5 Things to Consider Before Buying a Home

1) Know your credit.
Before you start your home search, it is a good idea to order your credit report and review it for accuracies. If you decide to pay off some items on your credit, it's smart to pay off the smallest balances first.

2) Know how much home you can afford.
Especially on your first home, don't try to overdue it and buy the biggest or fanciest home. Make sure that your monthly mortgage payment is affordable given your monthly income.

3) Do your research.
Research various loan programs, your local real estate market, home basics, and mortgage lenders. Make sure you understand these concepts.

4) Get pre-approved.
Once you're ready to buy and are knowledgeable enough to make a good buying decision, shop around for the best loan that fits your particular needs. Don't just consider the quoted interest rate; also consider closing costs and the terms.

5) Be smart in your house hunt.
Don't get carried away by the asthetics of the home, especially if you're a first-time homebuyer. However, look at other factors that may affect your property's value and future selling attractiveness. Also pay attention to a good, growing neighborhood, school districts, local tax rates, and flood zones.

Contact:

Fabiola Fleuranvil, MBA
Re/Max Marketplace
(404) 437-0078
http://www.atlhomeforsale.com/
info@ATLHomeForSale.com