Oct 022014

first time home buyer

Buying a home for the first time can be a challenging experience. Here are some tips for new buyers.

  • Check credit scores as soon as possible. Fixing credit report errors or boosting a score that is too low often takes months to accomplish.
  • Hold onto some cash. Saving for a down payment is important, but so is an emergency fund large enough to cover three to six months’ worth of expenses.
  • Chat with neighbors about the community. Ask about schools, noise, amenities, and any future plans for the neighborhood.
  • Remember to save for additional costs that may be a part of the homebuying process: appraisal fees, escrow fees, notary fees, and other related expenses.

Understanding the ins & outs of buying a home is key. Count on us to help.

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