by Lesley Strong- CRS
Coldwell Banker Residential Brokerage
6000 N Port Washington Rd
Glendale WI, 53217
What you can do now to make your home buying dreams come true in 2011
Buying your first home is a process, not an event, so you have to have an action plan that will get you through this process with your sanity intact. Here are 4 things you can do now to help you get ready for owning your first home in 2011.
- Test Drive the lifestyle – Owning costs more than renting in most cases. So now is the time to start cutting back on the unnecessary expenses, such as the daily Starbucks treat or eating out. This will allow you to start conserving better on your expenses.
- Keep your financial house in order –Lenders are paying very close attention to every loan application. Be sure you are making all your bill payments on time, check your all three credit reports every 6months to be sure there are no errors listed ; Experian, Equifax, & Trans union. Also, get rid of any unnecessary credit cards that you won’t need. The key here is that you want to show the lender you have more income than you do debt.
- Find a good Realtor familiar with the type of house you are looking for. Also team up with a good lender that will listen to your needs this is just as important as finding the right home.
- Lastly, Quit Procrastinating! If you made a decision to purchase a home follow through. Now is the best time to take advantage of some of the great low interest rates before they begin to go back up.