Building equity is important for everyone, no matter if you are male or female. Single women home buyers face challenges, but no challenge is big enough to stop them from achieving their home buying dreams and increasing the value of their homeownership in a timely manner. First Ohio Home Finance wants to help you start achieving those goals as soon as possible, here are a few tips to get started.
Can you afford to buy a home? Is your credit score strong enough? Do you have enough for a down payment and closing costs? These are questions to ask yourself before you start shopping. Affording a home means more than making a mortgage payment. It also includes paying taxes, insurance, repairs and maintenance, utilities and possibility HOA dues and other fees. It is important to research these hidden fees and find out if you can afford them. Our mortgage calculator can help you answer some of those questions!
If saving for the down payment is an issue, our Loan Officers are here to find the right loan for you. They will also help you get pre-approved. This will give you a competitive edge when you go to buy a home and sellers will respect your offer more with a mortgage pre-approval.
You want to love the home you purchase. There may be things you love about the house and things you aren’t in love with but willing to work with. When looking at home, focus on the potential profit. As much as we want these homes to be forever homes, it usually does not happen that way. New jobs, kids, pets and many more circumstances could affect the amount of time you spend in a home. When it comes time to […]