first time home buyer bend oregon

Buying a home is one of the most exciting things that anyone will ever do, especially for the first time home buyer, because, they are finally deciding to make the step towards home ownership after years of renting and not owning a home of their own, but with the step towards buying a home comes typical first time home buyer fears, but the good thing is that these fears can be easily conquered.

Is Buying A Home Really A Good Investment?

Yes, buying a home in Bend Oregon or elsewhere in the United States is a good investment because, home values are only continuing to rise and there really isn’t a better investment than Real Estate that will enable you to build equity as well as cash flow in a short period of time.

How Do I Know That I’m buying The “Right” Home for Me?

Good question! Before you buy a Bend Oregon Home you should sit down and know exactly what you’re looking for in a home. For example: bedrooms, bathrooms, square footage, amenities and location then once you have your list of what you’re looking for you should hire a Bend Oregon Realtor to help you find a home that matches your buying criteria so you can have complete confidence that you will be purchasing a home that’s perfect for you and your family in every way.

What If I Don’t Pre-qualify For A Mortgage?

Many home buyers fear that they won’t pre-qualify for a mortgage loan but the reality is that you will never know if you’re going to pre-qualify until you apply for one. Before taking the step towards applying for a mortgage loan make sure that you make the effort to pay off any nagging debts or bills because, your lender will want to see that you’re responsible and have a good debt to income ratio.

I Don’t Think I have enough for Down Payment

Thanks to the day and age that we live in there are many great programs out there via organizations like HUD and FHA that will enable you to get into a home without having to pay a lot of money for the down payment so before giving up on your dream to buy a home because you think you don’t have enough for down payment make sure that you consult with your lender and have them offer you a complete breakdown of all the expenses you can expect to pay in order to get into a home.

For more information on what to expect when buying a Bend Oregon Home for sale, or to view the latest homes for sale in the area, contact me today by calling (541) 383-1426.