HALO REALTY

Serving NJ, NY, PA & FL

Paul Verdicchio, Broker/Owner, Cell: 732-910-4707

 

OFFICES:

30 Knightsbridge Rd., Suite 525, Piscataway, NJ 08854, Office: 848-229-1810

221 River St., 9th Fl., Hoboken, NJ 07030, Office: 201-721-8500

100 Overlook Center, Princeton, NJ 08540, Office 609-375-2000

22 Ridge Road, 2nd Floor, Lyndhurst, NJ 07071, Office 201-507-0948

4400 Rt. 9 South, Freehold, NJ 07728, Office: 848-229-1810

28 Valley Road, Montclair, NJ 07042, Office: 848-229-1810

 

HALO REALTY is a Proud Sponsor of www.moveforhunger.org

HALO REALTY is an Equal Opportunity Employer and supports the Fair Housing Act. 
@2018 HALO REALTY. ALL RIGHTS RESERVED

10 Steps to Buying a Home

Buying a house is one of the biggest investments you will make and so it is important to understand how to find and finance the perfect home for you.  The home buying process can be stressful and would require a lot of your time to complete the purchase but these 10 steps can help make it manageable and help you make the best educated decisions possible.

Step 1:

Have Cash Saved Up for Down Payment and Evaluate Your Finances

When you decide that it is time to buy your own home, you must have cash for a down payment.  You may choose to open a savings account or a family member may give the down payment as a monetary gift. 

 

Depending on the type of loan and any loan programs you will qualify for, typically, you would need down payment that ranges from 3% - 20% of the purchase price.

‚Äč

Evaluate your finances. Your credit reports are an ongoing record of how you manage your finances.  It plays an important role in the mortgage approval process and in determining the interest rate and other loan terms that a lender offers you