Life: First time home buyer experience, part I


We have moved in to our new place!  

Don't plan to write a whole novel on the experience but would like to process the experience by sharing a few observations on the process in some blog posts.

Step one:  look over your finances.

Given the amount of time, effort and funds, purchasing a home is quite a process since most of us aren't swimming in dollars!  Most banks have first-time home buying educational web pages that help you figure out key financial questions: What will be your monthly expenses will be?  What kind of downpayment you will need?

Identify a lender you will likely get a mortgage from and get pre-approved.  That letter helps the seller take you more seriously.

Step two:  figure out where you would like to live given the financial constraints you identify from step one and start looking at places and neighborhoods.

Here is where a realtor could be helpful.

We worked with Glenda Lousignont.  She knows the part of Los Angeles County we were interested in. 

Mrs. Rambler and I give a big thumbs up to Glenda for her efforts in showing us places and answering our many questions!

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