Considering becoming a first-time homeowner? Real estate purchases can seem overwhelming, but each step is a cog in a machine that’s designed to protect you and all the parties involved with the sale. With the guidance of a trusted real estate professional, there’s nothing to be apprehensive about!
Here are our top tips for first-time homebuyers:
While mortgage down payments can be as low as 0%, do be sure to have cash on hand for other fees beyond your down payment: depending on your contract, closing costs, inspections, and move-in costs could require a little liquid cash.
Choose the right mortgage option: you may have the option of several types of mortgage– Conventional, USDA, VA, etc. — so be sure to choose one with the terms that fit your situation best!
Use a professional! Having an experienced real estate professional in your corner can save you time and money, and give you confidence that you are making a great decision for yourself and your future!
from Utah Homes and Land For Sale