Poasted by Nick Douzenis in May 07/2021

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A Guide to Buying Your First Home

Save for a Down Payment and Other Expenses.
Save For Closing Costs.
Prepare Your Finances.
Get a Mortgage Pre-Approval.
Finding the Best Mortgage Rate Before Buying Your Home.

Types of Mortgages.

Research First-Time Home Buyer Incentives. Start House-Hunting! Save For Closing Costs
While saving for a down payment should be a top priority, put aside some money (generally 1.5 to 4% of the home purchase price) to cover future closing costs.
These are legal and administrative fees paid at the closing of a real estate transaction and generally range from 1.5% to 4% of the selling price. It is important to save for these expenses in advance to buying a home, so you’re not in the red when it is time to close on your home.