Three Steps That Make Buying Your First Home Easier

Buying a first home can feel like a lot. These three steps make the biggest difference.

1. Buy a home to live in. A home can build equity, but values can go down as well as up. Choose a place that fits your budget, your commute and your plans for the next several years.

2. Look after your credit. Check your reports from all three bureaus at AnnualCreditReport.com and dispute mistakes. Pay every bill on time, keep card balances low, and do not open new accounts until after you close.

3. Get preapproved before you tour. A lender reviews your credit, income and savings, then tells you how much it may lend. Talk with more than one lender and compare the Loan Estimate each one gives you. In Georgia, ask a participating lender whether you qualify for the Georgia Dream program.

You do not have to do this alone. A lender, an agent, a home inspector, a closing attorney and an insurance agent each handle one part of the purchase.

One common myth holds many buyers back: the idea that you need 20 percent down. Some loans allow much less, and some allow no down payment for eligible buyers. Ask a lender which programs fit you.

Read the full guide: 3 Tips for First-Time Home Buyers in Southeast Georgia on SoutheastGaRealEstate.com, with more detail, a FAQ and local home searches.

Text BUYERGUIDE to 912-420-1663 to get Julie's step-by-step home buying guide.

Julie Mock, REALTOR®, Georgia license #430345, Weichert, Realtors® – Webb & Associates, 95 Bel-Air Dr., Statesboro, GA 30461. Call or text 912-420-1663. This article is general information, not legal, tax or lending advice. Brokerage office 912-764-9722. Each Weichert® franchised office is independently owned and operated. Equal Housing Opportunity.