Dreaming Of Owning A Home? Here’s 3 Tips To Help!

idaho dream homeAfter renting for years you’ve decided it’s about time to think about buying a home. Maybe it’s just the desire for more equity in your finances, or you’re tired of landlords and the uncertainty of month to month living – whatever the reason, it’s time, but you aren’t sure where to even start.

As exciting as it feels to think about buying a home, it can also be pretty intimidating tool. To help ease you into things we’ve put together a few quick tips to jump start the process of home ownership right away!

Start With Finances
It’s the part everyone dreads, so best to get it out of the way first. Know your credit score and have a recent report ready. If you spot any credit issues you will want to work towards repairing them at least 6 months before buying a home. You can also seek out a lender who can help you get all the paperwork you’ll need in order – a REALTOR® should be able to recommend a few.

Start Looking
It’s never too early to start looking. Use the web or even spend some time driving around the areas you’re interest in to start getting familiar with what’s available. Consider things like location in relation to amenities, schools, and drive time to work while you’re out scouting.

Start Saving
Moving day will be here before you know it! You don’t have to think just about the money for the down payment and closing costs but remember to prepare for additional things like time off needed to relocate, cost for hiring movers, and cleaning costs for your old place as well. It never hurts to start socking away a little money in an extra account specifically for these uses; you’ll be glad you did in the long run.

And of course, of course always start by working with a qualified REALTOR® who knows the market! An experienced real estate agent can do a lot more than just move paperwork around, they will be an invaluable ally on the road ahead, so make sure you choose one who is knowledgeable and who also fits your personality.

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