We know that first-time home buying can be a bit scary, but it doesn’t have to be once you have all the answers to your questions. In fact, we’ve gathered answers to some frequently asked questions that may be helpful for you.
#1 Do I Know Where I Want To Live?
First and foremost, you should think about where you want to live. Is the town or city you are searching for a home in even where you would like to stay? Perhaps you should think about the purpose of buying the home as well. Is this a home you want to live in forever, or just temporarily? Are you moving somewhere for a job and aren’t sure you want to live in the home for more than a couple of years? The answers to these questions will all play a factor in the type of home you end up looking for.
#2 What Is My Budget?
Look, we know you are ambitious to find your new home, but we want to remind you not to waste too much time on the market before you speak with a mortgage lender to find out how much home you can afford. It’s important to narrow down your search to find a home that fits your budget and also the needs of you and your family. Speak with your local real estate agent and mortgage lender to figure out what you can start looking for. The agents at Charles Burt would be more than happy to assist with this step. Feel free to contact them here.
#3 How’s My Credit?
It’s also important that you check your credit. It’s actually a huge determining factor in whether you will qualify for a mortgage loan and the type of mortgage loan you will receive based on your credit score. Ask your local real estate agent to help you with this. They are here to assist you and help you make sure you have the right documents prepared.
Contact Charles Burt
Buying a home for the first time is an exciting event! Try not to get overwhelmed by the behind-the-scenes documents and loans. The Charles Burt Agency is here to help answer any questions you may have and help guide you to the home that fits your needs. Contact us today to get started! You can do so by visiting our website.