Are you ready to buy a home? From mortgages
to real estate agents, the process of buying a home is complicated.
In this article, Credit.com shows you the basics of the homebuying process
and gives you tips for getting the best deal.
Start your
training
Your credit scores from TransUnion, Equifax
and Experian play a major role in determining your mortgage rates. Start
working on your credit scores 3-6 months before you plan to buy a home.
Credit.com
shows you how to boost your scores
Working with a trusted real estate agent is
a key part of the homebuying process. A good realtor can help you find
the home of your dreams. There are five basic questions you should ask
a prospective real estate agent before starting to work with them.
Read
the realtor Q&A online now
The choice used to be relatively simple: fixed
rate vs. adjustable rate. But there are now hundreds of different kinds
of loans available to borrowers
Credit.com's
experts show you the pros and cons of the most common loan types
Prepayment penalties, PMI and contingency
clauses can all make a huge impact on your homebuying experience. Luckily,
with a little research and awareness you can avoid making these mistakes.
Read about
the top five mistakes buyers make |