WANT TO BUY OR SELL A PROPERTY?
PROPERTY BUYER'S GUIDE
My step-by-step process for purchasing your new home. Easy, simple, and useful.
What is the first thing to do when trying to buy a house?
Here's a step-by-step guide on buying a house:
Understand why you want to buy a house, then do the following:
- Check your credit score.
- Create a housing budget.
- Save for a down payment.
- Shop for a mortgage.
- Chose a Realtor
- See multiple homes.
- Make an offer.
What do I need to know as a first-time home buyer?
10 First-Time Home Buyer Tips
- Pay Off All Debt and Build an Emergency Fund.
- Use the 25% Rule to Know How Much House You Can Afford.
- Save a 10–20% Down Payment.
- Don't Forget to Save for Closing Costs.
- Get Preapproved for a Loan Before House Hunting.
- Chose a Real Estate agent.
- Research Neighborhoods for Best Fit.
- Find a Home for Sale in Your Price Range.
How much money should I save before buying a house?
When saving up for a home, it's key to have a reserve of cash savings — or an emergency fund — that isn't used for the down payment or closing costs. It's a good idea to have at least 3-6 months of living expenses saved up in this cash reserve.
But how do I know when I'm ready to buy a house?
10 Signs You're Ready to Buy a House
- No more debt.
- Higher credit score.
- A steady job.
- A rise in income.
- A solid savings and emergency fund.
- A healthy down payment.
- Future goal alignment.
- Long-term living.
The Location
They say that the three most important things to think about when buying are home are location, location, location. You can live with almost any imperfection in a home if you love the neighborhood and your neighbors. You can change almost everything else.
What are the 5 steps in the home buying process?
5 Steps of Home Buying Process
Step 1 – Getting Pre-Approved Prior to Shopping for a Home. ...
Step 2
– Chose a Realtor
Step 3 – Purchase Offer Submitted. ...
Step 4 – Conditions and Paperwork. ...
Step 5
– Closing.
*BONUS:
Five strategies to buy a house with no money:
- Apply for a zero-down VA loan or USDA loan.
- Use down payment assistance to cover the down payment.
- Ask for a down payment gift from a family member.
- Get the lender to pay your closing costs (“lender credits”)
- Get the seller to pay your closing costs (“seller concessions”)
All the services you need,all in one place.
I can offer a wide range of real estate services to meet every type of need.
Whether it be for the first-time home buyer. The second- or third-time buyer, the property seller, land purchaser, or real estate investor. Give me a call today to discuss your situation.