PREPARING TO BUY

By taking steps to stay financially organized you will increase your odds of being ready to buy a home. This can take discipline and organization, but you will be so happy and grateful when you do. Some guidelines are listed below:

1. Assess your financial situation. What is your income? What is your debt-to-income ratio? Getting clear with what level you are on so you can move to the next level is a crucial step when mapping out your mast plan for home buying.

2. Saving for your downpayment, closing costs, and emergency fund. Cushioning yourself around so, as costs come up you feel less tension and anxiety around the purchase is always a good idea. 

3. Check your credit score. You can contact a lender and get information from there. If you would like I have a preferred lender who can do a “soft pull” on your credit to see where you stand without getting dinged on your credit. Credit has a huge weight on your ability to buy.

4. Stay finically disciplined, avoid making large purchases of new debt when going through the process of home buying it can derail your debt-to-income ratio and take you backwards in your progress.