Your housing budget should include expenses directly related to purchasing a home, such credit check fee, along with charges for the appraisal, home inspection and closing. You should also budget for the down payment, moving expenses, decorating costs and furnishings.

Usually, the cost for closing the loan is three percent of the sale price. If the sale prices is $235,000, multiply this figure by 0.03 which gives a closing cost of $7,050.

Yes, you do! The purpose of this inspection is to make sure there are no problems with the building, including roofing, plumbing and electrical systems.

Even if the area looks good, get the opinion of several neighbors. You can also visit the police precinct to find out what the crime statistics show. If you are concerned about schools make appointments with building leaders and the school board representative for the area.

Call us as soon as you begin thinking about buying a home ----The sooner, the better. We have many years of successful experience and can help you navigate the often-challenging homebuying waters. We partner with bankers, credit repair agencies and highly qualified closing attorneys.