|5th September 2013||No Comments|
Whether you’re fresh out of college and just found yourself a new job, or you’re a homeowner that has been around the block a few times, buying a new house can be an intimidating process. It’s more than a simple money transaction; it can be the beginning of a new chapter in your life.
If you are experiencing feelings of anxiety or intimidation, there is an easy solution that thousands before you have learned through trial and error, and that solution is called preparation. Recently our friends and partners at Heroes Home Advantage® outlined 3 ways that new and returning homeowners can better prepare for buying a new home:
Bolster Your Credit Score – We have all heard the commercials on TV offering free credit reports. If you are on the lookout for Hinesville homes for sale, now may be the time to take them up on their offer. Since you are typically allowed one free credit score a year, obtain your credit reports and make sure that there isn’t anything that may hamper your home buying success. Having your credit in line usually means that the down payment on your new home will be lower, which will save you money and lower your stress level.
Save, Save, Save – Once you are well on your way to determining how much money you can afford to spend on your new home, it’s time to start saving for the inevitable down payment and closing costs associate with your home. If you commit to simple tasks like saving change or eating out less, you can take the money that you saved and put it towards these costs. Saving little by little adds up, and will help take some stress off your shoulders when you’re ready to buy your home.
Go From Saving to Savings – As you save money by cutting back on unnecessary expenses in your life, open up a savings account with a bank of your choice. Having a healthy savings account not only allows you to have money for unforeseen repairs or upgrades on your new piece of Hinesville real estate, it also gives you that much more of an advantage over other home buyers that are not as qualified to purchase a home.
Remax All-American and Homes for Heroes Home Advantage® are both dedicated to helping you find the right home for you and your family, from the beginning of the process through the end. Consult with Remax All-American’s team of skilled professionals today, and begin the journey of finding your new piece of property as soon as you are ready.