I’m ready to buy my first home, now what?

January 4, 2010 by: Mitch Muller

Now’s a great time to buy real estate and I get asked this question a lot, “I’m ready to buy a home, where do I start?” The first thing I always recommend is we meet me for a buyer consultation. In this meeting we go over numerous things, first and foremost, to see if you really are ready? Are you financially ready? How is your credit? Have you spoken to a mortgage lender to see if you qualify? What type of loan is the best for you? Do you have the money needed for down payment, closing costs, escrows, etc. Do you have cash reserves in the event of an emergency? I recommend at least 6 months living expenses in reserves and very low debt before you buy. The last thing I want to see any of my clients do is eat beans and rice for the first few years after you purchase a home, much less call me in a year to sell because you got in over your head. These are just a few of many more things to consider. Coming up in future articles I’ll discuss in detail, the step by step process to purchasing your first home and how to achieve the American dream of home ownership!

Filed under: Getting Started

Comments

18 Responses to “I’m ready to buy my first home, now what?”
  1. Thanks to your nice blog. I appreciate your writing.

  2. Hi there, I find that your situation is rather perceptive since it highlights a great deal of accurate data. By the way, was thinking regardless of whether you’d adore to interchange internet links with my internet portal, as I am seeking to make contacts to extra spear thing and gain ground for my internet space. I do not mind you laying my world wide web links at the property page, just approving this links on this particular write-up is over enough. Furthermore, would you be type more than enough contact me at my world-wide-web space if you are keen during the link exchange, I would really like that. Finest wishes from me and hope to hear from you shortly!

  3. Surprise! You definitely covered this subject well. Are there other alternatives that i’ll need to verify out?

  4. Raven Ropac says:

    Good weblog article. I arrived online to find exactly where to watch nfl football games and somehow came across your weblog. You ought to create a article on how to watch football online since it’s a well-known topic correct now. I used Google and only arrived up with this website http://www.watch-football-live.org but need some much more options.

  5. Dave says:

    I know lots of weblog authors also have composed an ebook. For those who have you can monetize your ebook by utilizing http://www.ebooked.org which is a web site that enables ebook authors to share their function for free of charge with people after someone completes a survey. When they total the survey the author makes some cash.

  6. This can be truly wonderful idea dude.iam genuinely proud of you . Do u have twitter?? i need to comply with you .thx

  7. Rico Gaus says:

    I think this really is helpful and usually do not see posted often. This is wonderful information.

  8. Janette Eley says:

    Formula for success: Rise early, work hard, strike oil.

  9. The information you have on this article has been motivating to look at , I was looking for facts in relation to home loans and got preoccupied. Which is a nice event as I would never have discovered your article. Most of websites I peruse it seems that the columnist has hurriedly posted a cursory hundred words without to much consideration. nevertheless I have found your post not only interesting to follow but also effortless to follow and comprehend. At any rate thankyou for taking the time to carry out some interesting research and compose it in a way that a simpleton like me can comprehend.

  10. cool i love these, good job! wow amazing i love those, good job!

  11. super cool! i love this post! would you mind if i shared?

  12. I must say that this post is the most relevant article I’ve ever read and saw. It’s a great help to everyone who is looking for this information.

  13. Taekwondo says:

    So easy to spot your stance . Always makes a change I spot so much drafted by professionals that preferably should choose to stay well away from a portable computer key-board.Keep up the fantastic website writing

  14. Eboni Girten says:

    I watch football online each day throughout football season. I adore http://howtowatchfootball.com/index.php because it assists you watch live NFL football games online for totally free. No other website provides as a lot information about how you can watch football online for totally free. You ought to examine it out if you’re a NFL fan and wish to watch live NFL games online during football season.

  15. thanks for this awesome post

Leave a Reply