Do You Have These 4 Home-Buying Habits?

What is your largest expense in your lifetime?

It's your housing costs. Yes, your housing costs are your largest expense you will have in your life.

How do you fix your housing costs? You need to own your own home.

Dave Ramsey one of the nation's largest talk show hosts teaches people to be debt free and to pay off their homes. I work with Dave Ramsey as his top Endorsed Local Provider (ELP) here in Orange County working with buyers, sellers and investors. I work with those that reach out to Dave Ramsey for the top Realtor's in Orange County.

We know that buying a home can come with its ups and downs. For buyers, sometimes it works out and sometimes it doesn’t. For those homebuyers who end up getting the home of their dreams, there are a few habits they all have in common.

I wanted to share four common habits successful homebuyers all have and that you should take on if you're going to become a homeowner.

#1 ​Indulge in Savings. 
Not Coffee!

Saving for a down payment is one of the most important habits or steps you can do when trying to buy a home. Get into the habit of skipping your daily coffee purchase or try cutting your cable to save.

#2 Create a "Home Savings Account"

Take that money you’re saving from cable, coffee, or lunch and put it directly into your home savings account. That’s right: open a savings account that’s just for your down payment.

#3 Test Drive Homeownership

Nothing will get your mind and bank account in shape like a trial run. Each week, set aside money for various homeownership bills. Separate funds for your mortgage payment, home maintenance, etc. This trial will help you get in the right mindset for homeownership.

#4 ​Don’t Miss Payments 
​(Know your Credit Score) 

One of the most important steps and really the only way you can buy a home is if your credit score is in good shape. Make sure you pay every bill on time and pay extra on credit cards if you can.

Buying a home is a huge step in life. It doesn’t matter if it’s your first home or your retirement home - it’s essential to get your mind and your bank account ready. I can help you every step of the way. Contact me today. Let’s talk about your future home.

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