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Neatherlin Homes — New Mexico > Tips for First-time Homebuyers

Tips for first-time homebuyers

If you are purchasing your first home, the process can seem overwhelming. Where do you start? There are a lot of things to think about. Here are some ideas, as you begin your search:

If you own land and want to build a home on it

  • Preparing financially: For most people, a home is the most significant purchase they make, and becomes the most valuable asset they own. It is important to know in advance what you can afford and what you need to do to obtain financing, especially if you have less-than-perfect credit. Get started on our Web site, then discuss your options with a Neatherlin Homes Sales Counselor.
  • Selecting your home: Neatherlin Homes offers more than 20 floor plans to meet your needs. You can choose a one-story or two-story home, with two, three, or four bedrooms. Our floor plans offer plenty of choices, from the simplest designs to the most contemporary options.
  • Choosing a completion level: Unlike many builders, Neatherlin Homes offers three stages of completion for your new home. You decide whether you prefer a home that is ready to move into, complete with appliances and other options, or if you prefer the cost-saving option of finishing the home yourself. Our “Homebuyer Checklist” explains these options in more detail.

If you want to buy land and build a home

Consider the following items as you search for land to build your home on:

  • Selecting a location: Your personal preferences will determine the best place for you to live. Do you want to be close to conveniences such as activities and shopping, or do you prefer living away from the hustle of a metropolitan area? If you work, how far are you willing to drive? You may want to make the commute during your normal drive time to see how long it takes and what traffic you encounter.
  • Evaluating homes in the area: When you build your home, you want it to be generally comparable to homes close to yours. If your house is valued much higher – or lower – than others in your geographic location, it may affect your property value.
  • Ensuring your home fits: If you have a home size and type in mind, you will want to be sure it can be accommodated on land you choose. Ask your Neatherlin Homes sales counselor for assistance in this area, or to see our models homes online, click here.
Home illustrations may include additions, options or modifications not part of our standard offerings. Specifications subject to change and elimination. Shrubs and landscaping added for effect. Room sizes are approximate. For complete details, see your Neatherlin Homes sales counselor.
*100% in-house financing available for qualified property owners.