! THANK YOU!!! THANK YOU!!! GOD BLESS YOU!🙏🙏🙏

[@NicoleNark]

Glad it helped!

[@MahatKiran]

Thank you!

[@kachindubuisi2333]

Okay, I'm sharing this with everyone I know! 🤯

[@NicoleNark]

Thanks Kachi! I'm happy to hear that you found the video helpful! 🎉

[@ashleylatson4813]

Recently found your channel and your very informative. Thanks so much

[@NicoleNark]

You are so welcome 🙂 happy to help!

[@noy6184]

Thank you for sharing this information

[@NicoleNark]

You bet!

[@helalkhan417]

Thank you so much for this valuable information and suggestions.

[@NicoleNark]

Glad it was helpful!

[@lorryarrington6679]

Thank you Doll

[@NicoleNark]

No problem 😊

[@angelacothron1119]

Thank you. Very helpful information.

[@mrbojangles1391]

#8 is real. Right after buying my first home, found out that our neighbor's tree roots had dug into my sewer line. Cost us thousands to resolve.

[@NicoleNark]

So frustrating! I do not wish that on anyone!

[@JamesBrown-xl4rq]

You're a very intelligent woman maybe even most intelligent ever...

[@endrisyimam6597]

You actually you give the best tips I did not know it Thank you somuch.

[@NicoleNark]

You are so welcome! I am happy to help! 😊

[@1andonlyE]

Good explanation for the utility bills process… BUT, how will we know if any of the lines to the street are damaged or on the verge on being damaged underground?

[@winterseyes]

Once you ask for the utility bills and see high numbers, you start asking questions, like why is the bill so high every month? Now, your red flag is up, time to do some research? if the seller isn't giving you the answers you need.

[@edwinvonborstel3405]

Great information I buy rental properties in Arkansas but sometimes I don't remember to check all those things that you have presented and it can be costly I have some great stories to tell but not here

[@NicoleNark]

It can be! I invest in real estate as well and all of these lessons have come from my own mistakes! 😅

[@edwinvonborstel3405]

@@NicoleNark right there. With ya!😊

[@briangonsalez2173]

Excellent video! Thank you!

[@NicoleNark]

Glad you enjoyed it, Brian 😊

[@Nick-kc9mz]

Awesome! Thank you, so much. I had no idea!

[@monicaflores4321]

this video is what made me subscribe. Thank you for all the advice!!

[@NicoleNark]

Thanks for the sub! I’m glad you’re here 💕

[@curtisjackson2920]

Great video & I may be interested in using down payment assistance 😏👍🏿🏡

[@anital5119]

Great information

[@nwakava9558]

Thank you Nark

[@austindaniels5480]

Very informative video. Thank you!

[@blessed020506]

You're the bomb! Enjoying all of your videos

[@NicoleNark]

Thank you so much! Happy to hear they are helpful 😊

[@turtleiscoolaj]

Very important information.

[@NicoleNark]

Glad it was helpful!

[@greatedwards314]

Your information is amazing

[@SullySulfa]

You should of done on inspection

[@amybliss3644]

So helpful ❣️🙏✨muchos gracias

[@garythorsell5061]

Great information thanks

[@sachelldupree1330]

Thank you. You made me feel like I need to sell my house and slow down!!

[@NicoleNark]

It is easy to get caught up in the frenzy! Take a deep breath, You've got this!

[@sachelldupree1330]

@@NicoleNark yes I feel like the more info I find the more I feel like I don't know nothing. Like my house is sold that was a process but now I need to find my first investment and I don't want to make a bad decision

[@NicoleNark]

@@sachelldupree1330 I completely understand! Doing research really helps! That is what gives me the peace of mind that I am making a good financial decision!

[@Dekbannok360]

Most if not all agents work for sellers. How do we know which agent work for buyers?

[@SCSC-qz7rr]

ABOUT #3, SHOUKD YOU TELL YOUR OWN REALTOR THE APPROVED AMOUNT OR NOT? ABOUT INSPECTION ON A HOUSE BEFORE CLOSING, WOULD YOU RECOMMEND HAVING A CONTRACTOR OR AN INSPECTOR FOR EACH ISSUE. FOR EXAMPLE, AN INSPECTOR FOR PLUMBING ONLY, ANOTHER ONE FOR ELECTRIC, ROOFING, ETC. OR JUST CONTACTING COMPANIES TO COME AND CHECK THE AREAS. FIR EXAMPLE CALLING A ROOFING COMPANY TO CHECK THE ROOF. CALLING A COMPANY TO CHECK THE FOUNDATION, ETC. SOME OF THOSE ESTIMATES COULD BE FREE AND YOU WOULD KNOW IF SOMETHING IS WRONG, RIGHT?

[@NicoleNark]

I think it is important for your Realtor to know how much you are pre-approved for! Also, I would advise you hire a home inspector to look at the house overall and only contact any specific contractors if it is necessary. That is just my opinion

[@TheTyson35]

Thanks 🙏🏾 for the information

[@NicoleNark]

You bet 😊

[@toro02]

Interesting point on the pre-approval letter. I'm getting a house built and the builder wanted my pre-approval letter, but the price of the house isn't established since it's a custom home and prices will vary. I'm hoping lumber prices fall this year, since that has increased dramatically over the past year.

[@NicoleNark]

Yes lumber prices have tripled over the last year! It is always my recommendation even with custom homes that you set a base price in writing with your builder and that any future modifications must be agreed to in writing by all parties! This is a best practice so that you can monitor your price and know you aren't getting ripped off!

[@marcusnelson1094]

Appreciate the video 👍🏾

[@NicoleNark]

No problem 👍

[@concernedgreatly5291]

Great video

[@roymass4405]

THANK YOU.

[@NicoleNark]

Thank you for watching! :)

[@sojaboymareko2050]

I love you😊😊 I mean I love your video's...lol

[@SoyElegidaPorDiosEnSuCatolica]

Question; I took the first time home buyer program here in Pa, but haven't brought a house yet and I decided that I want to move to Florida. Can I buy a house with my PA home program or do I have to do the program again in Florida?

[@conniegriffincarr6535]

Ohh wee thank you Nicole🤓

[@NicoleNark]

You're so welcome!

[@MountainAirOrganicBeds]

Great advice, thank you Nicole. I am a homeowner, recently got my mortgage payment down to $720 but the rent value closer to $1,200-$1,500 a month. Should I rent my home out and find a bigger home? I need more space because, we run our business out of our home and it’s to cramped. Thinking of turning our garage into another room to add value, and moving to the country where it’s quiet and private. We currently have a va loan and don’t make much money. Your advice? If I pay 1 car off, we will have just 1 truck payment left. That’s our total debt. Are there any government assistance programs left for us?

[@ghettogossippodcast6606]

Can you do a video on DAP second mortgage loan pros and cons plz

[@remona901]

Thank you

[@NicoleNark]

You're welcome! 😊

[@tompetrone5934]

Great Video!

[@NicoleNark]

Thank you, Tom!

[@applejack2911]

Hello Nicole thanks for the great valuable information. I am a disabled Veteran and am interested in buying a home in Louisiana. Do you have a license in Louisiana?

[@mhamilton4547]

Omg I just made #3 mistake

[@user-me3jk8wv7i]

Best way to find a buyers agent? Thx

[@chrisr72684]

I feel like my Loan officer is steering me away from Down Payment assistance. Should I be worried, am I being looked out for? Feel like I could be missing out on free monies I could use to furnish the new house

[@NicoleNark]

That's a really good question! Down payment assistance can come with additional fees sometimes or a higher interest rate. Your lender may just be pointing out that it would not be advantageous for you. Also not all lenders work with different types of down payment assistance. I would ask the lender candidly and if they can not give you a good answer, maybe apply with another lender and weigh your options!

[@model_nvartistry]

What happens if you're doing a new build...would it still be possible to get a utility request from the sales center maybe?

[@NicoleNark]

It could be difficult. If they do not provide you with it, contact the utility companies! Usually they can provide you with what is "typical" in the area you are buying!

[@model_nvartistry]

@@NicoleNark Makes sense! Thanks!

[@chrishellemaitland5775]

Can you please explain better about who and what area we should work with (our current state or future state) that we should be applying with for loans, getting a broker/listing agent, for our new home when we are moving out of state. I'm going to be moving from New York to either West Virginia (south central/south area) or Kentucky. Thanks in advance for clarification on this.

[@NicoleNark]

Great questions! I would advise that you connect with a buyer's agent in the area you are looking to move to and buy in (so...future state!) That agent can be your go-to resource through the buying process and can connect you with lenders that are common and well respected in the area. Will you have a home to sell in New York?

[@chrishellemaitland5775]

@@NicoleNark thank you. No, I'm not selling a home. I'm currently renting and will be buying through a low income grant program due to disability fixed income.

[@NicoleNark]

@@chrishellemaitland5775 That makes the process a bit easier! I would advise you reach out to agents in both areas you are considering and see what you can learn to determine which area might be the perfect next place for you!

[@chrishellemaitland5775]

@@NicoleNark I will do that. Thanks so much for the advice and sharing your wealth of knowledge.

[@erikahoustonrealtor]

Lovely camera ! Pls share deets ? Thanks

[@RicosBettaWorld]

Can the lender ask for bank statements and check credit after closing?

[@iamhischosen3866]

Yep! So be honest up front

[@pearlrodgers354]

I have a car note will that affect me from getting a USDA HOME LOAN

[@perezkarina66kp]

What about home warranty? Is that importan?

[@tonyblack5645]

Damn last name Nark....lol🤣😅😅😅😅

[@NicoleNark]

Hahaha it's a memorable one for sure 😅

[@chachee15]

Im going to use my VA loan, would the agent know how much I would be eligible for?

[@NicoleNark]

Your agent probably will not be able to tell you but your lender can help since they will be the ones reviewing your loan file!

[@scottmcclenahan6681]

@@NicoleNark do you recommend and central Arkansas good va lenders?

[@chachee15]

Is tornado coverage required in Arkansas? Is it expensive

[@NicoleNark]

No tornado coverage is not required.

[@provokeable]

I’m just here because Nicole is cute 😍😍😍😍😍

[@wima3708]

I t

[@smar3tech343]

🙏😇🤔😎👍