Coldwell Banker Vanguard, REALTORS®

First Time Home Buyers in Springfield, MO

Posted: December 07, 2018 by Alex Fowler

Home ownership. There is nothing like buying your first home in Springfield, MO! If you are looking for homes for sale in Springfield, MO and you are about ready to purchase one, here are some great tips to help you out.
Focus on Your Monthly Mortgage Payment, Not the Entire Thing
Getting pre-approved for a mortgage is generally the first step you should take as a first time buyer. A common mistake that most people make is they often look at the price of the entire house rather than the monthly payments. You may get approved for a $450,000 home, but this may not necessarily be what you can truly afford. There is always a high end and a low end that the adviser will give you for a range. It is up to you to figure out what you are comfortable paying each month. 
You Don’t Pay The Agent’s Commission as the Buyer
A lot of people often think that you have to pay a real estate agent when buying your first home in Springfield, MO. However, many are surprised to find out that you do not pay the agent's commission as a buyer. The agent actually earns their commission from the seller side of the transaction.
Need help finding an agent? Take a look here.
Make the Jump!
GO! There will be several moments throughout your home buying process in Springfield, MO that will make you nervous. You are always going to wish for more things like more money in the bank, a backyard that was just a little bigger, or that you were just a little more sure what direction your life will be taking in the next 5-10 years. Here is some advice: if you feel comfortable with the payment, love the location and “bones” of the house, and will feel proud to make this house a home in Springfield, MO, then take the leap and don’t look back. You won't regret it!

If you have any questions about first time home buying in Springfield, MO, visit our website at or call our office at 417-887-6664.

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