First time homebuyers...Ready, get set, go!!

First time buyers are you ready? First step in buying a home is to get pre-qualified by a lender of your choice.  This way you know exactly what price home you can afford, and how much it's going to cost you.  Many first time buyers are surprised to find out they have to have more than just the down payment.  There are costs for the loan, costs for escrow, title fees, and home inspection costs.  It's your loan officer's responsibility to give you a 'Good Faith Estimate', so you know exactly how much money you will need.

Once you take this step, you are set to go!  Go find the perfect home for your situation.  With today's interest rates being so low you might be surprised how much home you can buy, and be paying less than rent!  Remember once you decide on a property to have a professional home inspection.  If you need a qualified inspector for Orange County check out www.alerthomeinspection.net.  Owning a home is a big responsibility so you want to know if there are any serious issues with the property that might cost you alot of money, or could even affect your ability to resale the house.

Come back for more tips!