: Your score directly impacts your interest rate. Review your credit reports from all three bureaus for free at AnnualCreditReport.com to fix any errors before applying. House Hunting & Property Health
“One thing I wish I had done was check out the neighborhood myself—both during the day and at night. What's the vibe like? You can fix a roof or plumbing, but you can't fix the area around you.” Reddit · r/FirstTimeHomeBuyer · 1 year ago 10 Things You Absolutely Need To Know About Buying A Home what should i know about buying a house
: Verify the age and condition of expensive essentials like the roof ($8,000–$15,000+), HVAC ($5,000–$10,000), and electrical systems . : Your score directly impacts your interest rate
: An essential guidebook covering mortgages, the MLS, and making offers. Available at Books A Million for ~$16.99. What's the vibe like
: Account for "hidden" monthly costs like property taxes, homeowners insurance, HOA fees, and maintenance (budget 1–2% of the home's value annually for repairs).
: Use the 28/36 rule —spend no more than 28% of your gross monthly income on housing costs and 36% on total debts.
: Covers inspecting, evaluating, and legal issues. Available at Barnes & Noble for ~$9.99. Community Perspectives