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11 Things To Know When Buying A Home

Buying a home can be extremely stressful especially if you’re a first-time homebuyer. From getting pre-approved to finding a REALTOR®, home inspector, and everything else in between, some of our buyers have said it was the most overwhelming yet wonderful thing they’ve ever done. Luckily for you, however, you’ve found this article. In it, we will tell you 11 things to know when buying a home whether it is your first home or 15th, we’re here to help.

11 Things To Know When Buying A Home

1) A Good Lender Is Everything

The first step in buying a home is getting pre-approved. If you aren’t pre-approved, most REALTORS® won’t show you any property, and if you find one who will, they won’t show you a lot. Thus, it’s important to have an incredible lender on your side to make sure that you can actually get the loan you need to purchase a home. How do you find a great lender? Well, there are a few options. If you know anyone else who has bought property in the area you will be purchasing your home, ask them who they used. If they had a good experience, they’ll be more than happy to recommend them. If they didn’t, they’ll tell you something to avoid. Another way to find a great lender is to, oddly enough, contact a great REALTOR®. Which, leads me into my next point.

2) Find A Great REALTOR® To Be On Your Side

A REALTOR® is an incredible asset for a buyer no matter how many homes you’ve bought and sold. A good REALTOR® knows the market, the process of purchasing, and things to look out for when buying a home because they do it every day. Some REALTORS® sell 100+ houses/year. I can’t think of anyone who would be more knowledgeable about buying a home than someone who helps people buy 100+ homes/year. Now, I’m not saying you need a REALTOR® that is doing that much business, but it is important to have a REALTOR® that sells houses full-time and knows the process up and down.

3) You Will Be Overwhelmed w/ Paperwork

When buying a house in Tennessee, you will sign around 30 pages of documents when you put in an offer. Not to mention what you’ll sign for your mortgage and then what you sign at closing to actually take procession of the home. Many old-school REALTORS® talk about the days of the one-page contracts, but in today’s world, that is far from the case. Now, all of this paperwork may be a little overwhelming; however, if you took the advice earlier and got a good REALTOR®, they will be more than happy to sit down and look everything over with you in order to make sure you truly understand what you are signing. If your REALTOR® won’t do this, they aren’t a good REALTOR®.

4) You May Have To ‘Lose’ A Few

In the current market in most of the United States, houses are selling just as fast as they come on the market. Because of this, many home buyers when they first start looking will lose a few houses they wish they had bought because they wanted to see more first. We see this time and time again with first-time homebuyers. As REALTORS®, we always try to prepare our buyers for this and educate them on how the market is working. If you find a house you love and can’t stop thinking about, buy it. There is a reason you can’t get it out of your mind. I understand taking a day or two, and in my market, that can usually be okay. However, if you are in a large metropolitan market, even that could be too long. Because of this, you’ll probably lose a few houses you love, but that’s okay. It’s all part of buying a home in the current real estate climate.

5) REALTORS® Are FREE For Buyers

Did you know that enlisting the services of a REALTOR® is completely free for buyers? I’ve heard multiple people say, “I don’t want to buy a house with an agent because it costs me money!” Well, I’m here to inform you that it doesn’t. As a buyer, using a real estate agent doesn’t cost you a dime. Your agent will be given a piece of the selling agents commission for bringing the buyer to the house. The reason they are willing to do this is because it’s one of the only ways to actually get the house sold. In our market, less than 20% of homes sold are actually sold by the listing agent. In over 80% of sales, the person who brings the buyer is another agent – not the listing agent. Thus, using a real estate agent to buy a home is completely free to the buyer and doesn’t cost them a dime. It really is a no-brainer to use a REALTOR® to buy a home!

