Posted by: islamicfinancingnews | May 16, 2014

Buying your first home? Read This

When you’ve got your Islamic home loans all tidied up and are ready to buy that first home, you need to proceed with a certain amount of caution to make sure everything goes smoothly because you’re making a huge investment.

Here’s a few things you can do to make sure you’re ready 12 full months in advance:

• You should devote the entire year to saving money and paying off any outstanding debt you have because you’ll need a good credit score to be preapproved for home inspectorIslamic mortgage loans.
• Start building a library of the things you like and want in your new house by using electronic media to save the listings that catch your eye.
• Getting preapproved shows you’re serious about buying a home. Both real estate agents and sellers will take you more seriously when they see you’ve taken this step.
• Do some budget planning by making a list of your future bills that will include utilities and property tax.

Finally, remember to have a little fun when you’re shopping with islamic home loans. While buying a house is a huge investment, it’s also an experience you’ll want to remember.





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