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Tim Guilliams Team Blog

By Tim Guilliams | Agent in 29732

Time To Get Off The Fence



If you think you are ready to become a homeowner ask yourself the following questions.

1.  Have you researched the market?  Knowing what homes are selling for in the area can help you determine how much you should plan to spend.

2.  Do you have sufficient savings to cover down payment and closing costs?  Expect to have 3% - 20% of the sale price in the bank to cover your down payment, plus another 2% - 7% to cover closing costs.

3.  Do you know how much home you can afford?  A mortgage payment should not exceed 25% of yur gross monthly earnings.  A home that sucks up more than a quarter of your income may lead to financial difficulties.

4.  Is your credit report accurate?  Inaccuracies on a credit report can cost you higher interest rates.  Request your credit report from all three nationwide credit bureaus and report mistakes immediately.

If you answered yes to all these questions - you're ready to consider buying! 

Let The Guilliams Team help you find your dream home today!

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