6 Questions Every First-Time Home Buyer Needs To Ask Before Buying

Posted onAugust 15/2016By

Buying your first home is exciting and possibly one of the most monumental things you’ll ever purchase. So, there are some things you should know before signing on the dotted line. How much will I be able to borrow? Before even getting all jazzed up over buying your first home, know what you can afford – and that’s not just including the mortgage. Closing costs, among other fees, have to be taken into consideration as well. The best way to figure this out is to talk to people in the know, like a mortgage professional. They will help you get prequalified for a loan, taking into consideration all the extra costs. Getting your heart set on a particular property and finding out it’s out of your price range is very disappointing. Am I really ready for this? Home ownership comes with a lot of responsibilities. If something breaks, you need…

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