By Jason Boone
In the Real Estate world, May 1st typically is symbolic of the start of the Spring Season since more people will be thinking about buying Bend Oregon Real Estate, or selling.
If you plan on buying a home in Bend Oregon here is an “action plan”, or things you need to do if you’re a first time home buyer.
#1 – Check Your Credit Score
Before visiting a mortgage lender it’s a good idea for you to check your credit score since this will enable you to know without a doubt if your credit score is ready for you to apply for a mortgage loan or not.
Tip – When checking your credit score you might find old bills which went to collections on your credit report, or items that are just downright false; it’s best to deal with these items BEFORE you apply for a mortgage loan since this will help you to boost your credit score and get the mortgage loan you deserve.
#2 – Get Pre-Approved For a Mortgage Loan
Instead of getting pre-qualified for a mortgage loan (like everyone else), it’s best to get pre-approved for a mortgage since pre-approval means you will know the exact amount of money you can spend and this will help your agent find a home within your budget.
#3 – Decide How Much Money You Want To Spend Monthly on a Home
Home ownership doesn’t just encompass your monthly mortgage payment, you have to also think about your principal amount, interest, property taxes and homeowners insurance which you may have to pay.
Besides the regular expenses with owning a home, you will still also have to pay your bills and cost of living so it’s best to think about what you can REALLY afford before you begin shopping for a home.
Buy Bend Oregon Real Estate
To get started with buying Bend Oregon Real Estate contact me, Jason Boone, Principal Broker with Duke Warner Realty | Skjersaa Group by calling me at (541) 383-1426 or click here to connect with me through my website.