Buying A Home
Part 4 of our “First Time Home Buyers” Series With so much to think about, it’s unsurprising that some first-time home buyers make mistakes they later regret. Here are a few of the most common pitfalls, along with tips to help you avoid a similar fate. Not budgeting for closing costs In addition to saving…
Part 3 of our “First Time Home Buyers” Series Hire the right buyer’s agent You’ll be working closely with your real estate agent, so it’s essential that you find someone you get along with well. The right buyer’s agent should be highly skilled, motivated and knowledgeable about the area. Pick the right type of house…
Part 2 of our “First Time Home Buyers” Series Determine how much home you can afford Before you start looking for your dream home, you need to know what’s actually within your price range. Use this home affordability calculator to determine how much you can safely afford to spend. Check your credit and pause any…
Part 1 of our “First Time Home Buyers” Series Start saving for a down payment early It’s common to put 20% down, but many lenders now permit much less, and first-time home buyer programs allow as little as 3% down. But putting down less than 20% may mean higher costs and paying for private mortgage…