If you are hoping to buy your first Chetek home in the future, now is the time to put a plan together. Here are 5 steps to help make your home buying dreams a reality!
1. Check your credit. See our prior blog posts for information about obtaining your credit history, and how to verify and improve your credit score.
There isn’t an easy cure for bad credit, so the sooner you check it, the better.
2. Reduce your outstanding debts. If you have numerous monthly debt payments, it’s hard to save for a down payment. Your debt levels also affect your ability to qualify for a mortgage. Paying down debts will save on interest costs, too!
3. Start an automatic savings plan, through a payroll deduction or scheduled bank transfer. A modest amount is better than none. Increase your savings deposits as your budget allows.
4. Think about what you need in a home, and where you would like to live. List your priorities and preferred locations. Give yourself a realistic timeline for home buying.
5. Contact Six Lakes Realty to discuss your home buying plans! We will provide you with local market information, lender referrals, and complete guidance throughout the home buying process.
Ready to find your new Chetek home? Let us help! Six Lakes Realty is a locally-owned family business with over 40 years of experience. Call us today for friendly, hometown service!
John
Flor
Managing Broker
Six Lakes Realty
Office: (715) 924-4806
Email: john@sixlakesrealty.com
