44 - How to Buy a Home Part 1

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The biggest purchase you'll ever make is buying a home, so it makes sense that you do some research and homework before diving in. Here we share the critical first steps you should take, as well as some tricks so you get the home you want and don't overspend at any point in the process.

The biggest purchase you’ll ever make is buying a home, so it makes sense that you do some research and homework before diving in. Here we share the critical first steps you should take, as well as some tricks so you get the home you want and don’t overspend at any point in the process.

In this episode:

  • Simple and sweet trick to pay your mortgage [1:00] 

  • Number one thing to do to lower your costs when buying a home [3:00]

  • The magic number your credit score has to be to get the lowest interest rate [5:00]

  • Ways to help your credit score [6:00]

  • Ways to choose a mortgage lender [7:00]

  • The benefits of pre-approval [10:30]

  • Determining your down payment [15:30]

  • “Seasoned” funds and why they are important [19:30]

  • Consider what you need to purchase after the home purchase [24:00]

  • Tips for finding a real estate agent [28:00]

  • Understanding an agent’s incentives [31:00]

  • How to interview a agent [34:00]

If you prefer to follow along on YouTube, watch here: