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How do I go from renting to owning?
I'm hoping to buy a place in a couple years. Currently I rent. How do I go from renting to owning?
Asked By Damien | i don't know, FL | 257 views | Buying | 1 year ago
Answer(5)
Lynne Pruell
Realty 100 LLC
Start saving a down payment
Check your credit score
Get pre-approved for a mortgage
Find a real estate agent
Go shop for a home!
- 1 year ago
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Nicole Parker
Dennis Realty & Investment Corporation
Definitely speak with a Realtor in your area. They will be able to advise you on the steps towards home ownership including recommendations for lenders you could work with. Then speak with a lender to see where you are at as far as credit score, and buying power. They can tell you what steps you will need to take to get to a position to buy, how much you should have in savings for a down payment and closing costs, and any other issues you may have to work through on your credit. Once you have taken care of all of that, and you are ready to go call your Realtor and they will help you find the perfect home for you! Good luck!
- 1 year ago
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Gitta Urbainczyk PA
Gitta Sells & Associates Keller Wiliams Heritage Realty
The first step is to speak to a mortgage professional. They will analyze your situation and give you advice on what you should do to get to home ownership.
- 1 year ago
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Debra Stack
Jones & Co. Realty
Hi Damien, what you can be doing during your renting years is save money for your down payment and closing costs, and get pre approval ready by working on your credit score if needed.
- 10 months ago
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Brianna Alfaro
Dalton Wade Inc
Damien! Step 1: Find an Florida Realtor
Step 2: Have that Realtor direct you to a lender that can fit your needs
Step 3: That Lender will either give you a pre-approval OR guide you on what you need to do to obtain a preapproval
Step 4: SHOPPING!
- 1 year ago
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