What To Do To Prepare To Buy Your First Home 💯 Genuine

: Follow the 3-3-3 rule —have three months of living expenses saved and three months of mortgage payments in reserve. 2. Do Your Homework on the Market

: Distinguish between non-negotiables (e.g., number of bedrooms, safety) and things you can compromise on (e.g., paint colors, older appliances).

Before looking at houses, you must understand what you can actually afford.

: W-2s from the last two years and recent pay stubs. Tax Returns : Federal returns for the past two years.

: A pre-approval letter shows sellers you are a serious buyer and have already arranged financing.