6) Lenders Consider You Guilty Until Proven Innocent

This may seem a bit funny/extreme, but it’s true.  Lenders assume you don’t have a job, have no money to your name, and that you wouldn’t make a single house payment after you get the mortgage until you prove them otherwise. Because of this, they are going to want what seems like a ridiculous amount of documents and information from you. The truth is, however, this is necessary in order for them to feel confident in giving you a loan at the best rate possible. Thus, just remember when they are asking you why you bought that $5 cup of ice cream last week, they are trying to get you the best rate and loan terms possible while still getting you the house of your dreams.

7) Don’t Be Afraid To Look At ‘A Lot’ of Houses

We’ve shown 30 houses to people before they’ve finally pulled the trigger and bought one. Now, that’s not to say they didn’t lose a few homes, but when they did eventually put in an offer, they were confident in the market and the value that they were getting in the home they were buying. Some real estate agents may not like showing you 30 or more homes before you buy, but a good REALTOR® won’t mind as long as you stay loyal to them, and when you do find the home you want to buy, you work with them to do so. If you need to look at 70 homes over the course of a year before you purchase one, that’s fine. Just be sure to do it with the same agent that you can trust. That way, you’ll build an honest relationship with the agent, and he or she will eventually be rewarded for all of their work.

8) If You Like It, Look At It

Home buying has changed from 20 years ago. Now, you will preview all of the homes you see online before you actually go look at them in person. Because of this, if you like the home online, go see it in person. We’ve seen so many home buyers skip over houses online for one reason or another and regret it later. If you like the look of the house online, and if it’s in your budget, go look at it. If you’re pre-approved, your agent won’t mind at all, and who knows? It could end up being the dream home you’ve been looking for. There is a reason you love the home online. More often than not, you’ll love it in person too. Our clients send us more homes than we send them these days!

9) Use The Knowledge Your REALTOR® Has

You found a REALTOR® for a reason. Use them! They do this every single day. They’ve done tons of transactions, and they know what they’re doing. Don’t be scared to ask them what they think this home is actually worth or if this home is typically for the price range. They go in homes everyday and should have answers to these questions. Now, they aren’t an expert in everything. For example, I have no clue if that foundation crack means the house is falling over or if it just normal settling. That’s the inspector’s job. Not mine. With that being said, I can talk price, taxes, updates, feel of the home, and even quality of materials all day long. Take advantage of your REALTORS® wealth of knowledge, and ask them as many questions as you can. Even if you think they may not know, ask! A good REALTOR® will tell you who to talk to in order to get a correct answer.

10) You Won’t Get Everything You Want

This may be a tough thing to swallow especially for first-time home buyers, but there is absolutely no way for you to get everything you want in a home. Even custom built homes usually have some sort of compromise. Because of this, it is best to pick your ‘top 3’. This ‘top 3’ would be the things you MUST have in order to buy a home. An example maybe you have to be in a certain school zone, you have to have an updated kitchen, and you must have a 2 car garage. Now, some of those may seem ridiculous to you, and that’s okay. Everyone is different, and who knows what your top three would be. The key, however, is to figure them out, and only look at houses that have those things. Be willing to compromise on everything else.

11) Things Will Be Wrong w/ The House You Buy

General home maintenance can be difficult and sometimes forgotten whenever you’re trying to live your everyday life too. Because of this, we try to prepare buyer’s to expect that SOMETHING will be wrong with the house they end up purchasing. The good news is you will have a home inspector that will be able to tell you all of the things wrong with it, so when you move in, you’ll know what needs to be fixed. Another benefit of this is that you can ask the seller to fix things before you move in or lower the price because of the issues. Be careful with this though, the inspection contingency is the main reason homes sales fall through, so if you really want the home, make sure you HAVE to have the issue fixed before you move in. Otherwise, you may regret it later.

Check out these 5 crazy things your home inspector could find!

Bonus) Be Grateful For & Use The Resources You Have

If you’ve followed this article and the recommendations in it, you’ll have a lot of incredible resources to use when purchasing your home. Now, you need to use them, and you need to say thank you. The job of mortgage lenders, real estate agents, home inspectors, and even closing attorneys is usually thankless. If you are grateful for the services you get from these people, they will be much more likely to go above and beyond for you. If you’re not, they’ll be professional, do what needs to be done to get the deal closed, and that’s about it.

