Recap: Buying a Home

Your coaches summarize the key points you’ve learned.

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Congratulations! You’ve learned a lot about buying a home. Let’s review some key points: Image Description
Before you start house shopping, consider whether homeownership is right for you at this time, and whether you’re really ready to buy. Image Description
If you decide you are ready, a good real estate agent can help you step-by-step through the homebuying process. Image Description
But remember: shop for your mortgage before you shop for a home so you know how much home you can buy. If you’re turned down for financing, there are steps you can take to strengthen your financial picture. Image Description
After you’re a homeowner, if the value of your home goes up and you pay your mortgage loan down, you may qualify for a home equity loan or line of credit, giving you more financial flexibility. Image Description
Finally, protect the home you’ve worked so hard to get. Use your credit wisely, keep on saving, and be a smart money manager. Get adequate insurance and maintain your property inside and out. Image Description
For a summary of the steps in the homebuying process and more information, click on Library. And, look for a first-time homebuyer workshop near where you live. Image Description

Are you ready to buy?

  • Shop for your loan
  • Work with an agent
  • Use equity wisely
  • Protect your home investment
  • For further information about buying a home, click on Library and attend a homebuyer workshop in your area.
    Recap: Buying a Home