Is your 2021 resolution to buy a home? Here are some resolutions that will help you become a homeowner for 2021.
- Save for a Down Payment
Roughly 60 percent of homebuyers financed their home with a 6 percent or less down payment!
2. Clean Up Your Credit
3. Get Paperwork in Order
Buying a home involves a lot of paper work, so start getting everything together early. You will need several years of tax returns, bank statements and proof of current income.
4. Get Pre-approved for a Mortgage
Before beginning the house process prospective homebuyers should receive pre-approval from one or more lenders to verify the amount of money they are qualified to borrow.
5. Find a Realtor
Whether you are buying your first home or your fifth, working with a realtor is the smart move. They can provide counsel, discuss listings, show you homes in person, negotiate on your behalf and help you find your dream home this year!