After having moved my wife away from her hometown for several years, we decided it was time for her to return and began our move. One of our goals was to buy a home and settle in for a long time.
Unfortunately, it was hard to find good homes in the area for sale that had not been damaged during the hurricane a few years ago. It made it very hard for us to find a home we could afford.
It did not seem that our Realtor was working very hard to help us, so we contacted a new Realtor. The best suggestion that this Realtor gave us was to check into a first time home buyers program that was being run by the local government.
We did and found out that we were eligible for a low interest mortgage and a four percent of the sales price grant. This allowed us to increase our budget.
We went out looking at homes armed with our new budget. Only a half a mile from the house my wife grew up in, we walked into a home that was for sale. From the moment we walked in, we knew we had found our home. It wasn’t perfect, but neither were we. It had a great feeling and was in the neighborhood that we thought we could not afford.
We placed the offer, got the home and moved in. Thanks to our Realtor understanding the needs of a first time homebuyer, we were able to get a lot more house than we ever thought possible. It pays to not give up.
Understanding how credit scores work is the beginning of the mortgage process. Know your credit scores before you apply for a mortgage. Many free details found on this page.
