Home Buyers Skip This Step!

Don’t let this be you! The exciting part of buying a home is finding the right home. Unfortunately, you may not get the home you want because you havent taken the correct first steps. Agents and Lenders can’t wait to get you Pre-Approved and looking at houses, but your first step should be…

Step 1: Foundation & Credit Check ✅ 

• Goal: Understand financial position and prepare credit profile.

Tasks:

• Review credit reports (Experian, Equifax, TransUnion) for errors. Click to get your Free Credit Report
• Pay off any small debts or correct derogatory marks.
• Calculate DTI (Debt-to-Income Ratio) to know how much home they can afford.
• Set a realistic home budget (typically 2.5–3x gross annual income).
• Begin cutting back on unnecessary expenses to be ready for a downpayment, transaction costs and emergency fund.

Kevin’s Take:

Start your home buying process by getting yourself ready financially and then look for the home that meets your lifestyle and finacial goals. This step is the least sexy, but could cost you. 

Want a 6 Month Home Buying Preparation Plan? Email or Text 6MonthPlan
Kevin Parker | Realtor
📧 Connect@KevinLParker.com
📞 864-714-6967