Eight questions every first-time buyer should ask.. To what extent would you describe your aspiration for home ownership as religious?

Buyers aren’t the only ones who should be asking questions during the buyer interview. There are a plethora of articles (like this one) designed to help clients find the right agent, but there.

Getting Ready To Buy A Home As the housing market heats up and more consumers consider buying a home, it’s important to consider the role that your credit score plays in your ability to secure a mortgage. conventional mortgage lenders will typically want a FICO score of at least 720, or in some cases 740, but those with a score above 580 may still qualify for an FHA loan.

100 Questions Every First-Time home buyer Should Ask, Fourth Edition: With Answers from Top Brokers from Around the Country [Ilyce R. Glink] on Amazon.com. *FREE* shipping on qualifying offers. From the most trusted name in real estate, a new and fully updated edition of the indispensable guide that helps first-time buyers land the home of their dreams What does location

Important Questions First-Time Home Buyers Should Ask. Buying a home is an exciting process, especially for first-time home buyers. Unfortunately, however, too many first-time home purchases end in financial disarray, especially if the decision to purchase was made too hastily and without careful thought to all aspects of home ownership.

What Is My Budget For A House To get that number back down to a monthly housing budget of $1,250, you’ll need to lower the price of the house you can afford to $172,600. Use the calculator to try out other combinations to find the right mortgage amount, interest rate and down payment combo that will work for your budget.

Mortgage and financing is a very popular subject when buying a home, especially for the first time. When interviewing a buyers agent, this is a good question to consider asking. The responses that will be received will vary, however, a great real estate agent will answer this question with a resounding "yes."

Michele Lerner. Between organizing your financial documents, applying for a mortgage and scheduling an appraisal, the process can make your head spin. Asking some key questions along the way can make navigating the waters easier. There are some things that first-time buyers may be more likely to overlook.

Over the past 20 years, I’ve bought four houses. While I’ve definitely become a more savvy home buyer over time, the process of buying the right house doesn’t get any easier. Finding the perfect new home can be stressful, especially if you need to stay within a budget and have a long wish list.

Make sure to ask your real estate agent these questions about the place to make sure it’s right for you.. Related topics: condominium first-time home buyer hoa home buying real estate agent.

What House Payment Can You Afford So if you’re earning $80,000 per year (and you have a reasonable amount of job security and don’t expect wild fluctuations in your income anytime soon), you can afford a house up to three times.