Buying a House
Steps To Buying
Financial Help & References
- How to determine if buying a house is a good financial investment for you.
- Considering ALL the costs involved with buying a house.
- How to prepare to make the biggest financial decisions of your life.
- Calculate what you can afford for your homeownership.
- The best places for women to buy a home.
Debt. Do you have significant credit card debt? Then consider talking to a Purse Strings Approved Professional to help you take a look at your debt and still achieve your goal of buying a home.
Savings. There are loan programs for financial and down payment assistance and other options like negotiations to get sellers credit. Some people think they need to wait until they have 20% of the purchase price for a down payment; however, waiting to save this amount may cost you in the long run. Your Purse Strings Approved Professional can help assess what is best for your situation.
Stability. Everyone is a lot more mobile these days and are not sure if they should purchase a home. Do you envision moving within three to five years? Some people consider moving and renting their home as a way of building equity in their home ownership. Your Purse Strings Approved Professional can help assess what is best for your situation.
Income. A reliable and steady income is needed to qualify for a loan. Types of income can include your salary/ wages, self employment income, alimony, child support, social security and trusts.
Responsibility. Home buying is a big process and a decision that should be made with a Purse Strings Approved Professional Realtor and loan officer. Understanding all the cost that go into a home purchase is important.
Did You Know
More than one in five home buyers is a single woman, and twice as many unmarried women are buying homes than single men. Single women make up more than one-third of the growth in real estate ownership since 1994.