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Updated about 4 years ago on . Most recent reply

User Stats

55
Posts
50
Votes
Austin Negron
  • Investor
  • Boston, MA
50
Votes |
55
Posts

3 Tips 4 Buying a Home

Austin Negron
  • Investor
  • Boston, MA
Posted

Real estate can be overwhelming.

These are generally the first 3 steps for preparing to buy a home:

1. Check your credit score. The better your credit, the lower the interest rate on your mortgage. The interest rate you pay on your home can drastically affect the numbers behind the investment.

2. Get a pre-approval letter. This just means calling a mortgage company (or a few!) and they will give you a gauge on how much you can afford. This will also show sellers that you are serious about purchasing a property.

3. Find a good realtor. There are a lot of good agents, but there are also a lot of bad ones. It's imperative to have an agent you like, trust and can rely on. You will be working with them a lot so you'll want to have a good relationship with them and be confident they prioritize what's best for you as opposed to what's best for them.

Hope this helps!

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