Steps to take in preparing to buy a home

Photo Credit Alex Pinck

Tips for preparing to buy a home this spring

Congratulations on your decision to purchase a home! The home buying process can be overwhelming but with the right preparation, it can be a smooth and rewarding experience. Here is a list of tasks to get your started. 

Check all the credit agency credit reports and correct any errors, remove any bad debt that is over 7 years old (it should automatically fall off but if it does not, have it removed). You are entitled to receive a free copy of your credit report once very year.  Trans Union,  Equifax   Experian 

Find a knowledgeable and experienced real estate agent who will guide you through the home buying process. Schedule a one-on-one call with me to discuss how I can help  and guide you through the process of preparing, finding and buying your next home. Contact Alex Pinck

Determine your budget: Before you start house hunting, take a look at your financial situation to determine how much you can afford to spend on a home 

• Start saving now for the down payment, closing costs, and other fees associated with buying a home
• Do not make any big purchases and reduce your credit card debt 
• Start saving now for the down payment, closing costs, and other fees associated with buying a home 

Talk with mortgage broker to see how much you can afford  Bobby Stafford- Grate,  Mathew McCarthy- Leader Bank, Cambridge Savings Bank 

• Get pre-approved- pre approval is good for 90 days 

Make a list of your must-haves and nice-to-haves for your new home 

Research neighborhoods that meet your needs, budget and lifestyle 

NOW is the fun part…Lets go see some homes!