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This is Thomas Feng with Bay Area Connect. With the Spring Real Estate season coming soon a lot of sellers are prepping their homes to put out on the market. This also means that many buyers are also preparing to start looking at homes again. For most first time home buyers buying a home will be the largest purchase they have ever made in their lives. How does a buyer know whether they are ready to buy a home or not?
Questions we will be discussing include:
-Current Interest Rates for Loans
-What are the 5 questions every buyer must ask themselves before looking at homes?
-What is the most important question a buyer needs to ask themselves?
-What does long-term debt mean to a loan processor?
-What is the average amount put down for a down payment?
-What steps should you take to insure you are ready to buy a home?