WHAT YOU NEED TO KNOW
Before you buy or sell a house.
Buying a home can be an emotional process, but underneath it all, it’s important to make smart financial decisions along the way. It can be hard to know where to start, and to know what you can afford. Before you buy a house, as a first-time home buyer, there can be several different factors to consider. Financial pro Dave Ramsey recommends;
Pay Off All Debt and Build an Emergency Fund
Determine How Much House You Can Afford
Save a Down Payment
Save for Closing Costs
Get Preapproved for a Loan
Find a Home for Sale in Your Price Range
Research Neighborhoods for Best Fit
Attend Open Houses and Think Long Term
Make a Competitive Offer (That’s Within Your Budget!)
Prepare for Closing