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If you are planning to buy a home for the first time in the near future, you may want to start planning now. Preparing to buy a home in Mid-Missouri early can help to make the process easier. Now is the time to start saving and thinking about what you, as a first-time home buyer, should do. To learn some tips on how you can start preparing and saving for a down payment, take a look below to find some pointers from the expert team at Devine & Associates . 1. Figure Out How Much You Will Need Before beginning to set goals surrounding your finances, figure out how much you will need for a down payment.  Typically, 20 percent of the home cost is a good goal for down payment savings, although it can range as low as 3.5 percent.  Many new homebuyers today are putting down closer to 5 or 10 percent.  Talk to your agent about how much you will need before beginning to budget for your future home. 2.  Open a Savings Account Specifically for Your Down Payme...

If you are planning to buy a home for the first time in the near future, you may want to start planning now. Preparing to buy a home at the Lake of the Ozarks early can help to make the process easier. Now is the time to start saving and thinking about what you, as a first time home buyer, should do. To learn some tips on how you can start preparing, take a look below to find some pointers from Devine & Associates Real Estate . Start Saving for a Down Payment It's important to save up for the purchase of a home. Even if you aren't required the traditional 20% down, there is usually some upfront costs associated with buying a house. Try to put away a portion of each paycheck to earn enough to get started on your dream of homeownership. Get Pre-Approved A mortgage lender can help get you pre-approved for a loan. This can help give you an idea of how much you can afford in a home and also shows your real estate agent what price range to help you find a home. Many t...