What To Do To Prepare To Buy Your First Home -

: Plan for a down payment (ideally 20% to avoid private mortgage insurance) and closing costs, which typically range from 1.5% to 5% of the purchase price.

: Last two to three months for all checking, savings, and investment accounts. Identification : A valid government-issued ID. what to do to prepare to buy your first home

: Focus on commute times, school quality (which impacts resale value), and local amenities like parks or grocery stores. : Plan for a down payment (ideally 20%

: This is the first thing lenders review. A higher score often leads to lower interest rates. school quality (which impacts resale value)

: Distinguish between non-negotiables (e.g., number of bedrooms, safety) and things you can compromise on (e.g., paint colors, older appliances).

: Interview at least three realtors to find one who understands your specific needs and can negotiate effectively.