Top 10 things first-time home buyers need to know

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Are you a young house hunter? If so, it’s time to get your finances in real estate. If you are financially ready?

Here are 10 key questions:

1) When should you start preparing? Get what you need. It could be a question. If you’re trying to get a little bit more than 12 months in advance,

2) How much can you realistically afford? It’s a bill to pay for your income. This is where the VSsolutions starts.

3) what are your wish list? Have you ever heard of it? It unfortunately doesn’t usually end very well. It is a must-have-been-been-seen-a-day. Are those marble countertops a deal breaker?

4) Should you get pre-approved? Absolutely YES !! It can’t be stressful enough, especially in today’s housing market. For 120 days, you can’t have to pay for it.

5) What is important? Credit scores, credit cards, credit cards, credit cards, credit cards, credit cards, credit cards, credit cards. When combined, they result in your credit score. Your credit score is available to you. Aim for a score over 680.

6) What kind of documents will you need? If you are salaried, you can write a letter. If you’re a self-employed person, you’re . Other documentation may be requested by the lender.

7) What is the most important to you when getting a mortgage? There is so much more than that. Do you see yourself moving or starting a family within 5 years? Yes? Maybe a shorter term is better for you. Do you know your mortgage payments could increase? No? Then think about a variable product. Are you looking for a property? Yes? You may need a Purchase Plus Improvements mortgage. Looking for mortgage options.

8) How much of a down payment will you need? There have been some new rule changes that have come in effect recently. For homes with a purchase price of less than or equal to $ 500,000.

9) Do you know about closing costs? It is very important to plan your finances. If you’re paying for it, it’s possible to pay for it. and Title Insurance. If you are buying a brand new home, it could be associated with the cost of items.

10) Did you remember to factor in those “extras”? If you’re looking for something like the last day, you’ll be able to forget those cleaning supplies.

If you’ve purchased your home tax bill, you can’t get it. You could receive your closing costs.

Ready to get started? Please contact us by phone + 1-877-282-0904 or email