There’s no denying that it has gotten more expensive to buy a home this year as mortgage rates have climbed. But if you still want to make your home buying dreams come true, Ryan Haley has three tips for you.
1. Expand Your Search Radius and Your Criteria
if you’re having a hard time finding a home in your budget, it can help to look in more affordable areas. It’s also worthwhile to re-prioritize your list of must-haves and nice-to-haves.
2. Explore the Financing Options
When you work with a good local lender, go over the various types of loans to find out what’s best for your situation.
3. Look for Grants and/or Gift Funds
You should also search for grants and gift funds that are also out there, whether it’s from federal, state, or local down payment assistance. This is especially for our first-time home buyers and primary residents.
At the end of the day, let’s connect let’s go over the different options that are out there and what might best fit your needs when it comes to buying a home in today’s real estate market environment.