Manuel Realty Group

Pick the right type of house and neighborhood 🏡

Weigh the pros and cons of different types of homes, given your lifestyle and budget. A condominium or townhome may be more affordable than a single-family home, but shared walls with neighbors will mean less privacy. Don't forget to budget for homeowners association fees when shopping for condos and townhomes, or houses in planned or gated communities.

Another option to consider is buying a fixer-upper — a single-family home in need of updates or repairs. Fixer-uppers usually sell for less per square foot than move-in ready homes. However, you may need to budget extra for repairs and remodeling. Renovation mortgages finance both the home price and the cost of improvements in one loan.

☎️248-648-1067
www.ManuelRealtyGroup.com
Buy🏡Sell💵Invest💰Rent

Check and strengthen your credit
Your credit score will determine whether you qualify for a mortgage and affect the interest rate lenders will offer. Take these steps to strengthen your credit score to buy a house:

Get free copies of your credit reports from each of the three credit bureaus — Experian, Equifax and TransUnion — and dispute any errors that could hurt your score.

Pay all your bills on time, and keep credit card balances as low as possible.

Keep current credit cards open. Closing a card will increase the portion of available credit you use, which can lower your score.

Track your credit score.
☎️248-648-1067
www.ManuelRealtyGroup.com
Buy🏡Sell💵Invest💰Rent