Are you tired of renting and ready to buy your first property in Jacksonville? Before you start packing, make sure that you have all of your ducks in a row. The professionals at Traditions Realty provide useful tips for the first time home buyer.
Prepare Your Finances
While having money set aside for a down payment is preferred, if you don’t have a down payment, there are still mortgage options for you. There is some information you will want to gather before even contacting bank or mortgage broker
- What is your current credit score?
- Do you have steady income?
- Are you stable in your job?
- Where is your debt coming from?
- Do you have trouble paying your bills every month?
Take the time to get your finances in order to ensure you get the best offers. Make sure to shop around different banks and even online mortgage options. Ensure you are pre-approved for a loan before you start looking at homes, as the amount you are approved for may be different than you have in mind and if you find your dream home, you will be able
to make an offer immediately. Having a pre-approval for a loan will take a lot of hassle away from your home-buying journey.
Research Jacksonville Neighborhoods
In the excitement of finding the perfect first home, you may overlook the importance of researching the neighborhood. There are many things to consider, such as schools, entertainment, shopping, and convenience. Take a few minutes to read the Top 8 Things to Consider When Buying A House to get more ideas and resources.
Help for First Time Home Buyer
Buying your first home can be exciting, but it can also be challenging. At Traditions Realty, our team of real estate experts have decades of combined experience buying and selling homes and property on the First Coast. We offer a variety of useful Buyer Services, especially for first time home buyers. We will work with you to find the exact property you’ve been looking for, in the neighborhood that is right for you.
If you are considering purchasing your first home, contact our Traditions Realty agents at (904) 683.5230 today!