If you're considering buying your first home, you're not alone. Low interest rates, affordable home values as well as a $8000 tax credit* have many Americans considering purchasing their first home.  It's important to be prepared to act when the right home finds you. 

10 Steps to Prepare for Home ownership:

1. Decide how much home you can afford. Generally, you can afford a home equal in value to between two and three times your gross income.

2. Develop a wish list of what you'd like your home to have. Then prioritize the features on your list.

3. Select three or four neighborhoods you'd like to live in. Consider items such as schools, recreational facilities, area expansion plans, and safety.

4. Determine if you have enough saved to cover your downpayment and closing costs. Closing costs, including taxes, attorney's fee, and transfer fees average between 2 percent and 7 percent of the home price.

5. Get your credit in order. Obtain a copy of your credit report.

6. Determine how large a mortgage you can qualify for. Also explore different loans options and decide what's best for you.

7. Organize all the documentation a lender will need to pre-approve you for a loan.

8. Do research to determine if you qualify for any special mortgage or down-payment-assistance programs.

9. Calculate the costs of home ownership, including property taxes, insurance, maintenance, and association fees, if applicable.

10. Find an experienced Tony Clark REALTOR^® who can help you through the process.

Ready to Buy a Home?   Let Angela Clark's experience be your guide! 

Call Angela Clark  at 270-929-4022  & discuss your home  options.  www.AngelaRClark.com  

  Angela Clark, GRI, ABR, Realtor 

  270-929-4022   Cell

   270-926-0055  Office

  Tony Clark Realtors, LLC, 2934 Frederica Street, Owensboro Kentucky

  Tony Clark Realtors LLC,  107 Main Street, Hawesville, Kentucky