First Time Buyers’ Dos And Don’ts

If you are a first time home buyer, you have a lot to learn.

Working from a blank slate you must build an understanding of the housing market, determine what you can afford, land a loan and hone in on a home that’s a good fit for your lifestyle.

The transaction will likely become your largest asset ever so there’s little room for error.

It is a daunting task, but you can ease your concerns if you take the process step-by-step, watching your footing as you move along the path toward the American Dream.

Below is a list of "Dos and Don’ts" to help first timers turn that stress into the self-confidence you’ll need to move closer to your first home.

The list focuses on areas first-timers typically stumble over in their initial home buying attempt. Knowing what you could face will help you avoid some of those trip ups.

The Dos:

DO examine your credit standing. You need to know your credit standing…

Click here to read the rest of this article in my May Real Estate Update Newsletter

 Also, FHA financing has really started to become the financing choice for a very large part of the homebuying market.  While it’s not just for 1st time homebuyers, it is perfect for them.  Read more about FHA financing here

As always your comments and questions are welcome!

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