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.

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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