Tag Archives: first time home owner

Tips for First Time Homeowners

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Buying, owning and living in a new house can be tricky, especially if you’re a first time homeowner. Here are a few tips that might save you from saying, “If only I knew.”


If you see your house as an investment, your best bet for a significant return on your money is finding a location in an up-and-coming area. In San Antonio right now that might be a neighborhood such as Government Hill, which is experiencing a dramatic revival.


When building in a location with an HOA, make sure to ask to take a look at the contract before making a decision. Perhaps you want to have chickens for fresh eggs but find out the neighborhood is home to a feral cat community. It’s better to know what you’re getting into in advance.


Make a detailed budget, not just one that includes the cost of the house, whether you’re having one custom built or buying a historic home, but a budget that includes things like utilities, commuting costs and eventual add-ons or re-modeling.


Look into grants that might supplement your mortgage. Regardless of your income, you’d be surprised to learn how many grants are available, based on location as well as profession. There are grants for farmers, teachers and many others.


Especially when you’re having a house built from the ground up, there are things you’re likely going to want to skimp on, such as appliances. While this can save you money up front, consider the long-term repercussions. High-end, energy-saving appliances cost more money but save in the long run.

If you have questions on these or any other home-related topics, please give us a call at 210-494-5400. To be added to our private email list to receive the newsletter, please sign up here.