Real Estate Blog - Blog Archive: June, 2014

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June 2014

Found 1 blog entry for June 2014.

home-buying-tips

  1. You should remain in the house that you have bought for at least a few years. Given the transaction costs of buying a home, you may end up losing money if you sell sooner, even in a rising market.
  2. Make sure your credit history is as clean as possible. Make sure the facts are correct and any problems that you discover are fixed at least a few months in advance.
  3. Buy a home that you can afford. A good rule of thumb is to purchase a home about two and one half times that of your annual salary.
  4. If you cannot put down 20%, you may still qualify for a loan. If you qualify, there are a variety of public and private lenders who offer low interest mortgages with a small down payment.
  5. Strong school districts are top priority for many home buyers.
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