Tips for BuyersBuying Your First Home and Mistakes to Avoid
Figuring out how much home you can afford, hiring the right buyers agent and being ready to negotiate are a few ways to make the process less stressful.
A difference of even half a percentage point can mean a huge savings over the life of a loan. For example, the difference in the monthly payment on a $100,000 mortgage at 8 percent vs. 7.5 percent is about $35 per month. Over 30 years, that's $12,600.
The first step is to select a professional to help you find your dream home and fine-tune your financial expectations. Working with a buyer agent is worth consideration since he or she is legally responsible for representing the buyer's interest in a real estate...