Quiz: What Type Of First-Time Homebuyer Are You?

Quiz Questions

• 1.
  1. How many "dealbreaker" items do you have on your housing wish list?

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  • A.
    More than 5.
  • B.
    0
  • C.
    Less than 5.
• 2.
  Are you open to renovating a home?

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  • A.
    Somewhat, I'm not interested in a major reno investment.
  • B.
    No, I'm looking for the right home that requires very little maintenance and upkeep.
  • C.
    Sure, why not?
• 3.
  Do you know how much house you can afford to buy?

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  • A.
    No, I'm just looking for what I think I can afford.
  • B.
    Yes, I've already been pre-qualified and have a price estimate from a lender.
  • C.
    Yes, and I'm looking for a home at the top of my budget.
• 4.
  How long have you been house-hunting with a Realtor?

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  • A.
    6 months or more.
  • B.
    1 month or less.
  • C.
    I don't have a Realtor yet.
• 5.
  Are you willing to look at different neighborhoods near your desired area?

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  • A.
    I haven't researched neighborhoods that I'm interested in yet.
  • B.
    No, I have an ideal area I'm not willing to budge on.
  • C.
    Yes, as long as it's still reasonably close to my job, family and friends, and kids' school.
• 6.
  Would you be willing to sacrifice square footage to find a house in your price range?

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  • A.
    Yes.
  • B.
    Maybe.
  • C.
    No.
• 7.
  What do you do if you don't like a house during a showing?

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  • A.
    Complain about how gross it is and leave.
  • B.
    Take notes of the pros and cons.
  • C.
    Finish the showing and maybe think about it later.
• 8.
  What's your biggest turnoff during a showing?

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  • A.
    Too expensive.
  • B.
    Bad decorating.
  • C.
    Undesirable location or layout.
• 9.
  How many people do you bring with you to a showing?

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  • A.
    I normally go to showings by myself and tell my spouse or family what they need to know.
  • B.
    I go with my spouse or another family member or trusted friend.
  • C.
    3 or more. Myself, a spouse or family member, a friend, and a contractor or designer.
• 10.
  How many times do you need to see a house before you're ready to make an offer?

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  • A.
    I'll need to go back and see the house one more time to make sure it's my top choice.
  • B.
    I can usually remember what I liked about the house from my first impression.
  • C.
    5 or more - to measure for furniture, take pictures, and ask for friends' opinions.
• 11.
  Are you willing to stretch your budget to find a house that meets your criteria?

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  • A.
    No.
  • B.
    Yes.
  • C.
    Maybe.
• 12.
  How quickly do you expect it will take to find a home and get under contract?

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  • A.
    1 year.
  • B.
    3 months.
  • C.
    2 weeks.

Quiz Outcomes

• 1.
  Too Picky

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  There's no shame in knowing what you want in a home and asking for it. In fact, it's encouraged. But a homebuyer who won't budge on their "must-have" list may find it harder to purchase a house in their price range. Priorities are important, but flexibility is the icing on the cake!Click below to see the 5 biggest mistakes to avoid when buying a home!
• 2.
  Not Ready

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  Being laid-back can get you far in life - it may even help you make you more friends than enemies. But if you aren't ready and haven't done your homework, you may be led into a housing contract that you won't be satisfied with. Click below to see the 5 biggest mistakes to avoid when buying a home!
• 3.
  Just Right

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  There's too hot, and there's too cold, and then there are homebuyers like you. For the most part, you make realistic choices when it comes to finding a great house, including how much you can afford, what areas you're willing to live in, and what features you can compromise on.Click below to see the 5 biggest mistakes to avoid when buying a home!