RSS

Real Estate FAQ: What Is The Cheapest Way To Buy A House

 


With home ownership becoming more and more expensive, it’s no surprise people are looking for ways to become a homeowner without going bankrupt. Here are some tips to help you find a home you can afford.


Look at foreclosure lists, though there may not be much room to negotiate and there may be hidden fees as well. In terms of shaving off a bit of your mortgage payment, a credit score of at least 740 or 760 will get you the best interest rate, and a downpayment of 20 percent or more will help you avoid private mortgage insurance.


If you're thinking of buying and would like some tips or assistance, reach out to us!



Comments:

No comments

Post Your Comment:

Your email will not be published
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.