Are you looking into buying your first home? Congratulations! If you’re ready to put down some roots in Cypress, The Lippincott Team is here to help you every step of the way. But before we get started, there’s a few questions you should ask yourself to make sure you’re ready to take the leap into home ownership..
1. Do you have a stable income?
You wouldn’t be able to make a monthly mortgage payment without one, and you probably wouldn’t be approved for one either. If you haven’t established much of a work history, it may not be the right time for you to buy a home. While you work on beefing up your resume, don’t forget to build up your financial snapshot too! This way, you’ll be fully prepared to apply for a mortgage and buy a home when the time is right for you.
2. Credit matters!
Is your score good enough? It’s a major part of your financial picture. Get familiar with your credit score and read more about how it affects your home buying options in our previous blog post.
3. Have you been saving?
Did you know some mortgages require the buyer to save up to 20% of the price of a home? While some down payments are less, a considerable amount needs to be saved before you can purchase a home. Don’t forget – a down payment isn’t the only thing you need to be saving for during the home buying process. Inspections, appraisals, titles, and closing fees can all be costly for a first-time buyer.
If you answered “yes!” to all three questions, it may be time to buy your first home. Buying for the first time can be overwhelming and confusing, but The Lippincott Team stands prepared for today’s market and every buyer’s unique situation. We look forward to working with you! Get started today by calling our office at 713-494-1818.
We worked with Amy Lippincott's team when selling our house in Bridgeland and when buying our new Bridgeland house. The personalized service they provide their clients is unequaled and they are unquestionably the best realtor team in Cypress.
The Lippincott Team is the best around!! I recommend them to everyone I know looking to lease, buy or sell. I have used them on every house I have bought and sold.
Best Realtor in Cypress! Amy walked our family through every step of purchasing our new home with professionalism and experience. Team Lippincott made us feel as though we were their #1 priority! If you are looking to buy or sell real estate in Northwest Houston, I highly recommend Team Lippincott! Simply THE best!
I can’t say enough good stuff about this team! We loved working with them. The entire process was quick and painless. They listened to our wants and needs and helped us find the perfect home, not to mention they sold our home CRAZY fast! You won’t regret using them for your next home endeavor!
The Lippincott Team was awesome to work with! They were thorough, patient with my many questions & responded quickly. I knew I was in great hands & loved working with them!