If you’re buying a home for the first time, it can be a little difficult trying to figure out where to start. Here’s a handy to-do list to help you out, and be sure to call me if you have any questions!
Save: Save for a down payment, closing costs, and insurance, and taxes. It is always safe to have 20% of the amount of the home you are trying to buy. So, if you are looking at a $300,000 home, try to have $60,000 saved. The minimum down payment is 5%
Improve Credit Score: Make sure to stay current on your bills, make no major purchases, don’t cancel any credit cards. A higher credit score means a lower interest rate!
Calculate What You Can Afford: Look for a mortgage calculator online, or give me a call and I