5 Tips for First-Time Homebuyers

If you’re in the market for a new home for the first time, keep these tips in mind:

  1. Check your credit report before you do anything. Take care of any items that need your attention before you look for a house.
  2. Create a homebuyer budget. How much home can you afford based on your net income?
  3. Create a homeowner budget. Save money for repairs and maintenance.
  4. Shop for a lender. You could save thousands on your mortgage by getting the smallest interest rate available.
  5. Shop for a home. Once you know how much home you can afford and what mortgage rate you can lock in, look at all the available options locally within that price range.
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About cozbycpa

Heather L. Cozby is a CPA on the South Shore and Cape Cod. The managing partner of Cozby & Company, LLC, Heather has the resources and experience necessary to provide quality professional services on a timely basis and at a reasonable cost. She specializes in tax planning & preparation; audit, review & compilation services; management advisory services; bookkeeping; and accounting. Her unique niche is in working with homeowners’ associations and condominium trusts, advising with rental real estate, and providing outsourced financial consulting for mid-sized companies. She is more entrepreneurial than most accountants, and offers the best of both worlds - providing the services of a larger firm while retaining the ability to connect with her clients on a personal level.
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