Ten Steps to Buying a home this year. Step one. Cash saved to buy a home

By
Real Estate Agent with RE/MAX Centre Realtors
https://activerain.com/droplet/5bSG

Ten Steps to buying a home in 2018.

STEP 1.

How much cash do you have for down payment and closing costs.

Check you savings accounts and determine how much money you have saved that you can use for your home purchase.

Do not use all your savings.

You need to save some money for emergencies.

When you buy a home you need money for down payment and closing costs.

Veterans can buy a home with nothing down.

There are USDA loans that also do not require down payment.

Before you meet with a lender you should know how much money you will use towards the purchase.

 

 

 

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When you read about events please check the year for the event as some people find information a year later and think it is for that year. . The posts remain online even after the event.

Gita Bantwal is a Realtor with RE/MAX Centre Realtors in Bucks County, a Northern suburb of Philadelphia. You can view 1000s of listings on her web site www.GitaBantwal.com

 

She can be reached at 215-343-8200x124 or direct 215-275-8491 or via email gita01@aol.com

If you would like a FREE MARKET EVALUATION OF YOUR HOME IN PHILADELPHIA, BUCKS or MONTGOMERY COUNTY call me at 2152758491

 Gita specializes in Active adult communities and is a Seniors Real Estate Specialist. She holds the ABR designation (Accredited Buyers Representative) and specializes in selling to first time buyers as well as move up buyers.Gita also hold the CRS designation , Certified Residential Specialist and the CDPE designation as well. Information about real estate market is deemed to be correct but is subject to errors and omissions and should be verified independently.. Opinion expressed by me or others  in my post and comments is not to be construed to be  legal advice.I am licensed in Pa. Check real estate laws in your state as they may be different than in Pa.

IF YOU WOULD LIKE TO SUBSCRIBE TO MY BLOG         CLICK HERE   OR EMAIL ME AT Gita01@aol.com

 

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Rainmaker
4,479,366
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Prospective home buyers would be well served to read this post and follow your advice.

Apr 20, 2018 04:48 AM #7
Rainmaker
1,383,847
Amanda S. Davidson
Amanda Davidson Real Estate Group - Alexandria, VA
Alexandria Virginia Homes For Sale

Gita, anyone considering buying a home would be wise to read your post. The financial piece of buying sure is an important one!

Apr 20, 2018 05:35 AM #8
Rainmaker
4,185,182
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Sham, thank you for reading.

Apr 20, 2018 05:47 AM #9
Rainmaker
4,185,182
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Wayne, thank you.

Apr 20, 2018 05:47 AM #10
Rainmaker
4,185,182
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Gabe, I hope they will read this.

Apr 20, 2018 05:47 AM #11
Rainmaker
4,185,182
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Amanda, thank you.

Apr 20, 2018 05:47 AM #12
Rainmaker
4,807,765
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

This is good information to share with prospective home buyers.

Apr 20, 2018 06:07 AM #13
Rainmaker
4,185,182
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Roy, thank you for reading.

Apr 20, 2018 06:12 AM #14
Rainmaker
2,117,263
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

That is a very important first step and certainly opens up more options for them. One can buy a house without shelling out any money, but it makes it more difficult, as they have to ask others to help them.

Apr 20, 2018 06:40 AM #15
Rainmaker
3,699,699
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Gita, great post for buyers, as they do need to know they have enough saved to move forward.

Apr 20, 2018 07:28 AM #16
Rainmaker
4,185,182
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Brian, thank you for reading

Apr 20, 2018 02:57 PM #17
Rainmaker
4,185,182
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Joan, thank you .

Apr 20, 2018 02:57 PM #18
Rainmaker
2,385,988
Rebecca Gaujot, Realtor®
Vision Quest Realty, Martha Hilton, Broker - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Gita, definitely one of the first steps home buyers should know/do.

Apr 20, 2018 08:10 PM #19
Rainmaker
2,861,835
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Gita, I remember when my parents bought their home the Realtor wanted to make sure that they had six months worth of reserves.... when I bought my first home I had to borrow the down payment from my father.... great post and great advice, Endre

Apr 20, 2018 11:00 PM #20
Rainmaker
4,185,182
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Rebecca, thank you for the comment.

Apr 21, 2018 03:22 AM #21
Rainmaker
4,185,182
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Endre, thank you for the comment.

Apr 21, 2018 03:22 AM #22
Rainmaker
922,356
Gloria Todor
Century 21 Absolute Realty - Media, PA
& Doug Durren (484) 431-3686 in SE PA

A good series you started here Gita.  This is the starting point.

May you help many a buyer get to their dream of buying a home!

Apr 25, 2018 08:44 AM #23
Rainmaker
4,185,182
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Gloria, thank you for reading

Apr 25, 2018 01:46 PM #24
Rainmaker
852,373
Thomas J. Nelson, Realtor, ePRO, CRS, RCS-D
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

Interesting Facts, Your blog post should attract more readers to Phili. Keep writing and Good Luck!

Apr 26, 2018 06:15 PM #25
Rainmaker
4,185,182
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thomas, thank you 

Apr 27, 2018 03:54 AM #26
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Rainmaker
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Gita Bantwal

REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel
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