2) What Would You Recommend As The Best First Step
In Home Buying?
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Before you start looking at homes for sale, be sure you do some "homework." Here are some of the questions for which you'll need answers: Check out interest ratesWhat are current local mortgage interest rates for 15-year and 30-year fixed rate mortgages, and for 1-, 3- and 5-year adjustable rate mortgages? Shop for the best loanWhich type of loan is best for you? Will you be in the house several years and benefit most from a long-term fixed rate, or do you want a lower, short-term rate because you plan to move soon or expect your income to increase rapidly over the next few years? Determine how much house you can affordHow much of a mortgage can you qualify for? The loan amount plus your down payment tells you how much house you can afford. Investigate neighborhood pricesWhat neighborhoods feature homes in your price range? Separate needs from wantsWhat are your priorities for your next home? How important are public transportation, community facilities, on-street parking, lot size, privacy? How many bedrooms and baths will you need? Will you need a space for a home office? How important are quality neighborhood schools? Chances are you can answer a couple of these questions on your own, but you may need some assistance with the others. If you do, please call or e-mail us. We can make sure you have the preliminary house-hunting information you need. |
Should Know To Get Started?
2) What Would You Recommend As The
Best First Step In Home Buying?
3) What Is The Single Most Important Rule
In House Hunting?
4) What Are The Essential Steps Every First-Time
Buyer Should Know?
5) Are There Any Inside Tips On Down Payments
For First-Time Buyers?
