Process Of Buying A Home

1163 Words Dec 2nd, 2015 5 Pages
Process of Buying a Home In the United States, buying homes is the part of the American dream and is a main focus for many families. Being home owners show the endeavors of hard working. In the past, the signs of “Bank owned” and “Foreclosure” catch the people’s awareness. However, people could prevent losing their homes if they have been well-prepared. Is losing homes the reason that people should have strategies before buying homes? The answer is yes because I had been successful buying a home and had been well informed before buying my home. For future home buyers, there are three main important steps that they should follow for easier process and keep their homes for lifetime. The first important step to buy a home is the home buyer should be considered about financial fit. Former people said, “Don’t do something that go too far our ability because you may have problems in the future,” indeed, home buyers should consider this statement as an experience before ready to buy homes. In the general, home buyers decide what kind of the houses that they are interested in and fit their income such as condominium, townhouse, and single house, etc. because each kind of home has different value so that has different prices. Also, earning credit scores is as well as possible for home buyers because potential buyers’ credit scores relate to the home loan interest rate. A person earns lower loan interest if he or she has about 620 and higher credit score, contrary to a person has…

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