Prepare to Buy a Home- What You can do Now
Pay down existing Debt:
To tackle credit card debt head on,
it helps to first develop a plan and stick to it. Focus on paying off
high-interest-rate cards first or cards with the smallest balances. When
you pay more than the monthly minimum, you’ll pay less in interest overall.
Maximize your Savings :
Look
for ways to save money. Start by checking your Credit card statements Every
Month. Are you spending more than you should on certain things? Did you forget to cancel a reoccurring Fee?
List your Priorities :
It’s
nice to find the Home of your Dreams but its OK to buy a Starter Home. I often
tell my home buyers “ Buy the home you need, Make it the home you Want.” That being
said, Buy a home in the neighborhood you like, you cannot change a home’s Location. You can add a Garage, a fence, or an additional bath later.
Improve your Credit:
Check
your credit. You can check your credit Free Here - Online by visiting
AnnualCreditReport.com · By calling 1-877-322-8228
If you pay down your higher interest cards you will automatically
Improve your Credit. Improving your credit helps you get a lower rate Home
mortgage. Lenders advise Do not cancel any cards.
Avoid taking out New Debt: Self Explanatory
Talk to an Experienced Local Real Estate Agent –
An Experienced Real Estate Agent that works Full time, can help you save Time, Money and Effort!
For More tips on Buying a Home visit
How to Save Time Money & Effort when Buying a Home