CALL TODAY: 706-257-1776

Blog

Buying Your First Home in 2019

July 13, 2019

Peak home buying season is underway and more people are looking to purchase their first homes in Columbus GA this year. Whether they are single, newly engaged or have been married a while, it’s a good bet that these first-time buyers are excited about the opportunity to own a home.

Buying a home is a great long-term investment that can add security to your life. However, it shouldn’t be rushed into. It’s important to keep a clear head to ensure that owning a home will be a satisfying and successful step in life.

If you’re ready to stop renting and buy your first home in 2019, here are some things to consider before diving in:

  • Check out your credit report and improve your credit if necessary. Having a good credit score will allow you to get the best interest rates on your mortgage.
  • Get the necessary paperwork in order. Your lender may want to see several years of tax returns, recent pay stubs, W2 forms, records of any assets such as savings and investment accounts or any other information that pertains your financial well-being.
  • Get pre-approved for a mortgage. This will help you move faster when you find a home you want to buy. A common rule of thumb is that your mortgage payment shouldn’t exceed 25% of your monthly income. In addition to saving a down payment, put aside some money earmarked for maintaining your new home.
  • Find a good real estate agent. An agent will help you find a house and will represent you throughout the home buying process. The ideal agent will have a record of success as well as experience in the area where you want to buy.
  • Give your agent a list of your must-haves, along with your preferences for the area you want to live in, the type of house you want and any other important factors.
  • Start shopping for homes. This is the fun part. Your agent can show you homes that fit your parameters and help you decide which one to buy. When your offer is accepted, the agent will help you wrap up the deal.

Get started buying your first home today! Call Rose Anne Erickson Realty at 706-257-1776 to see our listings of homes in Columbus GA.

Tags: , ,

Categorised in: ,

This post was written by Rose Anne Erickson

Comments are closed here.

Home Buyer Resource Center

Tips for Moving With Children

Moving is stressful for adults, but it can also be stressful for children who may not understand the reasons and... View Article

Things to Know Before Buying a New Home

When exploring options in Columbus GA real estate, some buyers gravitate to new homes, thinking there are fewer risks to... View Article

How To Choose a Home That Will Save Energy

While natural gas prices are expected to drop to the five-year average this year, electricity prices are expected to rise.... View Article

View Our Resources