With depressed real estate markets across the country and an often confusing process, purchasing a home is a much scarier prospect than it used to be for first-time home buyers. Knowing the steps to take to get you to your goal is essential. Here is a road map to help you prepare to buy your first home.
When it comes to buying a home it seems like you have to put the tail before the dog. In other words you should figure out how much house you can afford and a lender who will loan you money at an attractive rate with good terms before you go house hunting. Some people are lucky enough to have generous parents or grandparents give them the cash they need for a down payment while others find a seller willing to help them with closing costs. Continue reading “Tips for Buying Your First Home”