Kettelhut Real Estate Logo
Our Agents Hours & Location
Steve: (402) 300-0547 Scott: (402) 300-2659 Megan: (402) 443-6008
Kettelhut Office: (402) 729-3060
7 Reasons to Own Your Own Home
5 Common First-Time Homebuyer Mistakes
10 Tips for First-Time Homebuyers
10 Steps to Prepare for Homeownership
10 Things to Take the Trauma Out of Homebuying
10 Steps to Prepare for Homeownership  
  1. Decide how much home you can afford. Generally, you can afford a home equal in value to between two and three times your gross income.

  2. Develop a wish list of what you'd like your home to have. Then prioritize the features on your list.

  3. Select three or four neighborhoods you'd like to live in. Consider items such as schools, recreational facilities, area expansion plans, and safety.

  4. Determine if you have enough saved to cover your downpayment and closing costs. Closing costs, including taxes, attorney's fee, and transfer fees average between 2 percent and 7 percent of the home price.

  5. Get your credit in order. Obtain a copy of your credit report.

  6. Determine how large a mortgage you can qualify for. Also explore different loans options and decide what's best for you.

  7. Organize all the documentation a lender will need to preapprove you for a loan.

  8. Do research to determine if you qualify for any special mortgage or downpayment-assistance programs.

  9. Calculate the costs of homeownership, including property taxes, insurance, maintenance, and association fees, if applicable.

  10. Find an experienced REALTOR® who can help you through the process.



Reprinted from REALTOR® Magazine Online by permission of the NATIONAL ASSOCIATION OF REALTORS®
Copyright 2005 ©. www.REALTOR.org/realtormag

 


This data was last updated on Mon Dec 10 14:57:19 EST 2018. The data is subject to change or updating at any time without prior notice. The data is deemed to be reliable but no warranties of any kind, express or implied, are given. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is provided in part by the Internet Data Exchange (IDX) program of the Tri-County Board of Realtors┬«, Inc. The listing firm is identified in the detailed listing information. Copyright © Mon Dec 10 14:57:19 EST 2018 Tri-County Board of Realtors ®, Inc.
© Kettelhut Real Estate, Mon Dec 10 14:57:19 EST 2018. All Rights Reserved.
515 E Street
Fairbury, Nebraska 68352
Phone:  (402) 729-3060
Contact Us  |  Hours & Directions