In Conclusion

Buying a home can be stressful, but now that you have learned these 11 things to know when buying a home, it will be a lot smoother. Take a deep breath. Millions of people buy homes each year. Your REALTOR®, mortgage lender, home inspector, etc. deal with this stuff every single day. When you feel overwhelmed, use them. They know what they are doing, and they’ve probably already solved problems like the one you’re having before. Now, go out, and find your dream home!

If you are looking for your dream home in East Tennessee, give us a call at (423) 748-0999 or contact us online at We look forward to helping you buy or sell your next home!

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6 Restaurants You Must Try in Dandridge, Tennessee

You’re in Dandridge, and you’re looking for an awesome place to grab a bite to eat, relax, and enjoy this amazing town. Luckily, there are a ton of great, local restaurants to enjoy while you’re staying or living in Dandridge. Here are 6 Restaurants you must try in Dandridge, Tennessee.

6 Restaurants You Must Try In Dandridge, Tennessee

Angelos At The Point - 6 Restaurants You Must Try In Dandridge, Tennessee

1) Angelo’s At The Point

Angelo’s at the point is a Dandridge favorite positioned just across Douglas Lake from Historic Downtown Dandridge. This restaurant has an incredible atmosphere and the ability to eat on the patio overlooking the beautiful Douglas Lake. Featuring amazing steak, seafood, pizza, and other American staples, this Dandridge staple really is a must visit anytime you’re in town.


A Taste of Dandridge - 6 Restaurants You Must Try In Dandridge, Tennessee

2) A Taste of Dandridge

A Taste of Dandridge is yet another local favorite featuring a rustic cabin atmosphere while still having extremely close access to the interstate. Even if you are just passing through Dandridge on I40, you have to stop and try the traditional comfort eats such as prime rib, grilled catfish, and much, much more. A Taste of Dandridge has something everyone will like.


cowboys seafood on the water - 6 Restaurants You Must Try In Dandridge, Tennessee

3) Cowboy’s Seafood on The Water

Cowboy’s Seafood on The Water is an incredible restaurant located right on the water in Dandridge, Tennessee. Here, you will find amazing seafood with both car and boat slip parking allowing you to experience this amazing restaurant whether you come by car or boat. Cowboy’s is a must try if you are coming to Dandridge.


Owen's Restaurant - 6 Restaurants You Must Try In Dandridge, Tennessee

4) Owen’s Restaurant

Owen’s Restaurant is a great local gem in Dandridge. Open for breakfast and lunch, Owen’s serves traditional, American, southern food that will help feed the soul. From biscuits and gravy to fried chicken and hamburgers, Owen’s is the true definition of southern cooking. Stop by for breakfast one morning or try something of off their one of a kind lunch menu. No matter when you stop in, you’ll love Owen’s Restaurant!


Piezano's Italian Restaurant - 6 Restaurants You Must Try in Dandridge, Tennessee

5) Piezano’s Italian Restaurant

Piezano’s Italian Resturant offers top-notch Italian food very close to downtown Dandridge. Whether it’s pizza, subs, strombolis, or classic Italian pasta, Piezano’s has it all. It is the perfect place to get your Italian fix while still enjoying this small town atmosphere.


Captain's Galley Seafood - 6 Restaurants You Must Try in Dandridge, Tennessee

6) Captain’s Galley Seafood

Captain’s Galley Seafood has 9 locations serving the Southeast, and the Dandridge location is located right off interstate 40 for extreme convenience. It provides high-quality seafood 7 days a week. Come try some of the best seafood in Dandridge!

While we do know a lot about the restaurants you must try in Dandridge, Tennessee, our primary expertise is real estate. Thus, if you are looking to buy or sell a home in Dandridge, TN, give Nic and Patrick a call. We’d love to assist you in any of your Dandridge real estate needs! Contact us here, or call us at (423) 748-0999.