Steps to Buying a Home in 2020
Are you currently renting and dreaming about home ownership? There are certain benefits to renting, but there are also plenty of benefits to owning a home of your own.
From privacy to home equity, and just feeling like you are in control of your own domain, home ownership has many positive aspects that consumers are drawn to.
Maybe you've decided 2020 is the year you will purchase your first home! Congratulations. Perhaps you've made a New Year's resolution to do just this.
NAR put together a great infographic with a few simple steps that help you get started.
- Begin saving for a down payment
- Take steps to get your credit in tip-top shape
- Get Paperwork in Order
- Get Pre-approved for a Mortgage
- Find a REALTOR®
If this seems a bit daunting, our best advice is to start with step #5. Finding a real estate professional you trust will take lots of the stress out of this process. Plus, he or she can advise you on how to go about the other steps!