Buyers, Your First Home

Tips for First-Time Homebuyers: How to Start Your Home Search

A frequently asked question from first-time homebuyers is:  How can I start my home search even if I won’t be financially ready until next year? There are two ways to get started: start online research and visit open houses. To begin online research, pick a home search site (Zillow, Realtor.com, etc.) and open an account.  Start going through the map…

Continue Reading

are you preapproved for a home loan
Buyers, Your First Home

Are You Pre-Approved For A Mortgage?

Starting the loan application is the first step to finding your first home. Credit unions, mortgage brokers, and banks are the main institutions you can contact for a mortgage. To decide if you qualify, mortgage companies need documents proving your ability to repay the loan. Preparing a folder beforehand will speed up the process, making it easier to price shop…

Continue Reading

5 Ways to save for a downpayment
Buyers, Your First Home

5 Ways to Save For a Downpayment

*Note: I am not a certified financial advisor or planner. I am sharing my personal experience. Please consult a financial expert to determine the best path for you. 1. Create a Home  Down Payment Fund. 2. Be Realistic. 3. Rent a Cheaper Place.  4. Analyze Your Expenses. 5. Learn to Live on One Income. 50 Million households spend 50% of their income…

Continue Reading