In this first time home buying tips blog series, I’m going to cover some important steps to take care of as you get ready to buy a home. Buying a home in Northern Virginia has become possible for more and more people, thanks to things like historically low interest rates and zero down loans. But just because you can technically afford to buy a home, does this mean it’s always the right decision?
First Time Home Buying Tips – Do You Have Enough Money Put Aside?
Are you living paycheck to paycheck and finding it difficult to put any money aside for a rainy day? If so, the timing might not be the best to buy a home. Here are a few first time home buying things to keep in mind as your saving for a home.
- Down Payment– However, if you qualify for a zero down loan, you won’t need to save for a down payment
- Closing costs – Your closing costs as a homebuyer in Virginia will range from around 2.5% to 3% of the sales price. However, seller subsidies are common in Northern Virginia. With a seller subsidy, the seller pays for some or all of your closing costs at Settlement…
Email me at DarrenRobertsonHomes@gmail.com for a list of the top 10 homes you can buy for zero down in the Northern Virginia neighborhood of your choice! Also ask me for my report on the top 10 first time home buying tips in Northern Virginia!