If you’re buying your first home you need to see this

October 08, 2020 | COVID-19 Support, Mortgages, Advice

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Buying your first home can be an exciting—but stressful—time. We recently asked a panel of experts to answer some of your top questions about purchasing a home. From mortgage experts to realtors to fluctuating interest rates, get an inside view of how to survive buying your first home with a smile.

Some quick tips:

  • Be patient. Home buying is a process that can be emotional, exhilarating, and frustrating all at once, but it’s worth it.
  • Before you start browsing for your dream home, meet with a mortgage expert to determine where you stand financially and what you can afford.
  • Use a realtor. They will help you navigate the process and as a buyer their counsel normally won’t cost anything. They’ll save you a lot of heartache and confusion.
  • When your offer gets accepted, you’re going to need a lawyer. They’ll be your best friend when dealing with contracts, conditions, and other things you didn’t go to law school for.
  • There can be a lot of unexpected costs, from legal fees to deed transfers so make sure to plan.

Want to learn more? Watch the full video and get in touch with a credit union today.

< Back to all articles | COVID-19 Support, Mortgages, Advice

Have a specific financial question? Contact your nearest credit union.

We know the COVID-19 pandemic is causing concern and uncertainty for us, our members, and the communities we serve. These are unprecedented times and it is a new and uncertain reality for all of us. Our top priority is helping to ensure the well-being of all concerned while continuing to meet the banking needs of our members. Below you will find news, updates, and useful information to help you with your finances at this time.

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