You may be more than excited to purchase homes in jacksonville, but you may not be ready to do so!
The biggest mistake many would-be homeowners make is not taking the time to understand the financial obligations of purchasing a home. Here are a few questions to ask yourself to determine if you are really ready to purchase your first home:
Do I have a down payment fund?
Have you been saving for your first home? If the answer is no then you aren’t ready to purchase your first home. Since the financial and credit crisis of a few years back, lenders have changed the rules of the game. In other words, little or no down payments are no longer an option for most buyers, and lenders now require, on average, 20 percent of the purchase price of a home…