In order to accomplish your goals, you need to prepare a monthly budget for the entire year. Your main focus is that YOU want to be in control of your budget. Do not let your debt and bills control you!
It’s critical to have a good credit score because without it, your mortgage lender would not approve your loan. Check your credit score and upgrade it so you can qualify for a more favorable loan, with the lowest interest rate and the best terms available.
You might be surprised to learn that half of your mortgage payment may be going towards interest payments instead of paying down the principal loan balance. That’s why it’s so important to start with the lowest interest rate possible, and pay down the principal as much as you can, as soon as possible.
Of course, we want to eliminate as much debt as possible, and we will discuss how to pay off your credit cards and loans. Debt consolidation is a great start to paying off your bill and becoming debt-free By getting rid of debt, you will feel relieved because you won’t have as many bills to pay. You will also be able to qualify for a larger loan, and, therefore, you can buy a better home.
We will discuss how to save money for your home. Even if you’re going to get a zero-down loan with 100% financing, you will need some funds saved up. You may need to pay closing costs, a home inspection, or upgrades to the home. Learn to be a good steward over your financial resources and you will feel better about yourself because you will be in control of your future!
It is important to get educated about home ownership. Read more in our book, "Buy Your First Home", http://tinyurl.com/cs4724e.
What is great about America? It is the American Dream, of course. It is the idea that we are in control of our own destiny, free from harsh government sanctions as in some other lands. It is the rights and the freedoms that so many other countries do not have. Sometimes we take our basic values for granted, including home ownership, which is a luxury not afforded to residents in some other countries.
Millions of people from all over the world flock to the United States because of the American Dream, and the basic tenet of that aspiration is home ownership. I strongly believe that every family should own their own home, and they can accomplish this dream if they have a guide to follow.
You may have some doubts about whether you can buy a home, or you may be uncertain about how the process works. You may be thinking, "The process is overwhelming. I don't even know where to begin. It's too complicated. Who's going to help me?"
I agree that home buying takes some time, energy, and effort. But the freedom of home ownership is so rewarding, your family will be thrilled and I promise it will be worth your effort. You can do it! All you need is a guide that you can follow, and a quality real estate professional to assist you.
That's why our book is outlined as a guide that you can easily understand. Just start with Step 1 and follow the 9 steps in this book. We will guide you each step of the way. We'll also show you how to hire a dedicated REALTOR® you can trust, so you will receive professional guidance and direction.
Let's get you the best home that your budget can afford. I know that you will follow these steps. So I dedicate this book to you! You have the courage to take action and make your dream of homeownership come true.
Comments (2)Subscribe to CommentsComment