Its Not Far If You Know The Way

Dated: 03/25/2017

Views: 271

“It’s not far, if you know the way.” What this expression implies is that you could have a long way to go if you don’t know where you’re going or how to get there. Just like reading a map, there are some definite steps that will improve your success in buying a home in today’s market.

  • Know your credit score – the best mortgage rates are available to borrowers with the highest scores. Unless you know what your credit score is at all three major credit bureaus, you don’t really know what rate you’ll have to pay.

  • Clean up your credit – it is estimated that about 90% of credit reports have errors. Some are not serious but others could affect a borrower from getting the loan they want. It is your responsibility to know what is on your different reports and correct them if possible. You’re entitled to a free copy of your credit report each year from Experian, Trans Union and Equifax.

  • Get pre-approved – Taking the time to make a loan application with a qualified lender even before you start looking at homes will provide peace of mind, make sure that you are looking at the “right” homes and may help you negotiate the best price on the home you select.

  • Do your homework – when you find the home that meets your needs and desires, get the home inspected and research the tax assessments, school ratings, crime activity, possible zoning changes and comparable sales in the area.

Find Your Dream Home Now!

Want to Advertise on this Site?

Latest Blog Posts

Why Real Estate Investing Makes Dollars And Sense

Why Real Estate Investing Makes (Dollars and) SenseINTRODUCTIONTurn on the television or scroll through Facebook, and chances are you’ll see at least one advertisement for a

Read More

From I Do To Sold

Newlyweds are saying "I do" to each other and then to their dream homes. It makes sense! When you put two hearts together, the time comes to find a home to nourish that love. A home that brings

Read More

You May Be Closer To Qualifying For A Home Than You Know

We have some great news for you if you are dreaming of owning a home but think you might not qualify or have the cash you need.This is a really great time to buy. Interest rates are still low and

Read More

Debunking Myths To Home Buying

Finally ready to make the transition into home ownership? That's awesome, and in this exciting time you can be turning to friends and family for an insight into the process. However, there seems to

Read More