Are you batting around the idea of becoming a first-time home buyer? There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they are married and have a family, others might think they are too young, and still, others might think their current income would never enable them to qualify for a mortgage.
We want to share what the typical first-time home buyer actually looks like based on the National Association of REALTORS most recent Profile of Home Buyers & Sellers.
As a first-time home buyer would you be prepared for the journey you would be about to undertake?
No one has prepared you for this, do you know what to expect? Where do you begin? What is next? We meet so many potential home-buyers that believe this journey starts with looking for a house. No one has told them the steps in involved and who they need to speak to. Purchasing a home involves so much more than looking and finding THE HOUSE! Did you know it actually starts with speaking to a mortgage officer and getting pre-qualified? Why is that the most important first step? You want to be aware of all that is going to be involved with your mortgage payments for the next 15 – 30 years. What can you afford vs. what you are actually comfortable with (now that can be a big difference!).
Bottom Line
You may not be much different than many people who have already purchased their first homes. Let’s meet to determine if your dream home is within your grasp. Contact us and let us explain where you need to start. We will guide you to the path and ultimately helping you to find your new home!