Thinking of purchasing a new home, but not really sure how to get started?Today, we are sharing the first steps you should be taking to prepare for buying your first home!STEP ONE: GET YOUR FINANCES IN ORDERHaving a pre-approval letter is the first step in purchasing a home. For proof of funds(cash), you'll need to call your banker. For a pre-qualification letter, you'll need to talk to a mortgage lender. Most lenders recommend not buying a house that costs over 3 to 5 times your annual household income. This way, ...
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