03/23/2022
Before you start looking for a home, there’s a few steps you should take to make sure you’re prepared! 😁
• Save for a down payment. Your down payment will be based on different factors such as your credit history and the type of loan you qualify for. For first time home buyers, there are several options for assistance with your down payment and closing cost.
• Get Pre-Approved. Not only does this inform you on what you can afford, it also helps when competing in a hot market like Southern California . A pre-approval letter also shows the seller that you’re a serious and qualified buyer.
• Understand your loan options. There are several types of loans; Conventional, FHA, USDA, VA and more.
• Money set aside for closing cost. The down payment is not the only money you’ll need when you close on your home. You have to cover several fees like inspection, appraisal, attorney, escrow, etc.
• Be confident when you submit an offer. Making an offer on a home, especially if it’s your first, can be nerve racking. That’s why it’s important to know your budget, look at plenty of homes and know what you can afford.
• Work with a REALTOR®️. A REALTOR®️ knows the market, adheres to a strict code of ethics, stands in your corner during negotiations, has experience, has your best interest in mind and gives you a direct line to so many different connections.
Looking to buy or sell?
Call ME☺️
📞(714) 276-3845
