Myth – The First Step Is Looking For a House
You are excited and would like to envision yourself in your first home – cozy fire burning and white picket fence! With the availability of sites with homes for sale, you can jump into this day dream with a few clicks. OK.
Have some fun. But, before you get serious about hiring a real estate agent or driving by homes that you scanned online, take a deep breath and a few steps back.
Before you get any emotional attachment to a home, you should first start by speaking to a lender. A qualified lender will be able to gather a small amount of information from you (assets, income, debt, employment history) and determine your credit rating so you will know what you can afford and, more importantly, when you are ready to move forward. You may have credit issues that you need to clear up, excessive student debt that needs to be reduced or paid off, or the need to accumulate additional savings before you are qualified to actually buy a home.
Fortunately, there are resources that can help you to work through any issues to help you towards your goal. Your lender or real estate agent (with the help of information on this site) can help you through these important first steps before getting out to look at homes.
Use the form below now to take the ‘real’ first step towards home ownership.
Additional Home Buyer Resources