My wife and I are just starting the process of looking into getting our first house (great timing, yeah, I know) and, while I’ve bought several cars, home buying seems like a totally different ballgame, and, admittedly, I’m pretty ignorant on the subject.
Obviously, we’re going to need to borrow the vast majority of the money to buy a home.
I know we have a lot of homeowners here, and, I’m quite sure that many of you guys have bought and sold multiple homes.
So, any advice on the subject is appreciated.
I am a member of a local credit union. Would it be a good idea to apply and get pre-approved for a mortgage for up to a certain amount?
Anyone know some good websites that would provide some objective, unbiased information about mortgages and home buying? I’ve looked a little bit, but many sites are just wanting me to enter my information and apply for a mortgage.
I don’t want to apply for a mortgage through a bunch of different banks - I just want a source of objective information about the ins and outs of mortgages and home buying.
It seems to me that there is a lot of hype and “conventional wisdom” surrounding home-buying, a lot of which may not be accurate. My wife and I want to educate ourselves.
I know a lot of people’s first step is contacting a realtor. I’ve never dealt with a realtor, obviously, and I’m well-aware that they would naturally have an interest in steering potential buyers a certain direction, for their own benefit. I realize that they’re in it to make a profit, which is fine. I don’t have a problem with that. I’m just not interested in having one make his year on me!
Thanks guys.
Obviously, we’re going to need to borrow the vast majority of the money to buy a home.
I know we have a lot of homeowners here, and, I’m quite sure that many of you guys have bought and sold multiple homes.
So, any advice on the subject is appreciated.
I am a member of a local credit union. Would it be a good idea to apply and get pre-approved for a mortgage for up to a certain amount?
Anyone know some good websites that would provide some objective, unbiased information about mortgages and home buying? I’ve looked a little bit, but many sites are just wanting me to enter my information and apply for a mortgage.
I don’t want to apply for a mortgage through a bunch of different banks - I just want a source of objective information about the ins and outs of mortgages and home buying.
It seems to me that there is a lot of hype and “conventional wisdom” surrounding home-buying, a lot of which may not be accurate. My wife and I want to educate ourselves.
I know a lot of people’s first step is contacting a realtor. I’ve never dealt with a realtor, obviously, and I’m well-aware that they would naturally have an interest in steering potential buyers a certain direction, for their own benefit. I realize that they’re in it to make a profit, which is fine. I don’t have a problem with that. I’m just not interested in having one make his year on me!
Thanks guys.