Phil Price

Why You Need Good Professionals, Your Finances In Order, And To Know What You Want Before Buying Your First Home, with Phil Price – The First Time Home Buyer Podcast – Episode 8

Title

Phil Price is the owner of Phillip Price Construction, a custom home builder and general contractor. He has over 30 years of experience in the South Bay Area, where they focus on understanding you and your vision to create the home of your dreams.

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To Tips for Buying a Home

What is your biggest piece of advice you can give to someone trying to buy their first home now

  • Have good professionals, get your finances in order, and know what you want before buying your first home. Also have flexibility because usually when you buy your first home you have to give up in something.

What have you seen are the top mistakes homebuyers make? How can they avoid them?

  • They usually have a bad team and because of the heat of the moment (when there are multiple offers) they overbid or don’t do all the due diligences they should do (like having an inspection done).

What could help first time home buyers save time?

  • Know what you want, and your finances in order. Compromise and make sure your agent listens to your wants.

What could help first time home buyers save money?

  • I don’t think there are many ways to cut corners, because when you end up hiring discounted professionals (like realtors) they don’t provider a personal service to you.

How can first time home buyers choose the best professionals to work with?

  • Start with your realtor and interview several of them before you choose one. Usually the nicest one is not the best. Your realtor should be interviewing you too, so you don’t waste his or her time. Interview also your lenders and contractors.
  • To find your team ask for referrals to the other people you work with and search online, like in Google, Yelp, etc.

The Ask

Is there anything we can do for you?

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Awesome Resources!

1) Join our 10-Day Home Buying Course, delivered every morning in your inbox for Free.

2) Go through the most comprehensive How To Buy A House Checklist to make sure you buy your home with confidence without ever missing a step!

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