Buying a Home is Full of Details
So Here are Some Tips!
Saving money is hard! No mystery or hidden message there. If you want to buy a home money is a necessity and many people are finding it difficult to save. Now is the time to buy, but without the proper funding for closing costs and down payment and unforeseen purchases, buying a home can feel impossible. So what can we do to help? How about give some tips on what money saving tactics can implemented in your life. Trulia has offered this First time home buyer’s guide to save for a down-payment.
The six steps are as follows: Plan for Progress, Slow Your Spending, Spend less for Convenience, Drink more Water and Track your Expenses.
Along with these six steps to saving some money for your downpayment, thisarticle also has a good section on improving your credit scores. Some of this information includes payment history, amounts owed, types of credit and things that will drastically or nominally affect your credit. Some quick little tips would include “Don’t close ‘old’, no—fee credit cards when you’re done with them. Instead, use them periodically and pay your balances in full. This builds credit history and credit length.” There are always little things you can do that add up quickly and this is one of them.
The last section of advice that Trulia offers is on what to look for in your neighborhood and in your home’s surrounding areas that may affect how you feel about living there. These are such things as neighborhood hot spots, looking at the Megan’s Law databases, if your area is more recession resistant than another and trusting your instincts on how you feel about a specific area.
For the whole list of tips and all of the details click this link.
Lynn Tardibuono – Flipper Chick- Real Estate Agentand Co-Owner of Sun Pacific Mortgage and Real Estate. Serving Sonoma County since 1988. Her number is (707)523-2099 and you can also visit our redesigned website athttp://www.sunpacmortgage.com Also be sure to like us on facebook! Click this link.