Selling Your Northern California Home? Get a free home value report
Buying a Northern California Home? Search all homes for sale
Today I'm going to be catering to all of the new home buyers in Northern California. Now is a fantastic time to purchase a home because affordability is very high, so I thought I'd take a moment to help any of you buyers out there who might be a little bewildered at what to do in the real estate market.
- Do you have outstanding debts? This involves both short term and long term. A lender wants to ensure that you can pay them back, so be sure that all of your debts are taken care of before applying for a home mortgage loan.
- Do you have funds for a down payment? There are some great programs that only require 3% down on a home, but you'll then have to pay private mortgage insurance to the bank. There are other programs that will give you grants for a down payment (money you don't need to pay back), and some programs like VA or USDA rural loans don't even require a down payment.
- Can you pay additional bills? When you buy a home, your monthly mortgage won't be your only expense. You have to remember to pay insurance, utilities, water, electricity, among many other things. There are a lot of different things to consider, but we can provide you with a lot of education when you purchase a home with us.
We want to find you a good home at a great price, and right now is a great time to buy if you're looking for both of those things. Please don't hesitate to reach out to us with questions, we're sure if you're buying a home for the first time that you'll have quite a few things to ask us. We're here to help!