Buying a House — New, Resale, Credit Worthy, Budgeting

The big things to consider when buying a home. A new construction home, a resale, your credit worthiness and what your home life budgeting will be like.

https://www.youtube.com/watch?v=8BRecLy0vJY

If you feel you have strong credit, get ready to take the plunge by going through the first step of buying a home (it is similar for a resale as it is for a new construction). That is, someone like the person below, sits down with you and go over your ‘records’ to check that you qualify for a long term loan (called a mortgage) to pay for the rest of your home after the down payment you have already saved.

https://www.youtube.com/watch?v=CIEfCquLGzg

(15% is your monthly mortgage payment as a ratio of your monthly pay)

https://www.youtube.com/watch?v=MeN33UQYszw

 

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