Davidson Realty, Inc.

Buying your first home? Get started in 3 steps

May 7, 2019

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Posted by in Agent Feature, News

 

Whether you are newlyweds starting out, a single person, or an established family, buying your first home takes preparation.  Where do you start?

 

First, you need to figure out what you can afford. If you are currently renting, use your monthly rent payment as a basis for what you’ll want your monthly mortgage payment to be. Often, you will pay less for a mortgage than rent, but there are a few extra costs in owning a home versus renting (property taxes, maintenance, etc.). A Realtor can help you determine those and other costs ahead of your home purchase.

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