01/23/2023
Is “NEW YEAR, NEW HOME” your slogan for 2023?🏠 If you’re thinking of buying a house this year, here’s the first three steps to get you started on your journey:
1. 💳 Improve Your Credit Score – your credit score has an impact on your ability to get qualified for a home loan, and also impacts what your interest rate will be. Increase your score by paying down debts and avoiding large purchases on credit (such as cars, student loans, boats, etc.). Get copies of your credit report from all three providers (Experian, Equifax, and TransUnion) to ensure everything on your record is accurate.
2. 💵 Plan for Your Down Payment – With higher interest rates in 2023, making a significant down payment could help save you money. Start putting aside a portion of your income for your down payment well in advance of looking at homes. As a real estate agent, I can connect you to resources that can provide options for down payment assistance.
3. ✅ Get Pre-Approved – Pre-approval from a lender lets you know how much money you’ll be able to borrow. You’ll need to know your pre-approval amount to help keep your home search within your budget.If you’re considering buying a new home, let’s connect so I can help you navigate the process.
I love helping buyers find the perfect home! DM, text, or call me and let’s talk.The real estate agent to call is Carolyn Nall – 858.933.1133