Houston Mortgage First-Time Homebuyer - FAQ Part 2 by houstonmortgagetexas

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                                    W W W. H O U S TO N M O R T G A G E T E X A S . C O M   M O RT G A G E H O U S T O N VA M O RT G A G E 1 S T- T I M E H O M E B U Y E R S




Houston Mortgage First-Time Homebuyer: Frequently Asked Questions (FAQ) Series


Part 2: Choosing the Right Home

Once you have decided you are ready to buy a Houston area home, the next step is to decide on the right
Houston home to suit your lifestyle and budget. The answers to these First-Time Houston Homebuyer
Frequently Asked Questions (FAQs) will help you determine what type of Houston home is right for you.

How do I select the right Houston, Texas community?

Selecting the right community is one of the keys to finding joy in your new Houston home. Some things to
consider when selecting the right Houston community include:

     •	 Quality	of	the	neighborhood’s	school	system

     •	 Access	to	shopping,	restaurants,	public	transportation	and	other	amenities

     •	 Types	of	services	available	and	your	proximity	to	them,	such	as	libraries	and	grocery	stores

     •	 Proximity	to	entertainment	and	cultural	attractions

After finding a Houston neighborhood that interests you, take the time to talk to some of the people who
live there. Not only will they be able to tell you more about the Houston community, but it will also give
you a jumpstart on getting to know your neighbors and determining if the community is right for you.


How can get information about local Houston schools?

While your Houston real estate agent may be knowledgeable about the schools in your area, you can obtain
the most accurate information by contacting the Houston city or county school board or by contacting the



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                                      Call Today: (800) 704-5432 or (281) 305-9375
                                      Click Here to Apply For Your Houston Mortgage

                                                                                              H O U S T O N F H A & U S D A M O RT G A G E C O N V E N T I O N A L M O RT G A G E
                                      W W W. H O U S TO N M O R T G A G E T E X A S . C O M   M O RT G A G E H O U S T O N VA M O RT G A G E 1 S T- T I M E H O M E B U Y E R S




Houston Mortgage First-Time Homebuyer: Frequently Asked Questions (FAQ) Series


Houston school directly.


How can I learn more about the community’s resources?

Your Houston real estate agent should be able to provide you with information about the community,
including providing you with a welcome kit, Houston maps and other information. You can learn more about
the	community’s	resources	by	contacting	the	local	chamber	of	commerce	and	asking	for	promotional	
literature	or	by	visiting	the	community’s	local	library.	Not	only	will	the	Houston	library	contain	information	
about local events and resources, but the librarian should be able to answer many of your questions as well.


How can I find out for how much the homes in certain neighborhoods are being sold?

Your Houston real estate agent should be able to provide you with information about comparable listings in
the area where you are considering making a purchase.


Where can I find information about Houston property taxes?

Houston property tax information, including the total amount charged for the previous year, is typically
included in the listing information. If not, you can either ask the seller for a tax receipt or you can contact
the	local	assessor’s	office	for	more	information.	Keep	in	mind	Houston	tax	rates	change	each	year,	so	any	
figures	you	receive	will	be	approximate.	At	the	same	time,	don’t	forget	Houston	property	taxes	are	
deductible, so you will get some of this money back when you file your taxes.


Can I save money by purchasing an older home in Houston?



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                                     Call Today: (800) 704-5432 or (281) 305-9375
                                     Click Here to Apply For Your Houston Mortgage

                                                                                             H O U S T O N F H A & U S D A M O RT G A G E C O N V E N T I O N A L M O RT G A G E
                                     W W W. H O U S TO N M O R T G A G E T E X A S . C O M   M O RT G A G E H O U S T O N VA M O RT G A G E 1 S T- T I M E H O M E B U Y E R S




Houston Mortgage First-Time Homebuyer: Frequently Asked Questions (FAQ) Series


Whether or not you can save money by purchasing an older Houston home instead of a newer home will
depend on many factors. Typically, an older home will require more maintenance and repairs than a new
home. Therefore, by the time you pay for any necessary upgrades and renovations, you may not save any
money by purchasing an older home. Furthermore, newer Houston homes are generally easier to maintain
and offer more energy-efficient features. On the other hand, older homes may be located in more established
Houston neighborhoods, they may offer lower property tax rates and they may have more character than a
newer home.


What factors should I consider when viewing a Houston home?

When walking through a Houston home on the market, there are several basics you should look for and
consider. Some of these questions include:

    •	   Does	the	home	offer	enough	room	for	you	now	and	for	your	future	plans?
    •	   Does	the	home	have	enough	bedrooms	and	bathrooms	to	suit	your	needs?
    •	   Is	the	yard	large	enough	to	meet	your	needs?
    •	   Do	you	like	the	way	the	floor	play	is	laid	out?
    •	   Is	there	enough	room	for	your	furniture?
    •	   Does	the	home	have	ample	storage	space?
    •	   Is	the	house	structurally	sound?
    •	   Is	anything	in	need	of	repair?
    •	   Do	all	of	the	mechanical	systems	and	appliances	function	properly?
    •	   Will	the	home	serve	as	a	good	year-round	residence	in	all	weather	conditions?

It is also a good idea to have the Houston real estate agent point out the pros and cons of the home as you
walk through it. This way, you can view it from a professional standpoint as well.




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                                     Call Today: (800) 704-5432 or (281) 305-9375
                                     Click Here to Apply For Your Houston Mortgage

                                                                                             H O U S T O N F H A & U S D A M O RT G A G E C O N V E N T I O N A L M O RT G A G E
                                     W W W. H O U S TO N M O R T G A G E T E X A S . C O M   M O RT G A G E H O U S T O N VA M O RT G A G E 1 S T- T I M E H O M E B U Y E R S




Houston Mortgage First-Time Homebuyer: Frequently Asked Questions (FAQ) Series


What questions should I ask when viewing Houston homes?

The majority of the questions you ask when viewing a Houston home should focus on potential problems
and maintenance concerns. For example, you should ask what items will require ongoing maintenance and if
anything is currently in need of repair. You should also ask questions about the neighborhood in order to get
a better idea of the quality of life you can expect. It is a good idea to prepare a list of questions beforehand
and to write down the answers. This way, you can be consistent with the questions you ask at each house
and you will have a record of the answers that you can review when deciding on which home you want to
purchase.


How can I keep track of all of the Houston homes I view?

The best way to keep track of the Houston homes you view is to take photographs, paying particular
attention to the outside, the major rooms, the yard and any extra features. You should also take pictures of
those features you like as well as those you do not like.


How many Houston homes should I expect to view before I choose one?

You are free to visit as many Houston homes as you like before you choose the one that is right for you, but
the average homebuyer views 15 homes before settling on one.




                      Call today: (800) 704-5432 or (281) 305-9375 or visit us online:
                                  http://www.HoustonMortgageTexas.com




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