Steps To A Great Home Buy In 2007 - Step 1

May 5, 2007

 When it comes to real estate, timing is everything.  And if you’re buying this year, your timing is perfect.  For most homes in most areas, it’s a buyer’s market.  That means you’ll see plenty of houses on the market with prices that have slowed, stabilized or, in some places, even declined.  And motivated buyers will likely be more amenable to making concessions.  The biggest problem many buyers may encounter:  too many choices.  But that’s not a bad problem to have.  See everything in your price range so you can make an informed decision.  Spring and summer tend to be the prime home-buying season.  In many markets, buyers will have a lot of options.  Want to make sure you get the best home for you?  Here is step 1 of 5 to help you get the best deal on a home this year:

Know your score.  Pull your credit report and purchase your credit scores.  A small change in your credit rating can make a big difference in the amount you pay for your home over the life of a loan, or even whether you’ll be offered a loan at all.  Do this early-on if you find mistakes that lowered your score, you’ll need time to correct the record before you apply for financing.

Be sure to check back for additional steps to a Great Home Buy in 2007 or call Gary (619) 297-7001 with any questions.

Posted in All Things San Diego, Helpful Hints, Lending, Local Business, Real Estate, Things of Interest