fitness.realtyJune is National Homeownership Month and any chance I get to celebrate homeowners, I do! I also realize that many people are still working towards their first home and are excited for their first purchase. So to kick off this awesome month, I wanted to share a few first time home buyer tips:
1. Check Your Credit Score: repairing damaged credit takes time.
2. Evaluate Assets and Liabilities: are your payments up to date? Have a good idea of what is owed and what is coming in.
3. Organize Documents: pay stubs, W-2’s, tax returns, bank statements.
4. Can You Afford It?: calculate debt-to-income ratio and factor in down payment to determine what you can afford. (I have a lender to help with this one!) 5. Decide With Loan is Best for You: again, I have a lender who can help with this. 😊
