Tips for Triangle Home Buyers - Via Fonville Morisey
Recently, Sharon was asked to contribute some of her tips for Buyers in the Triangle Real Estate Market. These are some of her thoughts, and we thought we should pass them along.
1. If you don't have a good credit score, it's time to clean it up!
While interest rates are historically low, unfortunately, poor credit is sidling a lot of buyers these days. Do check your report, and make whatever repairs to it that you can. Seek the advice of a qualified lender to assist you with a plan of action so that when it comes time to purchase that new home, you'll be ready.
2. Save your money as you will need some cash to buy a home
If all your ducks are in a row, "some cash" could be very minimal. However, if they are not, you could need money for your down payment, closing costs, moving and other expenses.
3. Be a realistic buyer.
As inviting as your Dream Home looks, remember, you are not always going to be able to get your "dream home". Sometimes, you'll need to make compromises, especially when it comes to price. That dream home can quickly turn into a nightmare if you spend more than you can really afford. Know your expected expenses, what you can truly manage, and plan accordingly.
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