Ready for Homeownership?
Introduce your team
Homeownership has some benefits you may not be aware of. Did you know that homeowners and their children tend to be happier and healthier than non owners? A few reasons may be the wealth building affect of homeownership , the sense of stability as well as the control it brings. Research shows that homeowners have a lower instance of crime. Also, because of equity over time many homeowners tend to accrue more wealth and save money.
6 Things you should know on your adventure to homeownership.
Realtor
This service is FREE to buyers so take advantage of bieng represented especially when buying new construction. Always go with your realtor on the first visit.
Lender
There is no cost to get pre approved for a loan. A pre approval is the first step to the process. A lender can even tell you what to do if you would plan ahead.
Down Payment
You should save about 3%-20% of the purchase price for your downpayment unless you are using a VA loan for veterans or a downpayment assistance program.
Closing Costs
In addition to your down payment there are closing costs which are the fees for the process of buying the home. Expect 3% - 6% of the purchase price. There are some loan programs that help with this but not every situation qualifies.
Online Value Estimator
Keep online estimates as a range. We will happily provide you with more currrent accurate estimate.
Realistic Expectations
Before we view homes lets talk about your criteria and expections to avoid surprises and for a smoother process.