What are the first steps to buy my first home?
This is a question I get asked a lot. The thought of home ownership seems so far away and downpayments unobtainable. The good news is most concerns can be easily relieved.
The first steps to buy your first home are to find a good Realtor and lender. A good lender is essential to helping plot your purchase path. Is your credit ready to buy now? If not they will have suggestions of what exactly you need to do, maybe open a credit card or pay something off. They will also be able to look at your unique situation and decide how much of a downpayment you need. There are 0 down loans, and very common FHA loans that only require 3.5% of the purchase price for the downpayment.
They will also tell you based on your income and desired monthly payment what price of a home you qualify for. Once you have that number a good Realtor is able to help you find and negotiate the home of your dreams.
A good Realtor will not only make the process smooth sailing but also know how to protect you every step of the way.
So, if you are asking your self what are the first steps to buy your first home, the good news is you have not already taken the first step, but also the hardest step and your goal is obtainable.
Looking for more first time home buyer tips or wanting to buy your first home. Than call Dawn 480-540-8100 or register for a FREE first time home buyer class www.waclasses.com