Buying a home – 3 steps to get started

3 Tips to help you start your home buying process.

Buying a home is exciting, but it’s not always the easiest process to start.
There are several things that you should do to get started in the home buying process and to make the process move much more smoothly.

Step 1
Contact the Nance Team, we are familiar with all the latest financing options for first-time home buyers. Many are available with low down payments and some with no down payment if you qualify.
We will explain the buying process to you and help you locate a loan professional to get you pre-qualified for a home loan.

Step 2
Get pre-qualified for your home loan up front.
This will let you know what types of homes you can afford, what your monthly payment would be and how much money you will need to purchase a home.
Begin to think about how much home you can honestly afford.
We have all had times when we might think, “Oh, $20 here and $50 there won’t break the bank.”
Unfortunately, that can leave you with little money for a down payment.

Step 3
Research neighborhoods
Location is one of the most important things on most people’s list of needs when looking for a home.
You should also check into things like schools, shopping, and proximity to your place of work.
All of these things are very important and will likely influence how much you really like the home.
Some of these things may not seem very important when you are renting, but usually are when you plan on buying a home.