3 Questions to Ask Before You Buy Your First Home in Southern California
Hunting for your new home can be a confusing process. There are countless factors you need to take into account to ensure your new location fits your family’s lifestyle and preferences. In their excitement, first-time home buyers can easily overlook some essential points about their potential property. When you’re searching for your new residence, ask these questions to get exactly what you’re looking for. Am I Financially Ready For A New Home Purchase? It takes more than money to find the right home. Your credit rating is an important factor in your ability to secure enough funding to finance your dream. Check out your credit score before you buy to make sure you won’t have to settle for less. Some of the things you have the greatest control over include: Payment history Credit utilization ratio Debt-to-income ratio Even with a large down payment, having a questionable credit history can endanger your chances of qualifying for mortgage loans. Spend some time shin