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Ready
to
Buy?
The
foremost
thing
one
needs
to
think
about
before
buying
a
home
is
the
amount
of
money
one
has
to
put
towards
the
total
cost of
the
property
they
are
interested
in.
Sound
confusing?
It's
actually
very
simple
to
understand.
The
amount
of
money
one
has
saved
is
completely
relative
in
that
the
percentage
of
the
overall
price
of
the
property
that
you
put
down,
lowers
your
monthly
mortgage.
In
other
words:
MORE
MONEY
DOWN ,
LOWER
THE
MORTGAGE
EVERY
MONTH.
SAVE
YOUR
MONEY!
Instead
of
percentages
and
numbers,
below
are
some
things
you
might
want
to
consider
when
you
are
thinking
about
making
the
switch
from
renter
to
owner.
Save,
Save,
Save.
Tired
of
Renting
but
have
no
money
to
put
down
on
a
property?
Save,
save,
save.
Credit
Cards. You
can
save
thousands
of
dollars
a
year
in
credit
card
charges
if
you
pay
your
entire
monthly
bill
each
month.
Quit
buying
things
you can't
afford
in
a
one
month
cycle.
Car
Payment.
Lower your monthly car payment by refinancing
or pay it off. Be brave, sell your car get
something cheaper, lower you car payments.
Checking.
Switch
to
a
bank
that
offers
free
or
low
monthly
checking.
Utilities. Make
sure
the
appliances
you
use
in
your
home
are
energy
efficient.
Check
with
you
local
service
provider
and
make
sure
your
telephone
plan
is
the
best
one
for
you.
Other.
Cut
coupons!
Sounds
simple
but
it
works.
Make
an
appointment
with
a
lender.
Get
to
know
the
loan
process!
Start
to
look
around
and
understand
the
loan
process.
There
are
many
great
websites
with
mortgage
calculators
that
will
allow
you
to
input
actual
figures
so
that
you
may
get
an
approximation
of
what
your
mortgage
will
be.
Make
an
appointment
with
a
lender,
or
again
use
the
online forms
to
see
if
you
can
be
approved.
There
are
many
great
deals
for
first
time
buyers,
so
don't
rule
out
government
loans.
Other
things
to
think
about.
Moving
Expenses.
Property
Tax.
Homeowners
Insurance.
Current
Interest
Rates.
Home
Appreciation.
Furniture.
Make
a
List
Start
to
think
about
you
want
in
a
home.
Write
down
the
benefits
to
owning
your
own
home.
What
amenities
do
you
require?
For
example:
-
Freeway
Access
-
Garage
for
my
car
-
Basement
or
Deck
-
Bathroom
attached
to
your
bedroom
-
Big
Kitchen
vs.
Medium
sized
living
room
-
Big
Living
Room
vs.
Medium
to
small
sized
kitchen
Choose
a
Realtor.
Start
"interviewing"
Realtors.
Choose
someone
who
seems
highly
motivated
and
has
experience
in
the
areas
you
consider
significant.
It
is
also
important
that
the
Realtor
is
on
top
of
the
latest
technology
for
helping
you
find
exactly
what
you
are
looking
for.
More
resources
means
more
success
in
finding
the
perfect home.
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