Knowing what to budget for when buying a home may feel intimidating — but it doesn’t have to be. By understanding the costs you may encounter upfront, you can take control of the process. Here are just a few things experts say you should be thinking about as you plan ahead. 1. Down Payment Saving for…
Tag: Closing costs
What To Know About Closing Costs
Now that you’ve decided to buy a home and are ready to make it happen, it’s a good idea to plan ahead for the costs that are a typical part of the homebuying process. And while your down payment is probably the number one expense on your mind, don’t forget about closing costs. Here’s what you need to know….
Hidden Costs That Surprise First Time Homebuyers
You think you’re ready to purchase your first home. You’ve taken careful consideration of mortgage rates, your monthly income, and have definitive budget in place. You’re ready to begin your home search and jump at the chance of making an initial offer once you find your dream home. But as professional realtors and seasoned home…
A Guide to Buying Your First Home
1. Meet with a sales associate. Why Should I Use a Real Estate Agent? 2. Get pre-approved for a mortgage. Why Should I Get Pre-Approved for a Mortgage? How Much Home Can I Afford? Mortgage Approval and Student Loans 3. Search for your first home. My HomeFinder Listing Status 4. Find your home…
7 Common Closing Costs to Consider When Purchasing a Home
Purchasing a home is an expensive proposition, but for many buyers, the realization that a host of closing costs need to be paid before the sale can go through is often a concern when it comes to ensuring there is enough money set aside to go through with the transaction. In simple terms, closing costs…
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