Lending, My Home, Real Estate

5 Things I Learned to Expect When Buying a Home

Around here, I’ve developed a bit of a reputation. As “Rachel the Renter” I entertain my co-workers (and you!) with a variety of renting anecdotes and horror stories. But the truth is, I do want to eventually break up with my landlord and explore a monogamous relationship with a mortgage broker. I know “Rachel the First-Time Homeowner” doesn’t have the same alliterative ring, but I’m sure we’ll all survive.Thing is, there’s lots more at stake than just a change in status from renter to homeowner. Like so many (if not all!) first-time home buyers, I have no earthly idea what I’m doing. Sure, I can read up on all the buying and finance advice we offer here at realtor.com®. Of course, I can consult with my real estate agent and my mortgage broker. But if there’s one thing I keep hearing from those who’ve forged the path ahead of me, it’s that when you buy a home for the first time, you’re constantly faced with things you didn’t know you didn’t know.So, before I embark, I thought I’d minimize some of those surprises and take advantage of my home-owning co-workers’ experience. They shared these personal anecdotes of surprises they encountered on the road to homeownership. I hope this will help prepare you—and me—for what lies ahead:

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