Buying A Home

 

Tips to being better prepared to buy a home.

 

Before you start looking at homes:

- Check your credit.  A higher score makes it easier to qualify for the lowest interest rates on a loan.  To get a free annual credit report go to:  http://annualcreditreport.com

- Start saving money.  You'll need some hefty reserves to buy a house:  earnest money, down payment, moving expense, etc.

- Find a lender and get acquainted.  Your lender will explain  loan options.

- Investigate first-time home buyer and down payment assistance programs.

- Once your lender has pre-qualified you, you'll know approximately how much you can afford.  Start looking at neighborhoods within your budget that you might consider living and make notes.

 

When you're ready to buy:

- If you're buying with cash you'll need a statement from your financial institution verifying your funds.

- If you are using a loan, get a pre-approval letter from your lender.  We will need this to submit an offer on a home.  Here are some contacts for Lenders to get you started

- Gather your notes of neighborhoods you'd like to explore availability. 

- Contact me first, I'd love to find your perfect home!