First Time Buyer? Here Are 5 Tips To Help You Get Ready To Purchase Your First Home!

  1. Get Your Credit in Shape
  • If you are planning on financing your home purchase, check your credit history. That way you can correct any errors and boost your credit score!
  1. Get Pre-Approved for A Mortgage
  • Early in your home search, you should meet with a mortgage lender who will take a look at your credit history, your savings, and investment statements and your current financial situation, and give you a better picture of what you can afford and the financing options available.
  1. Establish Your Budget
  • Whether you’re financing your purchase or paying cash, it helps to establish a budget. This will help you focus your search on great homes within your price range.
  1. Make A List
  • Make a list of your ideal home’s must haves and deal breakers. This will help you narrow your search so that you can find a home that fits your current and future needs.
  1. Think About Resale
  • The average homeowner lives in their home for nine years. While you may purchase your home as a long-term investment, keep in mind that you may need to sell it one day. Consider homes resale value, when considering properties.
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