Before You Buy... 5 Things You Should Do Before You Buy!

Buying a home is an exciting journey, but preparation is key to making it a smooth process. Here are five essential steps to take before you buy:

1. Check Your Credit Score

• Ensure your credit score is in good shape.

• Correct any errors on your credit report.

• Pay down outstanding debts to boost your score.

2. Save for a Down Payment

• Start saving early to meet the down payment requirement.

• Explore programs like those offered by OHFA for assistance.

3. Get Pre-Approved for a Mortgage

• Secure a pre-approval letter to understand your budget.

• Compare mortgage rates from different lenders.

4. Determine Your Budget

• Calculate how much you can afford, including taxes and insurance.

• Factor in other expenses like maintenance and utilities.

5. Research Neighborhoods

• Look into different areas to find the best fit for your lifestyle.

• Consider factors like schools, amenities, and commute times.

Taking these steps will set you up for success and make your home-buying experience more enjoyable.