A few things for home buyers to ponder ....

Real Estate Agent with 44Realty Corporation CalBRE 01048899



Before starting the house hunt, there are a few things buyers need to consider.

  • Credit score: Lenders are generally looking for buyers to have credit scores of at least 620 nowadays.  Although the Federal Housing Administration will extend loans to borrowers with credit scores as low as 580, most banks are imposing higher scores.
  • Reserves: Even when renting, financial advisers recommend saving four to five months’ worth of expenses in case of job loss or any other unforeseen event.  Homeowners should add an additional two months’ worth to their savings.
  • Settling down: Buyers should think about if they see themselves living in the same place for five to seven years.  Homeownership is not just a financial decision, it’s also a lifestyle choice.
Posted by

 Richard and Janine Kirchnavy, 44 Realty Corp, 909-945-3662

It would be our pleasure to assist you in your next real estate transaction!


Janine Kirchnavy

California Real Estate Broker

CalBRE # 01048899


(909) 945-3662 Direct Line



44Realty Logo, Richard Kirchnavy, Janine Kirchnavy

1425 W Foothill Blvd #237 Upland CA 91786



Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Winston Heverly 11/09/2011 04:44 PM
ActiveRain Community
california real estate
home buyer
loan qualification
credit scores
atlas real estate
janine kirchnavy

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Scott Freedle
Metro Brokers Freedle and Associates - Centennial, CO

Nice tips to those buyers thinking of purchasing a home soon.

Nov 09, 2011 04:15 PM #1
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

It is important to get the information before making a decision.  This should be helpful for buyers.

Nov 09, 2011 05:47 PM #2
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Janine Kirchnavy

The Kirchnavy Team
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