New Year’s Resolutions for Homebuyers
Thinking about buying a home in 2023? Add these resolutions to your list.
1. Check your credit score. This number is essential to landing a mortgage, so it’s important to know where you stand. Many credit card companies and banks allow you to check for free!
2. Pay down debt. The amount of debt you hold affects both your credit score and the amount you are eligible to borrow. The less you owe at the time of purchase, the better!
3. Save up for a down payment. The more you can offer, the more options you’ll have—but don’t forget to set some money aside to cover closing costs and moving expenses.
What else do you need to do to prepare for a home purchase? Reach out for a free consultation.