Additionally, owning a home is a way to build long-term wealth. Renting is a one way road for your money. It goes out, but never comes back. When you own, though, you are paying towards an asset. You build equity over time and are also in line for some great tax credits, deductions, and rebates.
In order to get into the game, however, you must have all your financial ducks in a row. Homeownership is a large financial responsibility that isn't about risk taking. It's about saving money and changing your lifestyle in a way that will be positive before and after you purchase your home. Spending habits may need to change! If nothing else, you need to keep cloth tabs on purchases.
There are some incredible deals to be had on the market today. Interest rates are still near historic lows and should linger there for some time in the future. Home prices have adjusted back down to pre-boom pricing in many areas. So, in order to get your finances in order and join the ranks of homeowners, consider following this to do list.
All of these factors come together to make a credit score. This number ranges from 300 to 850 and the higher the score the more likely you'll be approved for a loan and at a lower rate.
You should be sure to check out your credit report for errors and also as an honest look at what your spending really looks like. Changing spending habits now can translate to a higher score down the road.
Getting finances in order for a home purchase means taking an honest look at your spending and then revising your habits in order to save more and spend less. If you owe money or have blotches on your credit report, now is the time to make corrections. You can do it! Buying a home is a wonderful experience and sure to go well if your finances are healthy and ready for the purchase.
Addison $150-250K Addison $250-500K Addison $500K+
Allen $150K-250K Allen $250K-500K Allen $500K-1000K Allen $1000K+
Anna $150-250K Anna $250-500K Anna $500K+
Aubrey $150-250K Aubrey $250-500K Aubrey $500K+
Carrollton $150-250K Carrollton $250-500K Carrollton $500K+
Celina $150-250K Celina $250-500K Celina $500K+
Cross Roads $150-250K Cross Roads $250-500K Cross Roads $500K+
Dallas $150-250K Dallas $250-500K Dallas $500K-$1000K Dallas $1000K+
Fairview $150-250K Fairview $250-500K Fairview $500K-$1000K Fairview $1000K+
Frisco $150-250K Frisco $250-500K Frisco $500K-$1000K Frisco $1000K+
Highland Park $250-500K Highland Park $500K-$1000K Highland Park $1000K+
Lakewood Village $150-250K Lakewood Village $250-500K Lakewood Village $500K+
Lavon $150-250K Lavon $250-500K Lavon $500K+
Lewisville $150-250K Lewisville $250-500K Lewisville $500K-$1000K Lewisville $1000K+
Lucas $150-250K Lucas $250-500K Lucas $500-1000K Lucas $1000K+
Little Elm $150-250K Little Elm $250-500K Little Elm $500K+
McKinney $150-250K McKinney $250-500K McKinney $500K-$1000K McKinney $1000K+
Melissa $150-250K Melissa $250-500K Melissa $500K+
Oak Point $150-250K Oak Point $250-500K Oak Point $500K+
Parker $250-500K Parker $500K-$1000K Parker $1000K+
Plano $150-250K Plano $250-500K Plano $500K-$1000K Plano $1000K+
Princeton $150-250K Princeton $250K+
Prosper $150-250K Prosper $250-500K Prosper $500K-$1000K Prosper $1000K+
Richardson $150-250K Richardson $250-500K Richardson $500K-1000K Richardson $1000K+
Rockwall $150-250K Rockwall $250-500K Rockwall $500K+
Rowlett $150-250K Rowlett $250-500K Rowlett $500K+
Royse City $150-250K Royse City $250K+
Sachse $150-250K Sachse $250-500K Sachse $500K+
Savannah $150-250K Savannah $250K+
University Park $250-500K University Park $500K-$1000K University Park $1000K+
Wylie $150-250K Wylie $250-500K Wylie $500K+
<p style="text-align: center;"><font size="1" color="#FFCCFF">75080 75081 75082 75040 75042 75044 75098 75048 75088 75089 75189 75166 75087 75032 75132 75023 75024 75025 75074 75075 75093 75094 75002 75013 75070 75071 75407 75409 75454 75078 75069 75070 75071 75033 75034 75035 75068 76227 75009 75010 75252 75287 4692319308</font></p><p style="text-align: center;"><font size="1" color="#FFCCFF">Richardson Garland Wylie Sachse Rowlett Lavon Royse City Rockwall Fate Plano Murphy Allen Lucas Lovejoy Parker Fairview McKinney Princeton Melissa Anna Prosper Celina Frisco Little Elm Aubrey Crossroads Providence Village Savannah Carrollton Dallas Highland Park University Park Cul De Sac North ISD School Middle High Elementary Golf Lot Sale Zero Down First Time Buyer VA FHA USDA Foreclosure Distress REO Short Sale Relo Collin County Rockwall County Dallas County Denton County</font></p><p></p></p></center>
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