TO-DO LIST FOR FIRST TIME HOMEBUYERS
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If you’re buying a home for the first time, it can be a little difficult trying to figure out where to start. Here’s a handy to-do list to help you out, and be sure to call me if you have any questions!
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Save: Save for a down payment, closing costs, and insurance, and taxes. It is always safe to have 20% of the amount of the home you are trying to buy. So, if you are looking at a $300,000 home, try to have $60,000 saved. The minimum down payment is 5%
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Improve Credit Score: Make sure to stay current on your bills, make no major purchases, don’t cancel any credit cards. A higher credit score means a lower interest rate!
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Calculate What You Can Afford: Look for a mortgage calculator online, or give me a call and I…
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