Janice Kraft Platinum "Real Estate Agent in Temecula" Helping First Time Buyers

First time home buyers.

If you are a first time home buyer, planning to make your purchase in Temecula here are three key steps you should consider.

Is this the best time to buy.

Despite all the hysteria about the market, this is actually an excellent time to purchase real estate in Temecula. Especially for first time buyers. Because homes are sitting on the market for much longer, many sellers are motivated, some are even willing to pay all the closing costs. Real estate agents in Temecula are finding that there are many homes on the market. For a first time buyer this is a perfect real estate market to get more home for your dollar. Real estate agents in Temecula say that the amount of homes on the market afford first time buyers a larger selection.

Are you prepared?

Owning a home is a big responsibility. It is important to make sure that you are prepared. Be sure that your credit score is up. The higher your credit score the better your financing terms. During the housing boom of 2003-2004 many buyers purchased homes with sub prime credit. Based on their credit scores lenders offered these buyers unconventional loans with adjustable rates. As the interest rates began to rise, many people found their mortgage rate rising. Real estate agents in Temecula are finding the number of foreclosures in the area up by significant numbers. Don't let the same thing happen to you. Make sure that you get your credit in order before you purchase.

Do you have a good real estate agent?