Quick tips for buying a house in 2022, and preparing for your future
DELMARVA – It’s no secret the past two years have created financial challenges for everyone. Local realtor from Delaware, Tori Lech says one of the greatest investments you can make in your life is real estate.
She tells 47 ABC preparation boils down to things like repairing your credit and paying off student loans and other debts. The real estate industry expects the supply of for-sale homes to increase in 2022.
So Lech tells us now might be the time to start preparing to buy a home, and giving yourself more stability for the future. Even if you’re not ready today, make those steps forward to get ready in a month, two months, six months,” says Lech. She adds, “Just making that first step getting in touch with a lender, breaking down and seeing what you need to do to get your credit score where it needs to be, make savings, it’s vital.”
Lech also tells us, if you’re a first-time hohomebuyermany counties have a first-time homebuyer credit which can help decrease closing costs.