Monday, October 19, 2009

Resources for Single Homebuyers: 10 Steps to Home Ownership

10 Steps to Home Ownership

1. Consider advantages & disadvantages:
Do you really want to own a home?
2. Consider the market conditions:
Is this the right time for you?
3. Assess your credit standing:
Do you need to repair or improve?
4. Assess your finances:
Do you have cash for a downpayment, closing costs, etc?
5. Create a budget:
What monthly payment can you afford?
6. Contact a lender:
What amount of loan do you qualify for?
7. Compile your wish list of home features:
Prioritize wants vs. needs
8. Interview & choose an agent
How do you find the right agent for you?
9. Search for a home
How do you find the right home for you?
10. Make an offer and close the sale

Visit my Prudential website for more Resources for Single Homebuyers. Click the "Single Homebuyers" tab at the top of the home page.

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