The Newbie’s Guide to Buying a First Home – Part 1

Buying a home can seem like a real challenge in the NC Real Estate Market. First and foremost are 6 steps to take before start on that journey.

1. Strengthen your credit score (look over your credit reports on Equifax, Experian and Transunion and make sure nothing is abnormal
2. Look at your budget and decide on a monthly mortgage that you are comfortable with
3. Save for a down payment and closing costs –  (at least 10 percent of the purchase price is preferred)
4. Build a nice savings account – (you really don’t want to be broke on the day of closing)
5. Get pre-approved at your preferred lender
6. Choose a home that you like (that’s the easy part)