I’m interested in Home Ownership…
but, I don’t know if I can afford it.
but, I don’t even know where to start.
and I’m ready to start my journey!
Can I afford a home?
Homeownership is an American dream, but how do you know if you can afford a home?
What to expect
If you are a first-time home buyer, you may qualify for first-time home buyer programs depending on your financial situation.
It’s a good rule of thumb to save a minimum of 10% when purchasing a home. This should cover your down payment + closing costs if you qualified for an FHA or Low Down Payment Conventional loan program.
It’s also important to have extra reserves set aside for expenses once you close on your home.
Examples of expenses:
Moving expenses
Unexpected repairs
Furniture & Utilities
Home improvements
Our expert sales agents can help walk you through this journey and connect you with a local lender for guidance and support.
Agent Support
A dedicated sales agent to help you through your entire journey.
Lender Support
Our local lender partner will help you get pre-approved for a home loan.
Credit Support
We offer support in credit repair if needed.
Quick Qualification Guide
Steps to buying your first home
When you work with us, we’ll walk you through every step!
01. Get pre-approved
- Check your credit score
- Reach out to your lender
- Prepare your financial documents
02. Save for a down-payment and closing costs
- Map out your budget
- Consider other home-related expenses too!
03. Connect with a dedicated Sales Agent
Call 903.462.0282
04. House hunting!
- Find a neighborhood you like that fits in your budget
- Create a list of needs, must-haves and wants
05. Negotiating the offer
- Negotiate with respect
- Negotiate other costs/terms
06. Escrow process
- Get the house inspected by a licensed Home Inspector
- Prepare for any additional documents needed by the lender
07. Closing & After-closing
- Perform a final walk-through of the home
- Bring closing documents
- Turn your house into your new home 🙂
Connect With An Agent
Contact
Hours
Mon – Fri: 8 am – 4 pm
Sat: By appointment only
Sun: Closed