Before You Buy: A Quick Checklist

Get Prepared to Buy a House

Buying your first home is one of the biggest financial moves you can make in your entire life. It is exciting and scary at the same time; transitioning from a renter to a homeowner. Sometimes the pressure may feel like too much, but keep a cool head and be prepared well ahead of time, and you shouldn’t run into any problems. Here’s a quick checklist to keep in mind before buying your first home.

Credit is Key

Unless you are part of the few that can purchase a property outright, in which case this has no use, you will need a solid credit history. Eliminate as much debt as possible and consider consolidating or refinancing previous loans like student debt or car payments.

Save, Save, Save!

Even when you qualify for a mortgage, you still need up front money for a down payment and any additional closing costs. Budget carefully so you know exactly what you’re dealing with financially. Once you know your budget, you’ll have an idea what you can afford.

Build Relationships

Buying your home will be a journey that you need to feel comfortable with. Build solid relationships with your real estate agent and any inspectors in the area. You may want to look into different insurance plans as well.

Title Insurance in Plainview

Once you have found a home you like and can afford, don’t leave any stone unturned. Consult with the real estate experts of Countywide Title at (806) 293-8363 with any questions, at any time!