Are You Ready to Buy a Home

on 10/08/2017 - 08:43 am

Are You Ready to Buy a Home?

1. How are your Finances? - Try to be as Debt-Free as possible. Tackling the credit card debt is your first priority.

2. Know your Options - Before you buy a home, you need to be pre-approved. Do go to the bank or mortgage broker.

3. Be Honest - Golden Rule: Mortgage + Taxes + Insurance = 25-30% of your income

4. Find a Good Realtor - Do your research but he/she needs to be on your same page.

5. Be Patient - Once you place a bid and offer is accepted, you will go into escrow. It may take time, but it's meant to protect both buyers and sellers.

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