I want to own my own home!
With all the Real Estate doom and gloom that the media keeps publishing, you may be thinking that it is absolutely impossible to purchase a home. The state of Real Estate market is not as horrible that the media reports, in fact there is good news.
Don’t some of you remember in the 70′s and 90′s? If you think things are bad today, you don’t remember 18% interest rates. There are great opportunities in WNY to buy a home. You just need to do your homework to make that dream a reality.
Where do you begin your home search?
Let’s start with what is going to decide your ability to qualify for a mortgage — your financial health.
- Start by looking at your current debt, what can you eliminate?
- Know your credit score!
Read Also: Do You have the Credit Score Blues?
- Start saving money, pennies evolve to dollars, dollars to hundreds and hundreds eventually become thousands.
Read Also: How to save money for your WNY down payment
- Don’t purchase a new car, boat or any other major purchases
- Don’t apply for any additional credit
- Make sure you pay all your bills on time
- Speak with a mortgage professional to determine what you can afford
Once you have done that, that is when the fun begins we can start searching for that perfect home for you. Decide on which communities, how much of a home you can afford, and the kinds of features that will make the house a perfect home!
Have questions before you speak with a mortgage professional, please give me a call at (716) 650-0051 or fill out the form below.
Additional Real Estate Articles:
- Real Estate and your pending divorce…
- Buy now in Buffalo New York?
- Is this a good time to purchase a home in WNY?
- How Buyers Can Save Money (and aggrevation) on their WNY Home Purchase
- Selling your WNY Home?
- Don’t wait until you find the perfect WNY home to select your Home Inspector!
- How Can I Afford to Buy a New Home
- How to reduce the stress during house hunting for your WNY home.
- Excellent reasons to not purchase a Home
