First Time Home Buyers---Here are some things you need to think about before you start to look for your dream home…
Before you start to look for that home, check your credit report with all three credit reporting companies (TransUnion, Experian, and Equifax). It is important to do this a few months before you begin that search for your home because if there are any things that need to be corrected on your credit reports, this will allow enough time to do so.
Ask lots of questions of the agent who is representing you. You and your agent will work as a team to find the best property you can afford. The looking process could be quick, or it could be lengthy, so make sure you find someone you are comfortable with.
You will need to shop around for a loan. Different mortgage brokers might have different interest rates available to them, so don’t just accept the first loan package that comes along. For example, if you think you will be in the property for a short time (two or three years) before you move on, you will not want to have large discount points up front. It would be better to pay a higher interest rate.

Stay tuned for next week’s continuation of these things to think about. There are more. If you can’t wait till next week, call Tiare Dutcher at 808-753-5327.