{"id":818,"date":"2018-08-07T21:00:20","date_gmt":"2018-08-07T21:00:20","guid":{"rendered":"https:\/\/acsolutionsnv.com\/capitol\/?p=818"},"modified":"2018-08-07T21:00:20","modified_gmt":"2018-08-07T21:00:20","slug":"things-you-need-to-know-before-buying-your-first-home","status":"publish","type":"post","link":"https:\/\/acsolutionsnv.com\/capitol\/things-you-need-to-know-before-buying-your-first-home\/","title":{"rendered":"Things You Need to Know Before Buying Your First Home"},"content":{"rendered":"<h1><img decoding=\"async\" class=\"alignnone size-medium wp-image-819\" src=\"https:\/\/acsolutionsnv.com\/capitol\/wp-content\/uploads\/2018\/07\/shutterstock_765849310-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\" \/><\/h1>\n<h1>What You Should Know When Buying Your First Home<\/h1>\n<p><!--more--><br \/>\nBuying a house is something that always takes time and can be a stressful process if you don&#8217;t know what you&#8217;re doing, especially if you are purchasing your first home. When buying your first house, there are a several things that you should know beforehand so that you can make sure that the decision you eventually make is the right one.<\/p>\n<h2>Make a Substantial Down Payment<\/h2>\n<p>Before you even consider buying a home, it&#8217;s highly recommended that you save up until you are able to make a sizable down payment. Although it&#8217;s possible to obtain a reasonable mortgage with a down payment of 7-10 percent, the recommended down payment is 20 percent of the price of the home, which will allow you to have lower monthly payments. In the same vein, it&#8217;s important that you have your finances in order, which means that your credit score should be in good shape. If you have a lot of debt and a relatively low credit score, start paying off your debt to improve the credit score and obtain lower rates.<\/p>\n<h2>Stay Away from Fixer-Uppers<\/h2>\n<p>A fixer-upper home can be very appealing when you want to live in a neighborhood that you wouldn&#8217;t typically be able to afford living in. However, a fixer-upper home can be risky unless you&#8217;re willing to put a sizable amount of money into renovations. If a fixer-upper home is an absolute must for you, make sure that you obtain an inspection to ascertain where the most problematic areas are.<\/p>\n<h2>Don&#8217;t Rush Things<\/h2>\n<p>Always take your time when buying your first home. This is a place that you&#8217;re likely going to live in for at least 5-10 years, which is why you shouldn&#8217;t feel pressured into making an immediate purchase. You should also shop around for good rates on your mortgage as well as homeowner&#8217;s insurance. Once you have found the home of your dreams, you can start searching for a\u00a0<a href=\"https:\/\/acsolutionsnv.com\/capitol\/\">Las Vegas moving company<\/a>\u00a0that will assist you in moving out of your parent&#8217;s home or the apartment you currently live in.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What You Should Know When Buying Your First Home<\/p>\n","protected":false},"author":1,"featured_media":819,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[],"class_list":["post-818","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/acsolutionsnv.com\/capitol\/wp-json\/wp\/v2\/posts\/818","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/acsolutionsnv.com\/capitol\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/acsolutionsnv.com\/capitol\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/acsolutionsnv.com\/capitol\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/acsolutionsnv.com\/capitol\/wp-json\/wp\/v2\/comments?post=818"}],"version-history":[{"count":0,"href":"https:\/\/acsolutionsnv.com\/capitol\/wp-json\/wp\/v2\/posts\/818\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/acsolutionsnv.com\/capitol\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/acsolutionsnv.com\/capitol\/wp-json\/wp\/v2\/media?parent=818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/acsolutionsnv.com\/capitol\/wp-json\/wp\/v2\/categories?post=818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/acsolutionsnv.com\/capitol\/wp-json\/wp\/v2\/tags?post=818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}