Whether it’s an apartment, a duplex, or a house, you’ve been renting for a while. You’re done with it. You think you’re ready to take the leap toward home ownership. But are you, really? For first-time buyers, the process of buying a house in Auburn, Kent, Issaquah, or Maple Valley can be tricky.
At Beth Hallock Coldwell Banker Realty, we’re committed to making the process easier for all our clients. To be prepared, there are a few tips to keep in mind:
- A good credit score gets you lower monthly payments and better interest rates. Yours should be at least 750, if not higher.
- Qualifying for a mortgage is supposed to be hard. To make it easier, make sure all of your financial records are in order and completely clear.
- Keep in mind that the housing market is chaotic and unpredictable. The last thing you should do is overpay for a property and count on market appreciation to make up the difference.
- When you’re figuring out how much house you can afford her in the Pacific Northwest, remember that your costs will go beyond the monthly mortgage payment. You’ll want to factor in HOA fees, property taxes, homeowners insurance, maintenance, and a fund to cover any emergency repairs.
Ready to partner with a REALTOR® who can provide the guidance you need, every step of the way when you’re looking for houses for sale in Maple Valley, Kent, Issaquah, or Auburn? Contact us online or by phone to schedule a consultation today!