We all dream of the day when we buy our first home. Whether it is a townhouse in the city, a high-rise condominium with a fabulous view, or that famous cottage in suburbia with the white picket fence, homeownership is a goal that many Americans strive towards during their lifetime.
Once you have established that you possess the desire to become a homeowner, the next logical question should be: “Am I ready to be a homeowner?”
Get Your Finances in Order
To answer this question, it is best to first thoroughly analyze your financial situation. Ask yourself the following questions: Do I have a steady job and steady income? Do I plan to stay put for at least the next few years? What is my credit card debt? Do I have enough money for a down payment and for closing costs?
After examining your finances, you may choose to take a few more months to pay down credit card debt or amass a larger down payment. You may also reconsider whether you are likely to move in the foreseeable future or if you are likely to change jobs. Establishing a strong financial position and waiting until your finances are secure will facilitate the home buying process and ensure that you are fully prepared for the responsibility of home ownership.
Hire a Realtor
Once you have determined that you are ready to purchase your first piece of St. Augustine real estate, you’ll want to hire a realtor who will guide you through the pre-qualification loan process and show you St. Augustine homes to purchase.
You may want to search the Internet for St. Augustine homes before meeting with your realtor. An Internet search will allow you to narrow down your neighborhood and home choices, which will then allow your realtor to show you homes which suit your style, taste and budget.
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