Buying a house is a life-changing process that requires lots of upfront financial planning.

When looking for a home, keep certain factors in mind, including your financial situation, types of available loans, your credit score, the price of the house and your down payment so you can navigate the process smoothly.

Your Financial Situation
Before you buy a house, make sure that your monthly budget can handle such a large expense. Unless you’re one of the few people who can pay cash for a home, you’ll likely be paying it off for 15 or 30 years, depending on the length of your loan.

Click Here for the rest of the story…

By Cheryl Knight

Black-Diamond-250-x180

307 Canoe Ct. Redwood Shores, CA

(925) 337-7303
CaBRE#01744648

All information provided is deemed reliable but is not guaranteed and should be independently verified. This website and its affiliates make no representation, warranty or guaranty as to accuracy of any information contained on this website. You should consult your advisors for an independent verification of any properties or legal advice. Jeff Dunaway, Realtor® fully supports the principles of the Fair Housing Act and the Equal Opportunity Act.

US AverageMortgage Rates
30 Year Fixedloading...
15 Year Fixedloading...
5/1 ARMloading...