6 things you must do before buying a house

by Chris Gottschalk, First Alliance Credit Union

How do you know if you’re ready to buy a house or not? It’s a good question, but the reality is that there’s no one right answer. Whether you’re ready to buy a house or not depends heavily on your financial situation, the house you want to buy and even the type of mortgage you want to take out.

However, there are some steps everyone should take to prepare to buy a house. Once you’ve completed all these steps, you should be financially ready to start your house hunt.

Check Your Credit Score

This is quite possibly the most important thing you can to prepare for home buying. Having a good credit score will not only determine what kind of mortgage rate you can get, it will also determine whether you can get a mortgage at all.

 

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