Tuesday, August 4, 2020 / by Shane Anderson
First-Time Homebuyer’s Guide: Buying a Home in Maryland
Maryland offers an interesting blend of Northern and Southern life because of which thousands of people move to the Free State every year. It is steeped in history and offers the best of both worlds as far as the terrain is concerned. From beautiful mountains, infinite lakes, beaches, rivers, forests, to breathtaking valleys, the entire state is a sight to behold in itself.
But that is not all; the swanky, peaceful suburbs and its proximity to DC states such as Baltimore and Rockville make it extremely lucrative in the real estate market, with many A-list celebrities choosing Maryland as their abode. So, you have definitely made the right choice if you have decide to move to the state!
However, buying homes in Maryland can be a quite long-drawn process, given the competitive market. If you are looking for homes in Pasadena, MD, then you need all the help you can get to land a great deal that meets your expectations and does not overwhelmingly exceed your budget:
1) Find A Local Real Estate Agent
Instead of placing your trust in multinational real estate online marketplaces that cater to first-time homebuyers across the country, choose a local broker, especially if you don’t have a huge budget. They are more likely to have an exhaustive portfolio of homes in the areas preferred by you, given their great networking capabilities and their knowledge of the local real estate market conditions. What’s more, they might even negotiate the price for you and will also guide you through the entire process.
2) Zero in on a neighborhood
The neighborhood you choose will have a crucial role to play in your quality of life so talk to residents or do an online search to know which ones match your requirements and lifestyle. For instance, if you are going to live with your family, look for serene and secure suburbs that are not too far away from schools. Also, consider whether you’d like homes that are away from the hustle and bustle of city life and have spacious yards or whether you need to be 20 minutes away from your workplace. These considerations will help you to narrow down your choices.
3) Keep a watchful eye on local market trends
Current market trends determine how expensive the house you love will be. So, if you want to save some bucks during the homebuying process read up on market trends as often as you can.
According to reports, the best time of the year to get a home in Maryland is in the fall or winter months, when business is slow. These things differ as per the city and the time of the year. For instance, if you are looking for homes for sale in Pasadena, bear in mind that prices surge during spring and summer.
With these tips, you will be able to snag the home of your dreams! If you are looking for updated listings of beautiful, spacious, and elegant homes in South Central Maryland, check out our collection and give us a call for more information.