Congratulations! You have decided to buy a home, but you have no idea where to begin. You know that credit is important, having money to put down is important, but you are uncertain if your particular financial picture will allow you to buy. You are not alone! Time to make a plan. First, have you talked to a lender? A lender can look at your situation, your credit, your debt, your income and let you know what you can qualify for. Even better, can help you determine closing costs, percentage down, the benefits of the various loans. Together, you may decide that you need to save longer and/or need to pay down specific debt. Once you know the financial side, start to consider what it is you want in a home. Do you need a certain location to be close to work, family and friends? How much work are you willing or able to do to a home? We have many clients who sat down with us and are at varying stages of that plan. We look forward to helping you soon.
