WARNING. If someone contacted you to buy a franchise from RealtyNow, do NOT give them money. They are NOT affiliated with RealtyNow - they are criminals.
ADVERTENCIA. Si alguien te contactó para comprar una franquicia de RealtyNow, NO les dé dinero. No están afiliados a RealtyNow, son criminales.

How to Buy a Home

Buying a home is one of the most significant financial decisions that you will probably ever make in life. If you’re contemplating of entering the wonderful world of homeownership for the first time, make sure you are prepared.

Steps to Buying a Home

From figuring out your credit score requirements and mortgage options to finding a qualified realtor, there's a lot to learn. Before jumping the gun there are a number of things you should check before buying a home.

As you search for financing and the right house, make sure you have a good credit score, minimal debt incurred and enough cash to make a down payment. This way you will make yourself as attractive as possible to lenders once you’re ready to get a loan. These are just some of the first steps to buying a home.

Find some more helpful articles on how to buy a home below:

First Time Home Buyers

If you’re planning on taking the plunge into homeownership, there is plenty of advice for first time homeowners out there that you should keep in the back of your mind before you begin the process. Remember that the expenses don't end after the initial purchase, that's only the beginning!

first-time-home-buyers

There is no better feeling than turning the key in a lock that no landlord has access to, or painting a kitchen with whatever bright color you desire, homeownership offer all sorts of freedom and privilege that renters never get to enjoy.

Having said that, there are costs to know about, questions that need answers, and practical concerns to be dealt with to make your first abode a place of comfort, serenity, and financial security.

Should You Rent or Buy a Home?

Are you a renter who dreams of buying your own home, or a homeowner who is drawn to the perks of renting a place? The age-old debate of whether to rent or buy a home may be weighing on your mind if you find yourself fresh out of college or under tight budget.

Learn more about Advantages of Buying a Home
Learn more about Advantages of Renting a Home

Financing a Home

First time home buyers can be overwhelmed by the steps and process of home financing. Knowing the basics and sticking to the guidelines can help you save a significant amount of time, effort, and money.

Before you decide to go with a particular property in a neighborhood you like, you have to take a look at your finances not only to ensure you are getting the mortgage that best suits your needs but also to prove to lenders your capacity to make on-time payments. Make sure you are somewhat familiar with the terminology you'll be hearing when entering the world of home financing. Watch the video below for a brief explanation of some of the terms you should know:

Having a good mortgage broker or mortgage banker to back you up can reduce the difficulty of sorting through all the financing options. There's no shame in enlisting help with this very difficult and important decision.

More helpful articles on Financing a Home below:

Find a Home That’s Right For You

Homebuyers, first-timers and existing owners alike, will agree that maybe the most difficult step in the home buying process isn't saving for a down payment or getting a mortgage— it’s finding the right property to buy.

There are pros and cons to each type of home but ultimately the one that will fit you and your family best should be a home that you can picture yourselves living in for at least a few years. It may take some time to find a home that’s right for you, and that’s okay, but don’t forget to do your research and ask for as much advice as possible.

Learn more about Finding the Right Home Location
Learn more about House Hunting Online

Buying a Fixer Upper

There is no middle ground when it comes to buying a fixer upper home. It’s either a complete nightmare, inundated with unexpected costs and disasters, or an extremely affordable home with lots of hidden potential.

Learn more about What is a Money Pit?

Buying a For Sale By Owner (FSBO) Home

Homes listed as FSBO or "for sale by owner" are homes that are sold directly from the homeowner without the use of a real estate agent. There are advantages and disadvantages to going this route but it is important to remember that buying a home without any professionals present can entail more risk.

Learn more about FSBO: Pros and Cons of Buying Direct from Homeowner
Learn more about Should you Buy an FSBO Home?