For most people buying a home is the biggest financial transaction of their lives. So there is good reason getting your finances in order tops everyone's list of first steps. But where do you start? Here are some tips to guide you in the right direction.
Do you work for yourself and want to buy a house? You're in luck! While it's not always as easy to get financed when you're self-employed, it's not impossible either especially if you know where to start. More than 10 percent of all workers in the United States are self-employed, and lenders and sellers aren't ignoring them completely. Our real estate agents are here to help all home buyers in Las Vegas and that includes those who work for themselves. You just have to counteract potential disadvantages by planning ahead, coming prepared, and documenting everything.
Before you commit to a lender or make that first bid, here are some simple steps you can take to improve your chances and reduce your risks:
Let's face it: no one wants thirty years' worth of debt. Interest adds up, and mortgage payments take up a big chunk of your family's budget each month. However, when you sign on the dotted line, you don't actually have to spend the next three decades locked into that contract. At Wardley Real Estate, our real estate agents know how important it is to take control over your future finances, from moving into a new home to moving up your payoff date. That's why we want to share some of our favorite ways to pay off your mortgage early.
While you're looking at homes in Las Vegas, make sure you know how to plan ahead and make smart mortgage choices that will speed up the repayment process. These tips are a great place to start: