Do’s and Don’ts for First-time Home Buyers in Columbus
As a first-time home buyer, it’s easy to get overwhelmed with all the decisions you need to make. Following these “Do’s and Don’ts” could make the process a little easier.
The DO’s:
• Ask about programs that provide down payment assistance.
• Ask about the different loan programs that are currently being offered.
• Ask questions to ensure you understand the home inspection and mortgage loan process.
• Determine how much home you can afford.
• Find the right real estate agent or broker
• Make sure your credit score meets the required minimum.
• Purchase adequate homeowner’s insurance.
• Research your lenders.
Most importantly, find the perfect home. Remember, this will most likely be the largest purchase you make in your lifetime.
The Don’ts:
• Shop for an interest rate without checking out the Annual Percentage Rate or APR
• Empty your entire savings
• Shop for a home before getting pre-approved
• Buy anything for your home (or otherwise) right before closing
As a first-time home buyer, you may feel somewhat intimidated by the entire process. After all, this is a big deal. Finding the right real estate agent and lender to provide advice and guidance can make all the difference between a smooth and stressful home buying.
Liberty Capital Services LLC
438 E Wilson Bridge Rd #106,
Columbus, OH 43085
614-505-0620
https://maps.google.com/?cid=14294939209836226766